investment

Commerzbank’s Polish Unit Turns to UniCredit for SRT Deal

Esteban Duarte, Arno Schuetze

1 min read

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⚡ Quantum Brief

Commerzbank’s Polish subsidiary, mBank, is negotiating a significant risk transfer (SRT) deal with UniCredit for a commercial real estate loan portfolio valued at approximately €1.2 billion ($1.4 billion). The transaction remains in early-stage discussions, with key details like final size and timing still subject to change, according to unnamed sources familiar with the matter. The deal focuses on mitigating exposure to commercial real estate loans, reflecting broader risk management strategies amid evolving market conditions in Poland’s banking sector. UniCredit’s involvement signals cross-border collaboration in European financial risk transfers, highlighting growing partnerships between major lenders in managing loan portfolios. The private nature of the talks suggests sensitivity around the deal’s structure, with both banks likely assessing regulatory and financial implications before finalizing terms.

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000An mBank branch in Warsaw, Poland.Commerzbank AG’s subsidiary in Poland is working with UniCredit SpA on a significant risk transfer linked to a portfolio of commercial real estate loans.mBank S.A. is considering a potential transaction tied to the equivalent of around €1.2 billion ($1.4 billion) of loans, according to people familiar with the matter who asked not to be identified because the discussions are private. The transaction is still at an early stage so elements such as the size and timing could change, the people said.

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Source: Bloomberg Markets

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