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Financial sector reforms are crucial for sustained growth in Croatia and region

Author: Ivana Tomičić Šušak

ZAGREB, Dec 9 (Hina) -  Financial sector development must go beyond improving access to bank credit and financial systems should develop in a balanced way through both bank and nonbank subsectors, including capital markets, the insurance sector, and other nonbank financial institutions to properly support inclusive growth in Europe and Central Asia (ECA), says a new World Bank report, presented in Zagreb on Friday.

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