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Image header Agence Europe
Europe Daily Bulletin No. 7918
Contents Publication in full By article 37 / 48
ECONOMIC INTERPENETRATION / (eu) banking

According to the Belgian daily, Le Soir, the Franco-Belgian group DEXIA has formed an alliance with the Belgian group ARTESIA BANKING CORPORATION in view of assimilating their businesses. The union of the two entities would give rise to Belgian's largest banking group, after FORTIS BANQUE, but ahead of KBC. Made up of three pillars, ARTESIA, BACOB and LAP, ARTESIA BANKING CORPORATION is owned to the tune of 99.6% by ARCOFIN and had a net consolidated profit in 1999 of 188 million euro, with...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION