Helaba generates €6bn in new real estate business


Helaba issued €6.0bn in real estate loans during the first three quarters of this year. This is slightly less than last year when the Hesse-based bank had issued loans for €6.5bn through September. Segment EBT fell by €21mn to €185mn. The balance of risk provisions in the real estate business remains slightly positive at €3mn, similar to last year (€5mn). At the group level, Helaba generated a consolidated EBT of €364mn, slightly below the previous year’s result of €381mn.

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