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HBOR,KREDITANSTALT SIGN CREDIT AGREEMENT WORTH DEM 30 MILLION

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ZAGREB, Jan 16 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and Kreditanstalt fur Wiederaufbau (KfW) signed a credit agreement worth DM 30 million in Frankfurt on Thursday, HBOR said in a statement. The funds are intended for stimulating the development of the small and medium-sized companies sector.
ZAGREB, Jan 16 (Hina) - The Croatian Bank for Reconstruction and Development (HBOR) and Kreditanstalt fur Wiederaufbau (KfW) signed a credit agreement worth DM 30 million in Frankfurt on Thursday, HBOR said in a statement. The funds are intended for stimulating the development of the small and medium-sized companies sector. #L# This agreement crowns four years of successful cooperation between these two credit and investment banks. The allotted funds will further boost HBOR's existing programme for stimulating the development of small and medium-sized companies. The agreement was signed at Kreditanstalt's main office in Frankfurt in the presence of the Croatian Ambassador to Germany, Zoran Jasic, and Consul-General Zdenko Karakas. (hina) as 161343 MET jan 97

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