Bank Dispute between Croatia and Slovenia Reappears

People ♦ Published: January 22, 2014; 16:20 ♦ (Vindobona)

Last year Slovenia was ordered in the first instance to pay back the foreign currency deposits of LB’s former affiliate in Sarajevo.

Bank Dispute between Croatia and Slovenia Reappears / Picture: © NLB

Despite Slovenia and Croatia having signed a memorandum in March last year specifying that all court cases should be delayed until the issue of Slovenian former bank LB have been solved Municipal Court in Zagreb has now rules against two Slovenian banks.

At the end of last November the dispute between the two countries seemed to have reignited since damaged savers of LB, who have…