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LINIC:GOVERNMENT CANNOT DE-BLOCK ISTARSKA BANK

Autor: ;MSES;
PULA, March 30 (Hina) - "Croatia's Government has no say in the matter of the Croatian National Bank (HNB) and that's why it cannot make any decision about de-blocking the Istarska bank," A Vice Premier, Slavko Linic, told a local television station in Pula on Wednesday night. Asked how much it is correct that the Rijecka bank would like to "take over" Istarska bank, with Linic's assistance, the Vice Premier replied that it was an ordinary political platitude in view that "the Istarska bank is associated with the Istrian Democratic Alliance (IDS) whereas the Rijecka is associated with the Social Democratic Party (SDP)." "The Rijecka bank was taken away from Rijeka citizens two years ago, and it is now only bearing this name while its majority owner is a German partner," said Linic, a former mayor of Rijeka. He confirmed that some banks had shown interest to recapitalise the Istarska bank. This can help preser
PULA, March 30 (Hina) - "Croatia's Government has no say in the matter of the Croatian National Bank (HNB) and that's why it cannot make any decision about de-blocking the Istarska bank," A Vice Premier, Slavko Linic, told a local television station in Pula on Wednesday night. Asked how much it is correct that the Rijecka bank would like to "take over" Istarska bank, with Linic's assistance, the Vice Premier replied that it was an ordinary political platitude in view that "the Istarska bank is associated with the Istrian Democratic Alliance (IDS) whereas the Rijecka is associated with the Social Democratic Party (SDP)." "The Rijecka bank was taken away from Rijeka citizens two years ago, and it is now only bearing this name while its majority owner is a German partner," said Linic, a former mayor of Rijeka. He confirmed that some banks had shown interest to recapitalise the Istarska bank. This can help preserve the security of depositors. According to him, concerning this biggest Istrian financial institution, the right solution should be found for the injection of fresh capital so that the bank can be de-blocked and become stronger in its all segments. (hina) mm ms

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