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Autor: mses
ZAGREB, Feb 3 (Hina) - The Croatian National Bank Council has decided to reduce the rate of reserve requirements for commercial banks from 14% to 13%. This move will provide commercial banks with some HRK2.9 billion for their additional liquidity. The central bank made this decision in order to encourage the economic recovery through a higher number of more favourable loans. The new rate will take effect next week.

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