Corealcredit repays SoFFin guarantees ahead of schedule

Commercial real estate lender Corealcredit Bank said on Monday that it has repaid all its bonds guaranteed by the German Financial Market Stabilisation Fund (SoFFin) ahead of schedule. The remaining guarantee funding provided by SoFFin was also returned in full, the bank added, making it the first German bank to make a repayment following the outbreak of the credit crisis.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories