Heta to exit Bosnia this year

Heta Asset Resolution, the “bad bank” of Austria’s dissolved Hypo Alpe Adria, is pulling out of Bosnia after selling off the bankrupt lender’s assets in the country. Heta closed out of Serbia in December and will next turn to Montenegro, where its assets will be liquidated. Heta sold off 90 percent of the bank’s assets by the end of 2019 and plans to complete the job by May, according to local news