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Company Statement: Erste Bank sells insurance operations for EUR 1,445m and signs 15 year distribution agreement with Vienna Insurance Group

( March 26, 2008, 23:59 GMT | Official Statement) -- ****************************************Erste Bank to sells Versicherung and its CEE insurance subsidiaries as well as the insurance subsidiaries of BCR to Vienna Insurance Group (VIG). Erste Bank or its respective CEE banking subsidiaries will retain a 5% share in each of the local life insurance companies...

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