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Headline: Czech Republic Source: Euromoney Date: July 2001 Best bank: CSOB Best debt house: Commerzbank Securities Best equity house: Wood&Co Best MA: Patria After initial reluctance to sell its banks to foreign owners, the government started to privatize the biggest banks in 1999. Belgian bank KBC took control of CSOB in June 1999. Austria’s Erste Bank bought the second-largest bank Ceska Sporitelna in March 2000 and Komercni Bank is well on its way to go to strategic investors within the next few weeks. |
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