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Europe Daily Bulletin No. 9225

5 July 2006
Contents Publication in full By article 38 / 44
ECONOMIC INTERPENETRATION / (eu) banking

The Hungarian bank OTP (gross profits of €146.3 million in 2005) has acquired the Russian banking grouped INVESTSBERBANK (pre-tax profits of €9.1 million, with €614.6 million in loans granted in 2004) for €373 million. It will control 96.4% of the Russian group.

Contents

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