ITALY'S BNL SIGNS ACCORD WITH TWO SOVIET BANKS
State bank Banca Nazionale Del Lavoro,
BNL, said it signed a joint venture accord with the Bank for
Foreign Trade of the USSR and the State Bank of the USSR in the
financial services field.
    BNL said in a statement that the banks will provide a broad
range of corporate finance services for joint Italian-Soviet
industrial ventures. The bank said it is studying the formation
of a jointly owned company with the Soviet banks.
    Earlier today, state bank Banca Commerciale Italiana, BCI,
said it and Mediocredito Centrale will sign a financial
services joint venture with Soviet banks Gosbank and
Vneshtorgbank.
 REUTER
