End of privatization of Vojvođanska banka in third quarter of 2006

Privatization of Vojvođanska banka will be, most likely, ended in the third quarter of this year and the new owner will, most probably, find even better balance on the account than it is at the moment. We expect that the relations with the clients, on the basis of foreign obligations towards Paris’ and London’s Clubs of Creditors, IFC and EBRD, will have been regulated until that time, which will additionally increase the capital of our bank for few billions of dinars – said Zoran Radonjić, director general of Vojvođanska banka.

(Zoran Radonjić)