PropertyEU

Commerzbank, HSH Nordbank line up for rescue funds

By A staff reporter 2008-11-05T00:00:00

Commerzbank, Germany's second-largest bank, has said it will seek EUR 8.2 bn in cash and EUR 15 bn in funding guarantees from SoFFin, the stabilisation fund established by the German government in response to the turmoil in the global banking sector.

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