SARAJEVO, April 20 Croatia's competition
regulator AZTN has approved the sale of Splitska Banka by
Societe Generale to the local unit of Hungary's OTP
Group, increasing OTP's market share in Croatia to
over 10 percent.
The regulator said the bank would be the fourth biggest in
Croatia and would increase the competitive pressure on other
"Increased competitive pressure could lead to a drop in the
average interest rate in the market, resulting in lower interest
rates for end users throughout Croatia", AZTN added.
(Reporting by Maja Zuvela)