Our website is aimed solely at persons resident in the Federal Republic of Germany. The products and services offered on the website are only available in Germany. Where the Final Terms of any financial instrument issued by NORD/LB indicate that such instrument is also intended for a public offering in the Grand Duchy of Luxembourg, the information related to such instrument is also aimed at interested parties headquartered or resident in the Grand Duchy of Luxembourg.

No offer, recommendation or investment advice

The information does not constitute investment advice, any other recommendation or offer for the purchase of securities or to make specific investments. This shall also apply where individual issuers or securities are mentioned. This cannot replace investment- and asset-related consultation tailored to the investor's individual circumstances. Please contact the relevant advisor at NORD/LB as required for an individual consultation.

No financial analysis

With the exception of some information presented in the "Economics and Strategy" section, the information contained on the website does not constitute a "financial analysis" in the context of the German Securities Trading Act and does not satisfy the statutory requirements for guaranteeing impartiality of financial analysis. The corresponding financial instruments are not subject to a trading prohibition prior to the publication of financial analyses. Opinions or recommendations reflect the view of the respective contributor and do not necessarily represent the opinion of NORD/LB or its affiliated companies. They may be changed without prior notice.

Origin, completeness and topicality of the information

Except for any NORD/LB Prospectus or the Final Terms of any financial instrument issued by NORD/LB the details and information contained on our website are based on public sources. The correctness, completeness and topicality of any information derived from such public sources has not been verified by NORD/LB. This also applies to all other websites that are referenced via hyperlinks.

Price information

The price information contained on these web pages is usually taken from the stock market information system by Thomson Reuters* but may also be calculated by NORD/LB itself. Due to the regulations in force at the respective stock exchanges or the respective provider of financial information, current securities prices or base values may be displayed with a time lag. NORD/LB accepts no liability for the accuracy of the price information and reserves the right to correct price information if required. Past performance is not a reliable indicator of the future development of a financial instrument or the respective base value of structured products.

*Please note Thomsons Reuters' branding guidelines in this context:

© 2017 Thomson Reuters. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. Thomson Reuters is not liable for any errors or delays in Thomson Reuters content, or for any actions taken in reliance on such content. Thomson Reuters and the Kinesis logo are trademarks of Thomson Reuters and its affiliated companies.

Time lag on information

Prices, news or other market and stock-exchange information displayed on this website are subject to a lag of at least 15 minutes unless otherwise indicated.

Transmission of legally binding declarations (confidentiality)

Please do not transmit to us legally binding declarations (such as bank transfers, securities orders, card blocking requests, debit entry requests or other key facts required for the business relationship) by e-mail but only via our online banking procedure, by telephone or in the traditional way. Apart from the web pages that are marked as secure, the confidentiality of data transmitted by e-mail is not guaranteed.

Usage rights

The content and structure of our website is protected by copyright. The copying of data, in particular the use of texts, extracts or images, requires prior authorisation. Users may only use the content provided in the functions offered for their personal use. They obtain no rights as to the content or programs. If software downloads are offered, the user's authorisation for use is limited to personal use in the scope of using the website. Links to our website may only be set with prior approval. We take no responsibility for representations, content or any connection with our Bank on third-party websites. The information contained on our website may not be changed, copied or transmitted to third parties without NORD/LB's prior written authorisation.

Trademarks, logos and images

The trademarks and logos used on the website are protected. These trademarks or logos may not be used without prior authorisation.

Special notice in the context of securities

Before acquiring the securities described on this website (referred to below as "Securities"), you should read the respective bond prospectus relating to the issue variant and risks associated with the securities as updated by supplements and, in the case of base prospectuses, including the respective final conditions (together referred to as the "Prospectus"). The Prospectus is available from NORD/LB Friedrichswall 10, 30159 Hannover. If you would like a copy, please let us know. Please note that from time to time NORD/LB buys or sells securities, commodities, futures contracts or options for hedging and other purposes, or maintains positions in them, that are identical to the Securities or are connected to them. This may affect the value of the Securities. NORD/LB may also be the calculation agent for base values and as such make determinations that affect the value of the securities. It is possible that NORD/LB pays commission to a sales partner in connection with the sale of a security. Such commissions prejudice an investor's potential earnings. Please contact us for more information on commission payments.


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