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. Last Updated: 07/27/2016

Poles OK Bank Venture

WARSAW () -- The National Bank of Poland, the central bank, has given the green light for Dresdner Bank AG and Banque Nationale de Paris BNP to set up a joint operation in Poland, an NBP official said Monday.

Jolanta Daniewska, head of the licensing department at the central bank, said the bank's president had recommended last week granting the joint venture an operating licence and had sent the banks' application for final approval to the finance ministry.