 "Info-Prod Research (Middle East)")
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RATING ASSIGNED TO ZAGREBACKA BANKA
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Moody's Investors Service has assigned a ratingof A2 (stable
outlook) to the upcoming issue of unsecured unsubordinatednotes by
Zagrebacka banka. The notes, maturing in 2009 and the
associatedcoupons constitute direct, unconditional and unsecured
obligations of thebank. Moody's stated that the rating of the notes
issue has pierced Croatia's sovereign ceiling for foreign currency
bonds of Baa3. The level ...
Related newspaper, magazine, and journal articles from HighBeam Research
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RATING ASSIGNED TO ZAGREBACKA BANKA
Info-Prod Research (Middle East)
; Moody's Investors Service has assigned a ratingof A2 (stable outlook) to the upcoming issue of unsecured unsubordinatednotes by Zagrebacka banka. The notes, maturing in 2009 and the associatedcoupons constitute direct, unconditional and unsecured obligations of thebank. Moody's stated that the
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ZAGREBACKA BANKA RATING
Info-Prod Research (Middle East)
; Moody's Investors Service has changed the outlook on the D+ financial strength rating assigned to Zagrebacka banka to positive from stable. The outlooks on the foreign currency deposit ratings remain unchanged and stable. Moody's said that the outlook change reflects the bank's stable and improving
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Austerity pays off.(for banks in Croatia)(Brief Article)(Statistical Data Included)
The Banker
; Croatia's programme of rehabilitation, privatisation and consolidation is making its mark. Croatia has made great progress since president Franjo Tudjman died at the end of 1999 and a new a pro-reform coalition government headed by prime minister ivica Racan was elected. Politics are more open and
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State sales gain momentum: In the past two years, Croatia has been selling off its interests in business. On the banking front, this has led to improved performances, better corporate governance and an altogether stronger sector. (Croatia).(financial data for top 5 Croatian banks)(Illustration)(Statistical Data Included)
The Banker
; Croatia's progress in the two years since former president Franjo Tudjman died and the present pro-reform coalition government was elected has been impressive. Politics have become more open and democratic. The pace of economic reform has been stepped up in line with the government's aim of
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Central & Eastern Europe: Croatia - Foreign Players Vote With Their Feet - Although The Economy Is In Bad Shape, Croatia Remains A Magnet For Foreign Banks, Simply Because Croatians Like To Borrow And Save. Tom Blass Reports.
The Banker
; The Croatian economy is not in a robust state. Foreign debt as a percentage of GDP has soared to over 85%. Accession talks with the EU, due to start on March 17, have been postponed until the government delivers a war criminal to the Hague. GDP growth, forecast at 3% for 2005, lags behind
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Go forth and multiply.(Croatian banking takes off)(Industry Overview)(Statistical Data Included)
The Banker
; Colin Jones, and Stephen Timewell in Zagreb, report on how Croatia's banking sector is looking forward to an unprecedented period of growth, both at home and internationally CROATIA'S PROGRESS IN the two years since the death of former president Franjo Tudjman and the election of a new pro-reform
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Supplement: Croatia - Partners In Success.(Interview)
The Banker
; Zagrebacka Banka (ZB) was the only big Croatian bank to weather the banking crises of the 1990s without the need for recapitalisation at the state's expense. A strong branch network, a dominant position in Croatia's largest and richest city, conservative and prudent lending policies and a
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Exorcising the ghost.(Statistical Data Included)
The Banker
; Croatia's new guard is trying to shake off the country's recent past The shadow of Franjo Tudjman's dominating personality has disappeared fast in Croatia. The long-serving, ultra-nationalist former president died in December. In a general election three weeks later, his Croatian Democratic Union
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Baltimore Snags 6 Banks.
The Online Reporter
; Baltimore Technologies trumpets that it has six new banking groups licensing its e-security products and services. HypoVereins Bank in Germany, Staalbankiers in the Netherlands, Zagrebacka Banka in Croatia, Allied Irish Bank and Anglo Irish Bank in Ireland and Dexia Bank in Belgium have licensed
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UNICREDITO/ALLIANZ CONTROL 79.1% OF ZAGREBACKA (CROATIA).(Brief Article)(Statistical Data Included)
European Report
; The Italian bank Unicredito Italiano and the German insurance group Allianz have issued a statement indicating that they control 79.1% of voting rights in Croatia's leading bank, the Zagrebacka Banka (ZaBa), following their friendly takeover bid. The offer, issued between February 15 and March 1 on
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