Goran Aleksić of SNAGA speaks to reporters (Photo: Patrik Macek/PIXSELL) Goran Aleksić of SNAGA speaks to reporters (Photo: Patrik Macek/PIXSELL)

The Croatian Bankers' Association issued a statement on Tuesday expressing concern over the allegations of unethical conduct against one of its members.

“The Croatian Banking Association and its members have always adhered to the highest ethical standards and respected the independence of all institutions. Any possible unlawful actions on the part of one of its members must not elicit distrust towards all 18 banks that are members of our association,” the statement said.

Speaking at the SNAGA press conference in Parliament today benčić bite legal scholar and Council of Europe expert Sandra Benčić said banks coordinate their activities through the Croatian Bankers' Association.

“It is possible - we don't know for sure - but it is possible that they coordinated their activities towards the judiciary and we want prosecutors to investigate," Benčić said.

The head of Croatia's central bank, Boris Vujčić, said the bank would conduct a review of Reiffeisen Bank's activities and take appropriate measures. Franak activist and SNAGA MP Goran Aleksić is skeptical the probe will have any effect.

"This is just a formality. Mr. Vujčić and all the people at the central bank knew for a long time that banks in Croatia were breaking the law and contracting illegal interest rates. They say they will take action just to fulfill the formality, but the result will be nothing,” Aleksić said."

The President of the Constitutional Court, Miroslav Šeparović, denies banks applied any pressure on the court.