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CASSA DI RISPARMIO DI TRIESTE TO OPEN NEW BANK IN CROATIA

ZAGREB, Jan 26 (Hina) - The Croatian National Bank (NBH) was visited today by Roberto Verginella, president of the Italian bank 'Cassa di Risparmio di Trieste' and the director of the bank's department for international business relations, Gianfranco Michielli. The two Italian businessmen held talks with NBH deputy governor Zdravko Rogic on the establishment of a new bank in Zagreb, a statement from the NBH said.
ZAGREB, Jan 26 (Hina) - The Croatian National Bank (NBH) was visited today by Roberto Verginella, president of the Italian bank 'Cassa di Risparmio di Trieste' and the director of the bank's department for international business relations, Gianfranco Michielli. The two Italian businessmen held talks with NBH deputy governor Zdravko Rogic on the establishment of a new bank in Zagreb, a statement from the NBH said. #L# The representatives of 'Cassa di Risparmio di Trieste', which is one of the largest and oldest regional banks in Italy, said that 15 million German marks of initial capital had been secured for the establishment of the bank. The majority shareholder with 51% of the shares would be 'Cassa di Risparmio di Trieste'. Fourteen percent of initial capital would be invested by the World Bank branch department for the support to private investment, International Finance Corporation (IFC) from Washington. Two more Italian partners are to join the enterprise as well as 12 Croatian shareholders, among which are some banks. 'Cassa di Risparmio di Trieste' will be the second bank in Croatia with majority foreign ownership and it would be the first case of IFC investment into the independent Croatia. NBH deputy governor Zdravko Rogic informed the Italian bankers about developmental prospects in the coming period as well as about the functioning of the Croatian banking sector. (hina) rm jn 261541 MET jan 96

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