BERLIN, March 20 (Reuters) - Silicon Valley Bank
(SVB) has been granted permission to conduct its
lending business through its German branch SVB Germany, German
financial regulator BaFin said on Tuesday.
Last week, BaFin had imposed a moratorium on the German
branch in the wake of Silicon Valley Bank's demise and noted the
branch had "no systemic relevance".
(Writing by Friederike Heine, Editing by xx)
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