Hypo RE sells EUR 4.27 bn loans to ING

By A staff reporter 2007-08-07T00:00:00

Hypo Real Estate Bank has agreed to sell a German real estate financing portfolio worth EUR 4.27 bn to INGDiBa, a German unit of ING Group. The portfolio comprises 53,300 performing loans of approximately 39,000 borrowers. The loans comprise mainly residential financing with a maximum sum of EUR 1 mln ...

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