ZAGREB, Sept 11 (Hina) - Hypo Banka Croatia, an affiliate of the Austrian
Hypo Alpe Adria Bank was opened in Zagreb on Thursday.
With a capital stock of DM 20 million, the bank is also owned by the
European Bank for Reconstruction and Development (with 24.99%).
A member of the Hypo Alpe Adria Bank management board,
Wolfgang Kulterer, told a news conference that the bank's goal was to
provide service for all of Croatia via its affiliates or through the +
cooperation
of some Croatian regional banks.
The Hypo Alpe Adria Bank is a financial concern with a hundred year-
old tradition. It decided to spread its business in the Alps-Adriatic region
some ten years ago, so it has affiliates in Italy and Slovenia a well.
(hina) lm jn
111701 MET sep 97
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