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Erste Group to invest EUR400 million into Ukraine banking business
Journal Staff Report

KIEV, Oct. 1 - Erste Group plans to invest EUR400 million into the development of the banking business in Ukraine by 2010, Bank der oesterreichischen Sparkassen AG Board Chairman and Director General Andreas Treichl has said in an interview with Investhazeta newspaper.

"By 2010, we plan to increase our market share to 4% through crediting individuals. We plan to invest EUR400 million to fulfill these targets," he said.




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