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-Croatia to select buyers for selling banks and insurers.

Global Banking News-October 10, 2013--Croatia to select buyers for selling banks and insurers(C)2013 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 10 October 2013

Croatia is to select buyers for banks and insurers, according to Reuters.

It is believed that the Croatian finance ministry has drawn up a shortlist of trade buyers for the privatisation of the country's biggest insurer and the last local bank in state hands.

The government has invited bids for its 99.13 percent stake of Hrvatska Postanska Banka (HPB), and its approximate 50 percent stake in insurer, Croatia Osiguranje (CO).

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Publication:Global Banking News (GBN)
Geographic Code:4EXCR
Date:Oct 10, 2013
Words:119
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