Reprivatization

‘Re-privatisation,’ as it is called, has, however, been under way in the cases of all three banks. Some 40 per cent of the G.D. Bank’s holding of Deutsche-Disconto shares had passed back into private hands by the end of 1935. The new advance of bank shares to above par ought to smooth the way for complete ‘re-privatisation.’

POLITICAL OBSTACLES The process of nationalization and reprivatization went amazingly well in Sweden partly because it was remarkably free of political interference.