New majority owner of Banka Brod

Published: 13/7/2011

At its today's session, the CNB Council examined current economic and monetary developments and the latest analysis of the stability of the Croatian financial system and the potential risks to this system and adopted a monetary policy projection for the third quarter of the year.

The CNB Council approved the Turkish Eksen Holding Anonim Şirketi from Istanbul to acquire a qualifying holding of over 50% of the capital of Banka Brod d.d., Slavonski Brod. The CNB Council also approved the decision to appoint Arsen Kantarci as the Chairman of that bank's Management Board.

Investkredit Bank AG with a registered office in Vienna was given an approval for indirect acquisition of the majority ownership in the initial capital of Volksbank d.d., Zagreb, as a result of internal reorganisation of the parent Austrian banking group.

An approval was also granted to OTP banka Hrvatska d.d., Zadar, for the appointment of Helene Banjad as Management Board Member and to Société Générale Splitska banka d.d., Split, for the appointment of André-Marc Prudent-Toccanier as the Chairman and Nelsi Rončević as a Member of that bank's Management Board. An approval was granted to Volksbank d.d., Zagreb for the reappointment of Andree Kovacz-Wőhry as Management Board Member.