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2 southern German lenders merge

Membersof RaiffeisenbankEhingen-Hochsträß eG approved its proposed merger with ,which will be effective retroactive to Jan. 1.

Membersof Raiffeisenbank Dellmensingen — which will be the name of the new institution— had already approved the merger, Raiffeisenbank Ehingen-Hochsträß said July 7.

Thelender is based in southern Germany.