OTP Bank Croatia, the Croatian subsidiary of Hungary's OTP Bank, has signed a contract on the acquisition of a 100% stake in Splitska Banka, a member of the Societe Generale group, OTP Bank said on Wednesday.
Privredna Banka Zagreb (PBZ) has reported that earlier this week it completed the sale of its stakes in Intesa Sanpaolo Card and VUB Asset Management, the value of the transactions exceeding EUR 36 million.
On Thursday, Slovenian Justice Minister Goran Klemencic said his country had sued Croatia at the court in Strasbourg for breaching the right of the former LB in Zagreb to collect its claims from Croatian companies.
European Union rules on budget discipline and bank bailouts should not be bent to accommodate Italian Prime Minister Matteo Renzi's political needs, the president of the German central bank, or Bundesbank, said in an interview Thursday.
Slovenia's law enforcement authorities on Thursday contested claims made by European Central Bank (ECB) governor Mario Draghi on the Slovenian police having encroached on the internal system of the Slovenian central bank.
European Central Bank (ECB) governor Mario Draghi has officially protested over a Slovenian police investigation in the offices of the Slovenian central bank, which is part of the Eurosystem, a system of central banks of the euro area, noting that confidential ECB information was seized during the investigation.
Total bank deposits in Croatia at the end of March this year amounted to HRK 250.3 billion, 8 billion or 3.3% more than in March 2015, according to the latest figures from the Croatian National Bank (HNB).
Finance Minister Zdravko Maric said before the meeting with the IMF delegation that the appointment of the new government had coincided with a change at the helm of the IMF Mission in Croatia and that its new head Khaled Sakr had come to introduce himself.