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Commerzbank’s loan book shrinks to €42bn including €5.9bn of NPLs

Commerzbank’s legacy predominantly European commercial real estate loan book has shrunk to €42.6bn following the sale of the €5.0bn former Eurohypo UK loan book, including €5.9bn worth of non-performing loans (NPL).
By James Wallace
August 8, 2013 | 7:15 P.M.

In the bank’s interim results published this morning, Commerzbank reported that the remaining 36.7bn performing property loan book includes: 19.2bn of German loans, 3.4bn of Spanish loans, 2.7bn in French loans, 2.1bn of Italian loans, 1.7bn of Portuguese loans and 1.3bn in US loans, with the balance spread across Central and Eastern European markets.

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