NORD/LB has achieved a respectable first half-year result
- Earnings before taxes grew to € 180 million in the first half-year
- Administrative expenses were reduced considerably
- Total assets continued to shrink
- Implementation of capital measures by the end of the year
NORD/LB Norddeutsche Landesbank realised earnings before taxes of € 180 million
in the first half-year of 2019. The consolidated profit after taxes was € 149 million.
The bank was able to further improve the consolidated profit of € 54 million earned
in the first quarter. There was also a significant increase in profit as compared to the
first half-year of 2018 (1H 2018: € 54 million).
The Consolidated Financial Statements as at 30 June 2019 is available for
download at the following link.
NORD/LB: The North German way.
NORD/LB is northern Germany‘s foremost universal bank. Some of its
divisions can already look back on a history spanning almost two and
a half centuries. Nevertheless, our company remains young in terms
of how it thinks and acts. Discover who we are and what we represent.
We will support you in securing
your entrepreneurial future.
NORD/LB’s individual financial concepts open up
new prospects for medium-sized companies.
As a corporate customer, we view you as a partner and,
accordingly, will provide you with reliable advice from a single source.
Our most vital resource -
Since the mid 1990s, NORD/LB has successfully structured and
executed a large number of renewable energy projects across
the world. Today, NORD/LB is one of the leading banks in financing
renewable energies worldwide.
NORD/LB – your competent partner
for Infrastructure projects.
We have been actively financing infrastructure projects for over 20 years,
with a particular emphasis on the social infrastructure market.
Our technical expertise, combined with our focus on customer service,
make us an excellent partner.
Benefit from our access to money
and capital markets.
Nord/LB offers access to the money and capital markets for institutional
investors, savings banks and regional banks and aids issuers in the
placement of issues.
It develops individually tailored financial market solutions for:
Your partner for investment-type
products and financial solutions.
For 25 years, we have been working successfully as consultants and
financiers for businesses in the residential property sector, and today
we are among Germany’s leading financiers.
With detailed market knowledge and investment-type products,
we develop tailored, innovative financial solutions for you.