Helaba packages loan portfolio into fund for external investor

Helaba, a German state bank, has securitized a portion of its loan book into a fund and sold it to an international investor, marking its entry into the credit fund sector three years ago. This move reflects a growing trend of banks transferring credit risk to external investors, potentially freeing up capital. The specific size and terms of the transaction are undisclosed, and the impact on Helaba's balance sheet remains uncertain.