Financial communication from NORD/LB
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Here you will find current and historical information on all aspects of the NORD/LB Group as well as our annual and interim reports. If you need further information or have any questions, the Investor Relations team is at your service.
NORD/LB reports profit for first nine months
- Nine-month results before taxes and restructuring amount to € 195 million
- One Bank transformation programme bearing fruit: administrative expenses fall by 11 per cent
- Consolidated profit for the whole of 2018 likely to be negative
NORD/LB Norddeutsche Landesbank generated earnings before taxes and restructuring expenses of € 195 million in the first nine months of 2018. In the previous year, nine-month results were still dominated by extraordinary income from securities transactions and stood at € 436 million. Figures from the previous year can only be compared to a limited extent due to the introduction of the new IFRS 9 accounting standard. Consolidated profit after taxes stood at € 64 million after the first nine months.
We provide you with condensed information about your profit/loss and balance-sheet figures and important performance indicators.
Alongside NORD/LB, the NORD/LB Group also includes the Norddeutsche Landesbank Luxembourg S.A. and the Deutsche Hypothekenbank AG as key institutions.
Ratings agencies have been rating companies, banks and local authorities around the world for over 100 years. Thanks to our good rating, NORD/LB is one of the most sought-after addresses in the issuing business.
Refinancing via capital markets is an important component of the NORD/LB Group's overall financing strategy. For this reason NORD/LB has been closely involved with the capital markets for a long time both as a regular issuer domestically and also through its permanent presence and regular borrowing on the international financial markets.
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