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CRO NATIONAL BANK GOVERNOR HOLDS TALKS WITH EBRD PRESIDENT

LONDON, Sept 24 (Hina) - The European Bank for Reconstruction and Development (EBRD) is interested in principle in investing in Croatia's Dubrovacka Bank, Croatian National Bank governor Marko Skreb said in London on Thursday. Speaking to reporters at a celebration of the second anniversary of the British-Croatian Chamber of Commerce, Skreb said he discussed EBRD's possible investment with its president, Horst Koehler. The EBRD would be willing to invest in Dubrovacka Bank on condition that it does not do so individually, but with a strategic partner. Skreb acquainted Koehler with how Croatia had overcome its banking sector crisis. Koehler encouraged Croatia to pursue with measures aimed at the rehabilitation of the sector. Skreb appealed to Koehler for international financial institutions to invest more in the Croatian financial sector. The EBRD is participating in Croatia with
LONDON, Sept 24 (Hina) - The European Bank for Reconstruction and Development (EBRD) is interested in principle in investing in Croatia's Dubrovacka Bank, Croatian National Bank governor Marko Skreb said in London on Thursday. Speaking to reporters at a celebration of the second anniversary of the British-Croatian Chamber of Commerce, Skreb said he discussed EBRD's possible investment with its president, Horst Koehler. The EBRD would be willing to invest in Dubrovacka Bank on condition that it does not do so individually, but with a strategic partner. Skreb acquainted Koehler with how Croatia had overcome its banking sector crisis. Koehler encouraged Croatia to pursue with measures aimed at the rehabilitation of the sector. Skreb appealed to Koehler for international financial institutions to invest more in the Croatian financial sector. The EBRD is participating in Croatia with more than EUR500 million. Koehler said the EBRD was interested in granting loans for small and medium entrepreneurship in Croatia, which it intends to do in cooperation with Croatian banks. (hina) ha

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