Commerzbank said it has repaid 10 bln EUR LTRO

FRANKFURT Wed Jan 30, 2013 8:39am EST

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FRANKFURT Jan 30 (Reuters) - Germany's second biggest lender Commerzbank on Wednesday said it had repaid 10 billion euros ($13.48 billion) raised in the first Long-Term Refinancing Operation (LTRO) by European Central Bank (ECB).

In December 2011 the Commerzbank subsidiary Hypothekenbank Frankfurt (at that time Eurohypo) had participated in the ECB tendering process. ($1 = 0.7420 euros) (Reporting By Edward Taylor)