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TWO GREEK BANKS TO BID FOR BULGARIA'S DZI BANK
Greek EFG Eurobank and Alpha Bank would bid for Bulgaria's DZI Bank. EFG Eurobank possessed Bulgaria's Postbank. The other bidders were Belgian KBC and Hungarian OTP. Austrian Volksbanken also applied for the tender but withdrew its submission.
DZI's price could reach from 150 to 200 million euros.DZI was 11th in the Bulgarian banking system with a three percent market share. DZI had total assets worth euro 600 million.
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