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DEFENCE AND NATIONAL SECURITY COUNCIL DISCUSSES BANKING SYSTEM PRO

$ BLEMS ZAGREB, 1 July (Hina) - A session of the Council for Defence and National Security (VONS) was held today in Zagreb under the chairmanship of President Franjo Tudjman. The session discussed problems of Croatia's banking system, a statement from the President's Office said. The session focused on the problem of Privredna banka Zagreb, which carried the greatest part of the burden of Croatia's economy, in the socialist period as well as after the democratic elections, and especially during the Homeland war.
PRO $ BLEMS ZAGREB, 1 July (Hina) - A session of the Council for Defence and National Security (VONS) was held today in Zagreb under the chairmanship of President Franjo Tudjman. The session discussed problems of Croatia's banking system, a statement from the President's Office said. The session focused on the problem of Privredna banka Zagreb, which carried the greatest part of the burden of Croatia's economy, in the socialist period as well as after the democratic elections, and especially during the Homeland war. #L# It was concluded that Privredna banka Zagreb should be reorganized as soon as possible in line with legal bases on succession, so that it could remain one of the leading Croatian banks and preserve the respect it has in domestic and international financial circles, the statement said. (hina) rm 011507 MET jul 96

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