NORD/LB reports

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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 consol-idated 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).

Business Year 2015

In financial year 2015 NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 653 million, more than doubling the prior year’s result (€ 276 million). The same applies to the consolidated profit, which totalled € 518 million (prior year: € 205 million).

Contact

NORD/LB Investor Relations
Friedrichswall 10
30159 Hannover


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