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Europe Daily Bulletin No. 8090

14 November 2001
Contents Publication in full By article 30 / 40
ECONOMIC INTERPENETRATION / (eu) banking

The German public bank for reconstruction, KFW - KREDIT FUR WIDERAUFBAU (220 bn in assets and 2.000 staff), held to the tune of 80% by the Federal State and 20% by the Laender, has bought a 32.2% stake in the private bank IKB DEUTSCHE INDUSTRIEBANK (assets of close to 35 bn euro with a staff of 1,300) from the German insurance and reinsurance groups ALLIANZ and MUNICH RE. KFW and IKB intend forming a strategic alliance specialised in their loans sector to small and medium-sized German firms....

Contents

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