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Europe Daily Bulletin No. 8006

14 July 2001
Contents Publication in full By article 45 / 48
ECONOMIC INTERPENETRATION / (eu) banks

The Spanish Banking group BBVA - BANCO BILBAO VIZCAYA ARGENTARIA announced the sale of BBVA-MAROC (own funds of EUR 14.8 million on 31 December 2000), its Moroccan subsidiary to the Moroccan banking group WAFABANK. This operation, for which no financial details have been disclosed, allows BBVA to increase from 8,11% to 10% its stake in the WAFABANK.

Contents

THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION