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NORD/LB initiates next phase of Group transformation

26.09.2018 – The NORD/LB Group restructuring is entering the next phase. In November the Bank will initiate a further wave of voluntary staff reductions as part of its One Bank transformation programme. By streamlining internal lending processes and management support functions, some 430 posts are to be eliminated Group-wide by the end of 2020. As a result of the synergy effects achieved through the merger with the former Bremer Landesbank in the first phase that began in 2017, another 420 positions are being cut – primarily at the Bremen and Oldenburg locations.

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Further press releases

>30.08.2018 – NORD/LB closes first half of the year with profit

>02.08.2018 – Financial close of EUR 100m construction bridge financing Don Rodrigo Solar Park in spain

>25.07.2018 – NORD/LB finances solar farm in Hiroshima

>06.07.2018 – NORD/LB with bond issue for the European Union

>14.06.2018 – NORD/LB wins gold again at Partnerships Awards

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