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CommentMarch 3 2010

Right places, Right time

Deutsche Bank (l-r): Gilles Ohana and Reinout KoopmansWhen it decided to sell a slice of copper miner KGHM, Poland's government turned to Deutsche Bank, hoping that it would give the deal a more international approach as well as getting the timing of a potentially delicate deal just right. Writer Edward Russell-Walling
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Right places, Right timeDeutsche Bank (l-r): Gilles Ohana and Reinout Koopmans

Poland is the shining light, relatively speaking, among central and eastern European markets right now. It is the only country in Europe to have escaped recession since the start of the financial crisis, but that does not mean its finances are in especially good shape. So the government has turned to privatisation to replenish its coffers, and Deutsche Bank has been helping it to adopt a more international approach to asset sales.

Given that Germany and Poland are next-door neighbours, it is no surprise that Deutsche is the most active foreign bank in Poland, with the possible exception of Citibank. It has a presence across the board, in retail, corporate and investment banking, fund management and property.

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