Press Archive

03/25/2021 Despite restructuring and Corona impacts - NORD/LB with balanced annual result in 2020

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.

03/04/2021 Andreas Rehfus and Christian Veit leave Deutsche Hypo and hand over management to Frank Schrader

Frank Schrader, previously responsible for NORD/LB's Asian business, becomes the new head of the Bank's real estate customer business. He thus also assumes responsibility for the market divisions of Deutsche Hypo, which will be fully integrated into the Group parent NORD/LB.

03/03/2021 Rüdiger Fuhrmann retires

Dr. Rüdiger Fuhrmann, long-standing Head of Agricultural Banking at NORD/LB, is retiring at the end of March 2021. The doctor of agricultural economics has headed the Agricultural Finance division since 2005. He has held various positions in NORD/LB's Agricultural Banking Division since 1990.