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Europe Daily Bulletin No. 7916

5 March 2001
Contents Publication in full By article 48 / 53
ECONOMIC INTERPENETRATION / (eu) banking

CETELEM, subsidiary of PARIBAS specialised in consumer credit, has announced the purchase of a 70% stake in WKV, subsidiary of the German group DRESDNER BANK, for an undisclosed amount. WKV will be renamed CETELEM BANK GMBH and DRESDNER will retain a 30% stake.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENTS