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Article: CROATIA: BANK SCANDAL HITS CROATIAN COALITION.(Istarska Banka)(Brief Article)(Statistical Data Included)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- March 29, 2000
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Istrian political leader Ivan Jakovcic said that his Istrian Democratic League (IDS) may leave the governing coalition if the government lets Istarska Banka go under, AP reported on 27 March. National Bank Governor Marko Skreb recently decided to appoint a "temporary administrator" for prosperous Istria's leading bank, citing "significant irregularities" in its activities. Skreb's move led depositors to stage a run on the Istarska Banka's offices, in which they withdrew $6 million. Skreb is under pressure from the IDS and its supporters to resign, but ...