Oct 25, 2006 17:38
18 yrs ago
3 viewers *
Croatian term

...od...

Croatian to English Bus/Financial Finance (general)
Please could a native speaker confirm whether od in this case translates as by or from.

Sve delegacije smatraju da je zastita potrazivanja banaka OD Glavne Banke po osnovi deponsirance devizne stednje bespredmetna.

...consider that protecting the banks' debts from or protection of the banks' debts by the Glavna Banka on the basis of ....

Da li moze neki nositelj jezika kao maternji razjasniti koji bi prevod bio najbolji.

Hvala Vam

Simon
Proposed translations (English)
3 See below...

Discussion

PoveyTrans (X) (asker) Oct 25, 2006:
Due to confidentiality I wrote Glavna Banka instead of the actual banks names but this is also capitalised.

Unfortunately this sentence sits in splendid isolation in the text but the area under discussion is how to deal with foreign currrency deposits made by Yugoslav do raspada Federacije and how to distribute them amongst the succession states...

Nadam se da ce to pomoci...Hvala!
Mira Stepanovic Oct 25, 2006:
Tough one... I think that the original sentence is not precise, i.e. it could be both by or from.
Ana Kardum Oct 25, 2006:
The whole sentence is not exactly best formulated and clear. What is "Glavna Banka" and why it has been capitalised? That would certainly help... Thanks!

Proposed translations

1 hr
Selected

See below...

I don't think it's either from or by.

... are of the opinion that protecting the banks' claims against Glavna banka on the basis of their foreign currency savings deposits (with)...

In other words, "Glavna Banka" owes money to "the banks", and a third party, such as the National Bank, is expected to guarantee repayment of this debt on the grounds that the banks have deposited foreign currency savings with said third party.

Usually "potraživanja OD nekog" means "outstanding claims AGAINST somebody" i.e. "somebody's owes money" to whoever.

Hower It's hard to say anything definite without enough context.


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Note added at 9 hrs (2006-10-26 03:00:11 GMT)
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In light of this new piece of information, this probably means that the delegations of the former Yu republics believe that there is no point in commercial banks trying to get the "Glavna Banka" (of the former SFRJ, I guess) to repay its debt to them, that debt being ("po osnovu") their foreign exchange deposits with the "Glavna Banka". (Commercial banks were obliged to deposit a percentage of their own depositors' savings with the "Glavna Banka" - obavezne rezerve.)

Does this explanation fit in?
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Fits in exactly. Thanks."
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