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PBB closes €3.7bn in new lending in contributing to €81m six-month pre-tax profit

Deutsche Pfandbriefbank (PBB) wrote €3.7bn of new commercial real estate loans over the first half of the year which contributed to an overall 6% net growth in the bank’s loan book to €23.5bn.
By James Wallace
August 14, 2014 | 7:00 P.M.

PBB has been without a CEO for almost two and a half months after Manuela Better quit over the German government’s intervention over the agreed 320m sale of Depfa Bank to Leucadia and Massachusetts Mutual in May.

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