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Helaba suffers from low interest rates

Even with financial losses due to the low-interest phase, Helaba Landesbank Hessen-Thüringen considers itself to be on the right track towards a satisfactory year-end result. Helaba CEO Herbert Hans Grüntker explains: “However, it becomes more and more difficult to compensate the effects of the zero-rate, respectively negative-interest phase." In the…

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