Deutsche Bank transfers risk on portfolio of green mortgages


LONDON: Deutsche Bank AG has entered a capital relief deal with the European Investment Bank (EIB) that allows the German lender to grant discounts on more than €600mil of green mortgages in its home market.

The agreement is the latest sign that capital relief products are increasingly being viewed by the finance industry as a way to strike more green deals against a backdrop of tougher regulations and stiff competition.

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