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PARLIAMENT: CONCLUSIONS ON BANKING SYSTEM

( Editorial: --> 9232 ) ZAGREB, June 5 (Hina) - The House of Representatives in the "Conclusions" adopted on Friday emphasised the duty of the National Bank to preserve the stability and liquidity of the Croatian financial and banking systems. The 13 Conclusions on the situation in the banking system, tabled by the HDZ, were adopted after the House thoroughly aired the issues brought up by Governor Skreb's report on Thursday. The Conclusions instruct the Government to draw up new bills on banking in general and the central bank in particular, and to propose amendments to the Payment Transactions Act. The central bank should insist on commercial banks respecting regulations regarding internal audit, the Conclusions stressed. The new bill should raise the minimum core capital of a new bank from the current US$9.4 million to US$15.6 million. "The relevant state bodes must issue an objective and unambiguous report on the situation in Dubrovacka Banka (...) All the bank officers must return the loans in accordance with the terms of the loan contracts," the Conclusions said. The House added 12 items to this session's agenda. They include a report on the implementation of the State Budget for 1998 and a package of laws introducing measures outlined in the National Employment Strategy. (hina) jn as/bag 052013 MET jun 98

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