DZ Bank cleans up legacy tier ones

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DZ Bank cleans up legacy tier ones

Tyler Davies
January 13, 2021 12:00 PM
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25 August 2020, Hessen, Frankfurt/Main: Flags with the inscription "DZ Bank - Die Initiativbank" are hanging in front of the office tower "Westend 1", also known as the "Kronenhochhaus", which belongs to the headquarters of DZ Bank. The Deutsche Zentral-Genossenschaftsbank (DZ Bank) presents figures for the first half of 2020 on 28.08.2020. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

DZ Bank said this week that it will redeem eight tier one bonds issued out of special purpose vehicles, in preparation of the EU’s Capital Requirements Regulation transition period ending.

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Bank CapitalGermanyEuropeDZ BankRegulatory CapitalEMEAFIG
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Tyler Davies
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