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Banks capable of responding to demand for low interest loans

Author: Snježana Pezer

ZAGREB, Dec 6 (Hina) - The banking system in Croatia is markedly stable and banks are highly capitalised and prepared to respond to a healthy demand for loans with historically low interest rates, the Croatian Banking Association (HUB) said in its latest quarterly publication, adding that bank profits this year are about 45% lower compared to 2016 due to the crisis in the Agrokor food and retail conglomerate.

(Hina) sp

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