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HUB says banks operating in Croatia are highly capitalised

Autor: spez
ZAGREB, Dec 19 (Hina) - Banking business in Croatia in 2012 is featured with a fall in profits compared to 2011 and consequently a reduction in returns on capital and assets but this is not worrisome as their capital adequacy is amongst the highest in the world and if economic growth occurs, banks possess sufficient capital to cater for loans, the economy and the state, the president of the Croatian Banking Association (HUB) Zoran Bohacek said on Wednesday.

(Hina) sp

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