The Croatian ruling affects eight retail banks: Zagrebacka Banka d.d, the local unit of Italian bank UniCredit SpA, Privredna Banka a.d., the local arm of Italian bank Intesa Sanpaolo, Splitska Banka, the subsidiary of French bank Societe Generale SA, and the local subsidiaries of Austrian banks Raiffeisen International AG, Erste Group Bank AG, and Hypo Alpe-Adria-Bank AG, of Hungary’s largest bank by market share OTP Bank Nyrt., and of OAO Sberbank Rossia, Russia’s largest bank. blogs.wsj/emergingeurope/2013/07/04/croatian-court-tells-banks-to-convert-swiss-franc-loans-hungarian-court-doesnt/
Posted on: Mon, 08 Jul 2013 16:40:17 +0000
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