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Aareal Bank enters into strategic partnership with UK based servicing company Mount Street

Aareal Bank AG has signed a Letter of Intent for a strategic partnership with the pan-European loan servicing firm Mount Street. The London-based company specialises in the servicing and credit management for commercial property in particular. The aim of this strategic partnership is to support Aareal Bank's credit and syndication processes - and thus further growth - particularly in the syndication business with banks and insurance companies with the help of Mount Street products. Within the scope of this strategic partnership it has also been agreed that Aareal Bank Group will examine the use of the innovative credit management software CLC (Clareti Loan Control) at Group level. Mount Street has developed CLC together with Gresham Technol[…]