The Eurohypo business division CRM Global Restructuring pools the employees, loan books and locations in those countries that are no longer considered to be our core markets. Above all, restructuring measures include reducing risk-weighted assets, achieving an improved risk/return profile and simplifying organisational processes. The term "Global Restructuring" should be taken literally, given that the new unit's area of responsibility extends from Mexico to Japan.

Two departments are intensively involved in managing the lending portfolio, with the aim of systematically reducing the loan book volume and implementing lending conditions in line with the current risk situation. A third department will manage the use of capital and resources, develop processes and provide support to the 17 offices located abroad.

In particular, Global Restructuring will oversee the integration of front and back offices. By combining our core expertise in customer care, loan processing and risk management in this way, we believe our bank will not only achieve efficiency gains but also make long-term cost savings.