Croatian governor turns away German bank

eljko Rohatinski, the governor of the Croatian National Bank, refused to allow a German bank to return to the country after its role in a crisis five years ago.

Bayerische Landesbank of Munich (BLB) had applied for a license to operate the Croatian branch of Hypo Alpe-Adria-Bank, an Austrian bank, which had acquired earlier in the year.

The decision was a personal one for the governor after the central bank's council had failed to reach the two-third's majority needed to either refuse or grant