German Landesbank Helaba (Hessen-Th眉ringen) is expanding its activities in the French market with a new office on the Champs-Elysees in Paris. The bank has been active in real estate lending in the country since 1995.
German Landesbank Helaba (Hessen-Th眉ringen) is expanding its activities in the French market with a new office on the Champs-Elysees in Paris. The bank has been active in real estate lending in the country since 1995.
'Through the branch office, Helaba can utilise the market potential for the bank's core business fields to the fullest extent and offer financing solutions for corporate and real estate customers,' said Hans-Dieter Brenner, Helaba's CEO. 'Thanks to our many years of experience in this area, Greater Paris today offers a market just as attractive for real estate lending as it is for corporate finance transactions and the issuing of promissory note loans.'
The new office will house a nine-strong team including Eric Pfeiffer, in charge of capital market business and Roland Fuchs, responsible for real estate lending activities. The official opening of the branch will take place on May 28, in the German Embassy.
With about 6.000 employees and total assets of EUR 180 bn, Helaba is one of Germany's leading regional banks. In Germany, Helaba has two head offices in Frankfurt am Main and Erfurt, and two real estate offices in Berlin and Munich.
