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Friday, 26 September 2008

Islamic bank BBI wants to enter Croatia

Source: Pioneer-Investors.com

The Croatian National Bank states that conditions for founding or taking over a bank in Croatia are defined in detail by the law and apply to all founders equally.

An Islamic bank Bosnia Bank International wants to make a breakthrough to the Croatian market, where it would adjust its operations to the existing legislation, bank’s general director Amer Bukvic confirmed. He said they would probe the Croatian market and then decide on the way of founding a bank and its operation. Bukvic noted that double taxing in Croatia was a big problem for BBI. The Croatian National Bank states that conditions for founding or taking over a bank in Croatia are defined in detail by the law and apply to all founders equally.


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