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Europe Daily Bulletin No. 7741

21 June 2000
Contents Publication in full By article 31 / 43
ECONOMIC INTERPENETRATION / (eu) banks

CSOB - CESKOSLOVENSKA OBOCHODNI BANKA, the Czech subsidiary of the Belgian Flemish financial group KBC, has acquired the third largest Czech bank (including assets and liabilities) IPB - INVESTICNI A POSTOVNI BANKA, which is on the brink of bankruptcy. IPB (180 agencies, 3 million clients and a 20% market share in the deposit field), of which about 46% has belonged since March 1998 to the Japanese group NOMURA, was placed under the guardianship of the Czech national bank at the end of last...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT