Financial communication from NORD/LB
Welcome to our Investor Relations pages.
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: Restructuring of the bank on track
- Special effects burden earnings in the first quarter
- Net interest income rose, administrative expenses continue to fall
- Corona pandemic will have a significant impact on annual results
In the first quarter of 2020 NORD/LB Norddeutsche Landesbank achieved a loss before taxes of 65 million euros. The consolidated loss is minus 71 million euros. The decisive factors for the negative result were the ac-counting of the bank levy for the full year 2020, fees for portfolio guarantees and valuation effects in the course of the Corona pandemic. In the first three months of the previous year, the bank had generated a pre-tax profit of EUR 65 million.
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.
NORD/LB Investor Relations
27 August 2020
Publication Half-Year Report 2020
End of November 2020
Publication figures as at 30 September 2020
Investor Relations News
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