PropertyEU

Hypo merges Pfandbrief banks

By A staff reporter 2009-06-11T00:00:00

Hypo Real Estate (HRE) has taken steps to merge its two Pfandbrief banks - Hypo Real Estate Bank, Munich and DEPFA Deutsche Pfandbriefbank, Eschborn - following approval in early June from the AGMs of both companies. This week, the troubled bank made an official request for the merger at the ...

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