In setting up a branch office in Paris, Helaba Landesbank Hessen-Thüringen is expanding its activities in the French market. The branch had already started its business at the beginning of the year. Before this, Helaba had been successfully servicing multinational corporations, banks and insurance companies that had head offices in France since 1995.
"Through the branch office, Helaba can utilize the market potential for the Bank's core business fields to the fullest extent and offer financing solutions for corporate and real estate customers," according to Hans-Dieter Brenner, Helaba's CEO. "Thanks to our many years of experience in this area, Greater Paris today offers a market just as attractive for real estate lending as it is for corporate finance transactions and the issuing of promissory note loans."
In the centrally located office rooms of Helaba Paris in the Champs-Elysées nine employees are currently working. The branch managers are Eric Pfeiffer, in charge of capital market business and Roland Fuchs, for real estate lending activities. Corporate customers are likewise serviced directly on the spot under the leadership of Dr. Michael Lamla. The official opening of the branch will take place on May 28, in the German Embassy.