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    November, 12 123 banks were already ruined in the USA from the beginning of 2009, in 2008 - 26, in 2007 - only 3.

    September, 24 One of the largest Japanese banks Aiful Corp. to axe almost 2000 jobs (44%).

    June, 23 CEE Banking Sector Report: Total assets in CEE Banking sector grew 25 per cent in 2008 to €1,772 billion.

    May, 13 Citigroup uses almost $45 billion TARP Funds for Loans.

    May, 11 Bank of America is going to sell a 5.8% stake in China Construction Bank Corp. for about $7.3 billion.

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    De Nederlandsche Bank


    De Nederlandsche BankDe Nederlandsche Bank (DNB) is the central bank of the Netherlands. The Bank forms part of the European System of Central Banks (ESCB), but many banking supervisory rules are drawn up at the international level.

    The Bank shall hold and manage the official foreign reserves, and shall conduct foreign-exchange operations, collect statistical data and produce statistics, contribute to the definition and implementation of monetary policy within the European Community (EC), promote the smooth operation of payment systems, supervise banks, investment institutions and exchange offices.

    Headquarters:Amsterdam, Netherlands
    Address:Postbus 98
    1000 AB Amsterdam
    Telephone: +31 (0)20 524 91 11
    Founded:1814
    Site: www.dnb.nl
    ID: 1320. Updated: 20.01.2009

    Business and Financial News

    
    French Bank to Repay Government Bailout - 14.10.2009
    Crédit Agricole, the French bank, said Wednesday that it would repay the €3 billion of debt the government bought last December, becoming the latest big bank to pay back a bailout.
    Source: New York Times
    Up to 175,000 students still waiting for loans and grants - 09.10.2009
    Up to 175,000 students are still waiting for their loans and grants a week after university courses started, it emerged today.
    Source: Guardian.co.uk
    Card fraud in the UK falls by 23% - 08.10.2009
    The amount of money being lost through card fraud fell by 23% in the first half of the year in the UK, as criminals changed their strategies and prevention measures began to take effect, according to figures published today.
    Source: Guardian.co.uk
    The trend: large banks will acquire smaller banks - 18.09.2009
    KBW Inc., the New York-based boutique that advises financial institutions, expects 500 to 1,000 U.S. banks to fail by 2011, Chief Executive Officer John Duffy said.
    Source: Bloomberg
    Colonial Banc Group declares bankruptcy - 15.08.2009
    Colonial became the largest US bank to fail this year after it was declared bankrupt and had the bulk of its assets taken over by rival BB&T, the government banking insurer said Friday.
    Source: Agence France-Presse
    Fighting economic crisis in U.K. - 27.07.2009
    Current economic difficulties in U.K. were caused by global financial crises and have resulted into the following changes in the country's economy in 2007-2008:
    Source: BanksDaily.com
    The European Central Bank injects €442 billion into banking system - 25.06.2009
    The European Central Bank (ECB) allotted €442 billion to banks for 12 months, the biggest amount it has ever given in a single auction. The amount was more than most economists had expected.
    Source: RTTNews

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