22.03.2017>NORD/LB presents an analysis of CeBIT partner Japan

NORD/LB Norddeutsche Landesbank has presented a study on the devel-opment of Japan, this year's partner country to CeBIT Hanover. According to the study, Japanese Prime Minister Shinzo Abe's Abenomics has once again made a success model of the Japanese economy and established a foundation for sustainable growth. In 2016, GDP (Gross Domestic Product) in Japan grew by 1.0 per cent, led by a strong domestic economy as well as increasingly strong exports. In 2017, the Japanese economy is expected to grow by 1.4 per cent.


07.03.2017>NORD/LB Research honoured for high forecasting accuracy

NORD/LB Norddeutsche Landesbank’s two Euroland analysts, Dr. Jens Kramer und Christian Lips, have taken first place in the Thomson Reuters/StarMine ranking for the accuracy of economic forecasts for the Eurozone. The Thomson Reuters news agency surveyed the forecasts made by over 60 financial institutions of key economic and financial indicators. Having already taken fifth place for their 2015 forecasts, the NORD/LB economists came out as best forecasters worldwide in the ranking for 2016. They were followed in second place by the analysts at the London-based financial institution Market Securities, with the analysts at BHF Bank coming in third.

26.11.2015>NORD/LB improves business result

NORD/LB Group achieved earnings before taxes of € 630 million in the first nine months of 2015, which represents a significant increase on the profit of € 364 million for the same period of the previous year, while its consolidated profit totalled € 539 million (previous year: € 251 million).


02.11.2015>Dieter von Holtzbrinck Ventures and NORD/LB establish joint venture for the support and advancement of digital business models

Dieter von Holtzbrinck Ventures GmbH (DvH Ventures) – a subsidiary of Dieter von Holtzbrinck Medien GmbH – and NORD/LB Norddeutsche Landesbank are setting up a joint venture with the purpose of supporting and advancing business models in the sphere of modern financial technology.

29.09.2015>NORD/LB finances helicopters for the first time

NORD/LB Norddeutsche Landesbank is providing the finance for the acquisition of two AgustaWestland AW139 helicopters by leasing company LCI Helicopters. The helicopters will be used to provide supplies to wind parks in the North Sea. The total asset value is in excess of $ 30 million (around € 27 million). This is the first time NORD/LB has provided finance in this asset class.


09.09.2015>NORD/LB tops up “Northvest” credit portfolio for institutional investors

NORD/LB has topped up its “Northvest” credit portfolio transaction for institutional investors by an amount of €5.1 billion. Northvest offers institutional investors the opportunity to invest directly in the bank’s credit-based business model.

27.08.2015>NORD/LB presents sound half-year earnings

NORD/LB closed the first half of 2015 with a consolidated profit of € 290 million after taxes (previous year’s figure: € 243 million). Earnings before taxes totalled € 314 million (€ 348 million).

22.07.2015>NORD/LB with further expansion of customer business in Asia

NORD/LB Norddeutsche Landesbank is augmenting its activities in Singapore and Shanghai in the interests of servicing and assisting its customers in the expansion of their Asian business activities. NORD/LB intends to achieve considerable growth in Asia in the years ahead, in particular with project financing in the spheres of energy and infrastructure, the financing of ships and aircraft as well as in the field of business with German SMEs. With a staff of 60 employees in the Singapore branch and 20 in Shanghai, NORD/LB is already the leading German Landesbank in Asia.

28.05.2015>NORD/LB starts into the year successfully

NORD/LB achieved earnings before taxes of € 229 million in the first three months of 2015, a significant improvement on the € 133 million achieved in the first quarter of the previous year. Consolidated profit totalled € 156 million in the first quarter of 2015 (first quarter of 2014: € 92 million).

28.04.2015>NORD/LB doubles earnings before taxes

NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 276 million in the financial year 2014 and thereby significantly increased its pre-tax profit. In 2013 its earnings before taxes had totalled € 140 million. Its consolidated profit after taxes totalled € 205 million in 2014. The previous year’s figure (€ 224 million) was boosted by a special tax effect. There was no change in the preliminary figures for the financial year 2014 published at the end of March.

30.03.2015>NORD/LB achieves significant increase in earnings before taxes

NORD/LB increased its earnings before taxes significantly in the financial year 2014. According to provisional figures, it achieved a consolidated profit before taxes of € 276 million in 2014. In 2013 its earnings before taxes had totalled € 140 million.


16.03.2015>NORD/LB finances wind farm in Italy for the first time

NORD/LB provides a non-recourse financing for BayWa r.e. renewable energy GmbH for the construction and operation of a wind farm in the southern Italian region of Basilikata. The wind farm will have a total installed capacity of 46.2 megawatts (MW) when completed, includes an overall investment volume of around EUR 80 million and is the first wind farm to be financed by NORD/LB in Italy.


13.03.2015>NORD/LB makes provisions for risks arising from Hypo Alpe Adria commitment

NORD/LB is currently probing the impacts of the moratorium on payments imposed by Austria's FMA financial supervisory authority in respect of liabilities of Heta Asset Resolu-tion AG (Heta) which is responsible for the liquidation of Hypo Alpe Adria Bank's assets. The moratorium is set for the period ending 31 May 2016 and applies to and for all of Heta's liabilities.

13.02.2015>NORD/LB issues Public Sector Pfandbrief (Öffentlichen Pfandbrief)

NORD/LB Norddeutsche Landesbank has issued a Public Sector Pfandbrief (Öffentlichen Pfandbrief) with a volume of € 500 million. The term of the issue is four years. Shortly after the order book was opened, it had been allocated and was closed again. After just 15 minutes, purchase orders had been received from institutional investors from eight nations with a volume of more than € 1 billion.

27.11.2014>NORD/LB: Nine-month profit up to €364 million

NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 364 million in the first nine months of the current year, while its consolidated profit totalled € 251 million. This was significantly higher than the previous year’s figure (€ 108 million before tax / € 112 million after tax).

28.08.2014>NORD/LB records significant increase in profit in first half-year

NORD/LB Norddeutsche Landesbank achieved earnings before taxes of € 348 million in the first half of 2014, while its consolidated profit totalled € 243 million. The bank’s half-year earnings are therefore well above the previous year’s figures (earnings before taxes € 96 million, consolidated profit € 87 million).

02.07.2014>NORD/LB consolidates its market position in Saxony-Anhalt

NORD/LB Landesbank for Saxony-Anhalt has expressed satisfaction with the development of its business in the federal state. "We have further consolidated our market position in the region", as Dr. Hinrich Holm, member of the NORD/LB Managing Board, told journalists last Wednesday in Magdeburg. "We, in collaboration with the savings banks, have established ourselves as the premier address for financing solutions tailored to the specific needs of the regional SMEs". He added that 2013 and the first six months of 2014 not only generated pleasing results in the corporate business segment but also in NORD/LB's other spheres of activity in Saxony-Anhalt. This was particularly the case in agricultural banking and the financing of renewable energies. The slight drop of 1.5 percent in the bank's overall financing volume in Saxony-Anhalt was attributable to special effects in individual business segments, for example the improved financial situation among the municipal authorities.

25.06.2014>NORD/LB and ERGO Versicherungsgruppe finance acquisition of municipal housing in Berlin

NORD/LB Norddeutsche Landesbank has, together with ERGO Versicherungsgruppe, provided finance for the acquisition of a residential property portfolio by Gewobag Berlin in the amount of EUR 87 million. EUR 54 million of the loan is financed by ERGO with a fixed interest rate for 20 years. The residential housing portfolio comprises 1,058 residential and commercial units in Berlin, which Gewobag has integrated into its total portfolio of 58,000 residential units.

27.05.2014>NORD/LB starts 2014 with profit

NORD/LB achieved earnings before taxes of EUR 133 million in the first quarter of 2014, while the consolidated profit totalled EUR 92 million. NORD/LB closed the first three months of the previous year due to a significant increase in loan loss provisions with earnings before taxes of minus EUR 46 million. In 2013 as a whole NORD/LB achieved earnings before taxes of EUR 161 million.


07.05.2014>NORD/LB presents its first Group-wide Sustainability Report for 2013

NORD/LB Norddeutsche Landesbank has presented its first Group-wide Sustainability Report. The report covers the Group’s entire relevant economic, social and ecological performance for the financial year 2013.

29.04.2014>Significant increase in profit for NORD/LB in 2013

NORD/LB Norddeutsche Landesbank increased its profit significantly in the financial year 2013. The Group achieved earnings before reorganisation and taxes of EUR 268 million, following EUR 131 million in the previous year, while its earnings before taxes totalled EUR 161 million (previous year: EUR 78 million). Due to tax revenue as a result of one-off effects, earnings after taxes totalled EUR 245 million (EUR 82 million).


10.04.2014>NORD/LB issues subordinated bond with a volume of USD 500 million

NORD/LB Norddeutsche Landesbank has issued a subordinated bond with a volume of USD 500 million. The Tier 2 issue has a term of 10 years and was priced at the USD swap rate plus 333 basis points.

27.03.2014>Investors back high-quality NORD/LB credit portfolio “Northvest”

NORD/LB Norddeutsche Landesbank is offering institutional investors the opportunity to invest directly in the bank’s credit-based business model. In March it issued a securitisation tranche of an extensive credit portfolio comprising four asset classes from the books of NORD/LB.

09.12.2013>Thomas S. Bürkle new Chief Risk Officer of NORD/LB

The Supervisory Board decided in its meeting on Monday to appoint Thomas S. Bürkle as the new Chief Risk Officer of NORD/LB. Mr. Bürkle is currently the Chairman of the Managing Board of Deutsche Hypothekenbank, a subsidiary of NORD/LB. He will take over from the outgoing Chief Risk Officer, Dr. Johannes-Jörg Riegler, on 1 January 2014.

29.08.2013>NORD/LB achieves earnings of EUR 96 million for the first half of the year

NORD/LB achieved earnings before taxes of EUR 96 million in the first half of 2013, while its consolidated profit totalled EUR 87 million. In the first six months of the previous year earnings before taxes totalled EUR 131 million and consolidated profit EUR 67 million.


02.08.2013>NORD/LB: Continued expansion of corporate banking business in Saxony-Anhalt

NORD/LB Landesbank for Saxony-Anhalt has further expanded its business with customers in the SME sector, and 2012 saw the bank's financing volume in corporate banking up by 3.4 percent to EUR 1,879 million (2011: EUR 1,817 million). The trend within the corporate customers segment was particularly positive in the sphere of agricultural banking, with business volume growth of 4.3 percent. Further focal spheres of NORD/LB's business activities in Saxony-Anhalt lie in the financing of residential housing, the arranging of capital market products for SMEs and involvement in major projects in the fields of renewable energies and public infrastructure.

26.07.2013>NORD/LB and HSH Nordbank finance French wind farm portfolio

NORD/LB Norddeutsche Landesbank and HSH Nordbank are providing project financing for a portfolio of four wind farms with a total capacity of 72 Megawatts (MW) located in the Nord-Pas-de-Calais and Picardie regions in northern France.

26.06.2013>Caplantic: New service provider for investments in alternative assets

Caplantic Alternative Assets GmbH is a newly established company offering services for the management of alternative assets. This range of services includes the structuring, servicing and risk management of alternative investment products, with the focus on asset categories such as aircraft, renewable energies, real estate and infrastructure projects.

30.05.2013>NORD/LB: Shipping crisis affects earnings in first quarter

NORD/LB closed the first quarter of 2013 with a consolidated profit before taxes and reorganisation expenses of minus 30 million euros. The quarterly result was strongly affected by the significant increase in expenses for loan loss provisions in the amount of € 241 million, which were made primarily for ship financing. Consolidated profit after taxes totalled minus 32 million euros. In the first quarter of 2012 the bank had achieved a consolidated profit after taxes of 118 million euros.


27.05.2013>NORD/LB with further expansion of agricultural banking business

The growth trend in agricultural banking business at NORD/LB is continuing at a healthy pace. Fiscal 2012 saw the bank's Agricultural Banking division register total lendings more than 10 percent up on the previous year's figures – thus consolidating the positioning of NORD/LB as Germany's leading finance provider in the agricultural sector.

22.04.2013>Solid result for NORD/LB despite shipping crisis

NORD/LB closed the financial year 2012 with a consolidated profit before taxes and reorganisation expenses of EUR 129 million, while its consolidated profit after taxes totalled EUR 80 million.

01.02.2013>NORD/LB arranges purely US dollar-denominated Floating Rate Assignable Loan for the first time

NORD/LB and HSBC have cooperated on arranging a Floating Rate Assignable Loan (German „Schuldscheindarlehen“) denominated solely in US dollars in the amount of USD 70 million in all for the Neumann Coffee Group, headquartered in Hamburg and the world's leading service provider in the sphere of green coffee.

10.12.2012>Dr. Johannes-Jörg Riegler appointed Deputy Chairman of the NORD/LB Managing Board

At its meeting today, Monday, 10 December 2012, the Supervisory Board of NORD/LB appointed Dr. Johannes-Jörg Riegler (48) as Deputy Chairman of the bank’s Managing Board.

03.10.2012>Statement regarding EU Capital Exercise

NORD/LB notes the announcements made today by the European Banking Authority and Bundesanstalt für Finanzdienstleistungsaufsicht regarding the final assessment of the capital exercise and fulfilment of the EBA December 2011 Recommendation, which shows the following result for NORD/LB.

21.09.2012>NORD/LB with further expansion of its activities in North Rhine-Westphalia

NORD/LB is expanding its activities in the federal German state of North Rhine-Westphalia. Thursday last week saw the official opening of the enlarged NORD/LB branch office premises situated on Düsseldorf's renowned Königsallee boulevard; this took place within the framework of a customer event attended by some 50 guests representing companies from all sectors of industry who made use of the occasion for personal on-the-spot talks.

29.08.2012>NORD/LB achieves earnings of EUR 131 million for the first half of the year

NORD/LB achieved earnings before taxes of EUR 131 million in the first half of 2012. Consolidated profit totalled EUR 67 million. In the first six months of 2011 earnings before taxes totalled EUR 273 million and consolidated profit EUR 199 million.


28.08.2012>NORD/LB places structured credit product

A premiere for NORD/LB is its launch of Blue Rock as an innovative credit product referencing Infrastructure asset class and sold to an institutional client. Within the framework of the transaction a mezzanine tranche from a high-grade loan portfolio of 20 British infrastructure projects originated and financed by NORD/LB has been placed.

25.07.2012>EU approves capital-boosting measures of NORD/LB

The EU Commission has as expected today approved the capital-boosting measures of NORD/LB. “This is final confirmation that NORD/LB meets the increased capital requirements of the EU in full and on time,” explains the Chairman of the Managing Board of NORD/LB, Dr. Gunter Dunkel.


10.07.2012>NORD/LB issues the world´s first Aircraft Pfandbrief

NORD/LB Norddeutsche Landesbank issued the world’s first Aircraft Pfandbrief today. The Pfandbrief has a volume of 500 million Euros, five-year maturity and the spread was fixed with 55 basis points over mid-swap.


05.07.2012>Lower Saxony's Prime Minister David McAllister and Dr. Gunter Dunkel: "NORD/LB can continue its successful development"

Joint press release of NORD/LB and Lower Saxony state government


02.07.2012>NORD/LB meets EU capital requirements

Core tier 1 capital to be increased by a further EUR 1.25 billion

14.06.2012>NORD/LB with further expansion of business with corporate customers in Saxony-Anhalt

NORD/LB Landesbank for Saxony-Anhalt has made a successful start into 2012, further expanding its business with corporate customers in the first quarter of the year. Growth in this sphere was above average, especially in the area of residential housing. Further key business activities of NORD/LB lie in agricultural banking and the financing of projects in the fields of renewable energies and public infrastructure.

31.05.2012>NORD/LB achieves good earnings in 1st quarter

NORD/LB achieved consolidated earnings before taxes of EUR 189 million in the first three months of the financial year 2012. In the first quarter of 2011 its earnings totalled EUR 125 million. Consolidated earnings after taxes rose to EUR 118 million (previous year's figure: EUR 76 million).


04.05.2012>NORD/LB establishes cultural foundation

NORD/LB Norddeutsche Landesbank is going to establish a cultural founda-tion headquartered in Hanover, Germany, that will bundle and intensify its funding of art and culture during the course of the year. In order to fund the foundation, the bank will part from the sculpture “Tulips” by Jeff Koons. The sculpture is planned to be sold at an international auction this autumn.

19.04.2012>NORD/LB with significant profit growth in 2011

NORD/LB has registered significant profit growth in fiscal 2011, with a consolidated after-tax figure of EUR 536 million as against the previous year's level of EUR 314 million. The Bank's earnings before taxes rose to EUR 730 (2010: 319) million.

12.03.2012>NORD/LB finances offshore wind farm installation vessel

NORD/LB is participating in the financing of an installation vessel for offshore wind energy farms. Commissioned by the international provider of construction-related services HOCHTIEF, the "VIDAR" is a jack-up vessel being built at the Crist shipyard in Poland and scheduled to go into service from 2013 onwards.

01.02.2012>NORD/LB finances the "Turnow II" solar park in Brandenburg

NORD/LB has taken over the project financing for the "Turnow II" solar park in the municipality of Turnow-Preilack near Cottbus in the federal state of Brandenburg. This follows the bank's co-financing in 2009 already of the directly adjacent "Turnow I" solar park on the former "Lieberoser Heide" military exercise area.

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