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Image header Agence Europe
Europe Daily Bulletin No. 10410
Contents Publication in full By article 38 / 41
GENERAL NEWS / (ae) eu/competition

01/07/2011 (Agence Europe) - Mergers: RBI and EFG in Poland. On 30 June, the European Commission cleared the proposed merger of Raiffeisenbank Polska S.A (RBPL) and Polbank, subsidiaries of Raiffeisen Bank International AG of Austria (RBI) and EFG Eurobank Ergasias S.A. of Greece respectively. The Commission examined the impact of the merger, notified on 20 Ma y, on various banking and insurance markets in Poland and also potential overlaps between other companies belonging to RBI and EFG Ergasias in national markets wholly unrelated to those where RBPL and Polbank are active. It concluded that the transaction would not significantly impede effective competition in any of these markets. (F.G./transl.rt)

 

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
CALENDAR OF EVENTS