EBRD GRANTS DM 20 MILLION LOAN TO DALMATINSKA BANKA

ZADAR, April 7 (Hina) - The European Bank for Reconstruction and Development (EBRD) today granted a 20 million DM long-term loan to Dalmatinska Banka in Zadar. A preliminary contract had already been signed, and the final signing was expected in June, said the director of Dalmatinska Banka, Neven Dobrovic. The EBRD awards loans under strict terms for a period of seven years, said Dobrovic. Dalmatinska Banka would invest the loan into private companies or companies in the final stage of privatization, on condition that they had good programmes in Croatia. Loans would be granted mainly for the development of agriculture, food processing industry, and transport and trade related to agricultural production. (hina) jn rm vm 071549 MET apr 95