Q:
A:
Large European banks interested in Serbia
Belgrade,
26 July 2004
Serbian Finance Minister Mladjan Dinkic said that three large European banks have expressed interest in investing in the Serbian economy and opening credit lines for the country.
Mladjan Dinkic
German Deutsche Bank is interested in purchasing long-term state bonds and bolstering its corporate lending activity in the country, said Dinkic.
Italian largest bank Banca Intesa is interesting in purchasing a socially-owned bank in Serbia, the Minister said, adding that Greek EFG Eurobank Ergasias is seeking to expand its operations in the country.
Italian UniCredito Italiano, Austrian Erste Bank and Bank Austria Creditanstalt, Greek Alpha Bank, British General Electric Europe Capital, Nova Ljubljanska Banka from Slovenia, Hungarian OTP Bank, and French Societe Generale have placed bids in an international tender for the sale of Jubanka, he went on to say, adding that the arrival of foreign banks will not imply lay-offs in the banking sector.
Dinkic also noted that long-term bond trading calls for a new public debt law, adding that the parliament is due to discuss a public debt bill in October.
Italian largest bank Banca Intesa is interesting in purchasing a socially-owned bank in Serbia, the Minister said, adding that Greek EFG Eurobank Ergasias is seeking to expand its operations in the country.
Italian UniCredito Italiano, Austrian Erste Bank and Bank Austria Creditanstalt, Greek Alpha Bank, British General Electric Europe Capital, Nova Ljubljanska Banka from Slovenia, Hungarian OTP Bank, and French Societe Generale have placed bids in an international tender for the sale of Jubanka, he went on to say, adding that the arrival of foreign banks will not imply lay-offs in the banking sector.
Dinkic also noted that long-term bond trading calls for a new public debt law, adding that the parliament is due to discuss a public debt bill in October.
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