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Despite restructuring and Corona impacts - NORD/LB with balanced annual result in 2020

25.03.2021 – NORD/LB Norddeutsche Landesbank closed the 2020 financial year with a consolidated profit after taxes of € 25 million. Earnings before taxes were € -13 million. In order to be prepared for possible consequences in connection with the Corona pandemic, the bank has significantly increased its risk provisioning in the 2020 financial year. At the same time, NORD/LB has continued to restructure the Group and has achieved important interim targets.

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Further press releases

>04.03.2021 – Andreas Rehfus and Christian Veit leave Deutsche Hypo and hand over management to Frank Schrader

>03.03.2021 – Rüdiger Fuhrmann retires

>15.12.2020 – Günter Tallner to leave NORD/LB at the end of 2021

>14.12.2020 – Deutsche Hypo to be fully integrated into NORD/LB

>26.11.2020 – NORD/LB increases risk provisioning and continues restructuring of the bank


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