EU lifts ban on two remaining banks on bond sales



BRUSSELS, July 2 (Reuters) - The EU Commission said on Friday it has lifted the ban on two remaining banks previously excluded from syndicated debt sales backing the European Commission's up to 800-billion-euro ($947.92 billion) COVID-19 recovery fund.

The commission said in an emailed statement it had "lifted the suspension on the remaining 2 banks from its Primary Dealer Network", though it did not name the banks.

In June, the commission had banned 10 of the bloc's biggest primary dealers from working on a bond deal backing its recover fund in relation to past breaches of antitrust rules.

While eight of the ten banks were swiftly re-admitted, another two - identified by sources as Natixis and NatWest NWG.L had to await further assessment.

($1 = 0.8440 euros)
Reporting by Foo Yun Chee in Brussels, writing by Karin Strohecker; editing by Thyagaraju Adinarayan

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