CNB Council: CNB issues an approval to J&T banka to acquire a qualifying holding in Centar banka

Published: 2/9/2013

At its session held on Monday and chaired by the Governor, Dr. Boris Vujčić, the CNB Council issued a prior approval to the Czech J&T banka for the acquisition of a qualifying holding in Centar banka d.d. Zagreb, accounting for over 50 percent in the latter's initial capital. The approval was issued at the request of J&T banka submitted on 30 August 2013 and complemented on 2 September 2013 and was granted on the condition that J&T banka injects additional capital to Centar banka, in line with a decision adopted at the Centar banka's general meeting held on 16 August 2013.