Yesterday, Germany-based DePfa group was split into two listed institutions: a public finance bank a

The newly-created, Ireland-based DEPFA BANK PLC (not rated) will act as the parent company for the public finance bank. It is planned that 100%-owned DePfa Bank Europe PLC, which specializes in international public sector finance, will be merged into DEPFA BANK PLC in the third quarter of 2002.

The newly-created, Ireland-based DEPFA BANK PLC (not rated) will act as the parent company for the public finance bank. It is planned that 100%-owned DePfa Bank Europe PLC, which specializes in international public sector finance, will be merged into DEPFA BANK PLC in the third quarter of 2002.

(source: HRE)

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