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First Bank to be taken over by Intesa Sanpaolo Bank

The Competition Council authorized the transaction by which Intesa Sanpaolo SpA intends to take over First Bank, according to a press release from the competition authority.According to the institution, Intesa Sanpaolo SpA is active mainly in the financial-banking field, being the parent company of the Intesa Sanpaolo group. The Intesa Group is present in Romania through its Romanian subsidiary, Banca Comerciala Intesa Sanpaolo Romania.First Bank is a credit ...

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