ZAGREB, Nov 25 (Hina) - The Bavarian LfA (Landesanstalt fuer Aufbaufinanzierung) bank and the Croatian Bank for Reconstruction and Development signed an agreement on cooperation aimed at encouraging medium-sized Bavarian companies to
engage in long-term investments in Croatia, in Munich on Monday.
CROATIA
ZAGREB, Nov 25 (Hina) - The Bavarian LfA (Landesanstalt fuer
Aufbaufinanzierung) bank and the Croatian Bank for Reconstruction
and Development signed an agreement on cooperation aimed at
encouraging medium-sized Bavarian companies to engage in long-term
investments in Croatia, in Munich on Monday. #L#
Under the Agreement, LfA is to support Bavarian medium-sized
companies in their direct and joint investments in Croatia. To
companies that have difficulties raising the necessary capital, LfA
will offer syndicated loans, refinancing schemes and guarantees.
The Agreement opens new possibilities for stimulating the
development of small and medium-sized companies in Croatia, on
which Croatia bases its overall economic development strategy, the
Croatian Bank for Reconstruction and Development said in a
statement.
(hina) mm as
251329 MET nov 96