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BayernLB's Property Lending Business Swings to €12 Million Loss in First Half

German Bank Sees Increased Risk and Boosts Buffers
BayernLB's chief executive Stephan Winkelmeier. (BayernLB)
BayernLB's chief executive Stephan Winkelmeier. (BayernLB)
By Thomas Daily, Bert Erik ten Cate
August 18, 2023 | 9:34 AM

German bank BayernLB has posted a €12 million loss for its property lending business during the first half of this year.

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