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Croatia’s ESB Shelves Plans for up to 50 Mln Euro Bond

23.3.2012 17:10:00 | Author/Source www.seenews.com

Croatia’s Erste&Steiermaerkische Bank (ESB) said on Friday it has decided to shelve plans for the issue of up to 50 million euro ($65.9 million) in subordinated bonds. The decision is temporary and comes in response to the current market conditions, ESB said in a statement posted on the website of the Zagreb Stock Exchange.

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