press release
17/07/2006

Dexia has decided not to bid on the Romanian bank CEC

Dexia has informed the Romanian authorities that it finally will not take part in the privatization process, in spite of the interest which CEC represents.
 
Given the current proceedings, this decision will not generate further comments at this stage.
 
However Dexia says Romania remains, thanks to its growth potential and its imminent admission in the EEC, a very promising market, especially in its Public/Project Finance business. This market will be developed directly through Dexia¿s office in Bucharest.