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Commerzbank sells $1 billion in bad Spanish property loans – Reuters

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Commerzbank sells $1 billion in bad Spanish property loans
Reuters
Since the beginning of 2013, the bank has halved the volume of non-performing loans in its Spanish commercial real estate portfolio from about 2 billion to roughly 1 billion, Commerzbank added. Commerzbank in 2012 decided to wind down its mortgage unit ...
Commmerzbank Sells $960 Million of Spanish LoansBloomberg
Commerzbank Sells Spanish LoansWall Street Journal
Commerzbank Unloads Bad Spanish Property LoansWorld Property Channel

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