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S&P affirms BBB-/A-3 ratings on Croatian development bank; outlook negative

NEW YORK/ZAGREB, April 16 (Hina) - The international credit rating agency Standard&Poor's on Monday confirmed its credit rating for the Croatian Bank for Reconstruction and Development (HBOR) for long- and short-term foreign and local currency sovereign credit ratings on Croatia at 'BBB-/A-3' and affirmed its negative outlook on HBOR.

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