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BayernLB retreats from Asia

11 December 2008

Restructuring forces BayernLB to pull out of Asia and focus on core markets and clients.

Read more: BayernLB sme exporters middle market hong kong mumbai shanghai beijing exporters trade finance

In response to the rising challenges of the global financial markets, BayernLB is undertaking an extensive programme of restructuring and downsizing.

The bank's priorities are now to focus on Bavaria, Germany and selected regions of Europe, specifically on the core customer segments: middle market, major customers including institutional...

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