ZAGREB, 3 March (Hina) - A one-day seminar, entitled 'World Bank Business Operations and Programs' , was held in Zagreb on Monday. The seminar was attended by directors and business managers of Croatian banks and other financial
institutions as well as by business people from Zagreb and the Zagreb County.
ZAGREB, 3 March (Hina) - A one-day seminar, entitled 'World Bank Business
Operations and Programs' , was held in Zagreb on Monday. The seminar was
attended by directors and business managers of Croatian banks and other
financial institutions as well as by business people from Zagreb and the
Zagreb County. #L#
Paul Andre Blanchet, business expert with the World Bank European
Office, explained that the International Financial Corporation (IFC), as a
part of the World Bank, does not require debt repayment guarantees from
governments. The IFC promotes private ownership and offers financial, legal
and technical support to private entrepreneurs, he said.
Blanchet also spoke about the way Croatia's entrepreneurs and
companies can obtain IFC loans. The IFC approves some 3,9 billion dollars of
loans annually for numerous projects.
(hina) rm mm
031326 MET mar 97