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Image header Agence Europe
Europe Daily Bulletin No. 7926
Contents Publication in full By article 39 / 47
ECONOMIC INTERPENETRATION / (eu) banking

HVB - HYPOVEREINSBANK and BANK AUSTRIA, controlled by the German group, have merged their Polish subsidiaries BPH - BANK PRZEMYSLOWO HANLOWY (HVB) and PBK - POWSZECHNY BANK KREDITOWY (BANK AUSTRIA), giving rise to an new Polish entity with 600 branches, with over 2 million customers, 14,000 staff and a market share of 10%. Its total balance sheet will amount to over 11 bn euro. In addition, HVB is to sell its 75% stake in WESTHYP - WESTFALISCHEN HYPOTHKENBANK (total balance sheet of 36.8 bn...

Contents

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