Aareal Bank targets €7.5bn of new lending in 2016

Aareal Bank is targeting €7 billion - €8 billion of new lending business in 2016 after originating €9.6 billion in 2015, and also plans to step up loan distribution. The €9.6 billion lent last year is down on 2014‘s €10.7 billion, but it was substantially ahead of the bank’s target forecast of €6 billion - €7 billion.