English Translation

et Absehrift/bi Berlin, Feb 15, 1943 Subject: Bank building Bucharest. TFL 1). The banks and credit institutions of the German People's Group in Romania do not yet have a sufficient and large building in Bucharest. The Hermannstädter Allgemeine Sparkasse and the Kronstadter Allgeer Sparkasse had a small branch in Bucharest, which were very subverted. The Banater Bankverein was represented by the branch of the Kronstädter Allgemeine Sparkesse. Since the merger of the Hermannstadter and Kronstätter Allgeneinen Sparkas- se, a merging of the two Bucharest branches could not yet be carried out due to lack of space. 0 When looking for a suitable building, nothing suitable could be found. The Romanian authorities are now pressing for the two branches to be merged, as these banks no longer exist at all in detail. Pür die volksdeutsche Banksgeschäfte selbst die Versammensung Arbeitstechnische und umführungsmäßig im- conditionally necessary Pinanzkóntoren, as a department of the Federal Foreign Office and the Reich Ministry of Finance, was informed during the Reichs- Wirtschaftsministerium, Banken Abt., about the building question in Bucharest the following: a) The Prague Kreditbank, branch Bucharest, is dissolved. b) The bank building can therefore be delivered for the national German banking business in Bucharest. c) The transfer takes place by Dresdner Bank, which takes over the Bucharest business of the Prague Kreditbank. d)The Reich Ministry of Economic Affairs agrees with the purchase price proposal of 80 million Lei in RM, which can be sent to the Prague Credit Bank. 3). The Dresdner Bank stated that it would be willing to hand over the bank building under these conditions at any time, but could not reach agreement with the Preger Kreditbank. 4) The Prague Kredit Bank declares that it is a) for fundamental reasons the Bank Building - 2 -