Second Hearing In Case Against Ljubljanska Banka On Wednesday
Ljubljana, 17 November - LJUBLJANSKA/BANKA/LAWSUIT/CROATIA
The Zagreb Trade Court will continue hearings in a case of Privredna banka Zagreb (Zagreb Commercial Bank) vs. Ljubljanska banka (Bank of Ljubljana) and Nova Ljubljanska banka (New Bank of Ljubljana). Croatia's Privredna banka has pressed charges against both Slovene banks for the return of DM 110 million it took over from foreign currency savers of Ljubljanska banka's main subsidiary in Zagreb on the basis of Croatian regulations stipulating transformation of the old foreign exchange savings to Croatia's public debt.
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