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12. February 2003 - Wednesday |
Three Serbian banks to be privatized by end of year
NOVI SAD - Serbian Minister of Finance and Economy Bozidar Djelic said in Novi Sad on Wednesday that the Novi Sad, Continental and Jubanka banks would be
privatized by the end of the year.
These are three out of nine commercial banks in which the state became the majority owner, on the basis of conversion of debt towards the London and Paris Clubs. Djelic said that the three banks were more prepared for
privatization than the others.
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