Hypo RE gets extension on EUR 30b guarantees, seeks extra aid

Germany's Hypo Real Estate said on Tuesday it has received an extension from SoFFin, the German financial market rescue fund, on EUR 30 bn of government aid. The bank, which received a EUR 50bn lifeline fro the German government in October, also said that negotiations with SoFFin regarding more extensive and longer-term liquidity and capital support measures for the group are continuing.

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

Events

Latest news

Best read stories