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Banco Comafi gets central bank nod to absorb former Deutsche Bank Argentina ops

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Banco Comafi gets central bank nod to absorb former Deutsche Bank Argentina ops

Banco Comafi SA on Oct. 6 received approval from Banco Central de la República Argentina to absorb Banco BC SA, the entity formerly known as Deutsche Bank SA.

The bank acquired Deutsche Bank Argentina in June; following the acquisition, the unit was operating as Banco BC until the full merger was approved by all regulatory authorities.