Press Archive

05/31/2022 NORD/LB with strong operating result

NORD/LB achieved a consolidated result of minus € 101 million in the first three months of 2022. As usual, the first quarter was also distorted downwards by payments for the bank levy and the deposit guarantee fund amounting to € 67 million.

05/24/2022 NORD/LB Signs Climate Protection Commitment of the German Financial Sector

NORD/LB Norddeutsche Landesbank has signed the Climate Protection Commitment of the German financial sector, thereby committing itself to aligning its loan and investment portfolios with the goals of the Paris Climate Agreement. This initiative, which originated in the banking sector of the financial sector, aims to actively participate in the societal transformation to limit climate change.

04/04/2022 NORD/LB jointly finances tram-trains in Chemnitz with KfW IPEX-Bank and EIB

Local public transport authority Verkehrsverbund Mittelsachsen procures 19 new tram-trains; Expansion of public transport in the Chemnitz region

03/31/2022 NORD/LB returns to profitability in 2021

NORD/LB Norddeutsche Landesbank closed the 2021 financial year with earnings before taxes of 16 million euros. The consolidated profit was 19 million euros. In 2020, the pre-tax result was minus 27 million euros. At the same time, the bank's capitalisation improved further. The successful restructuring of the bank opens up growth prospects in selected business areas.

03/17/2022 NORD/LB finances Italian wind farm “San Paolo”

NORD/LB Norddeutsche Landesbank has completed the financing of the Italian onshore wind farm "San Paolo". The wind farm is located in the Apulia region and is largely completed. Accordingly, "San Paolo" will start operation shortly and feed renewable energy into the Italian electricity grid.

02/23/2022 NORD/LB acts as Structuring Bank for battery project in Australia

NORD/LB Norddeutsche Landesbank acted as Structuring Bank in supporting ASX-listed Genex Power Limited (Genex) throughout the project financing process of their 50MW/100MWh Bouldercombe Battery Project in Central Queensland, Australia.

01/26/2022 NORD/LB finances wind farm portfolio in Poland

NORD/LB Norddeutsche Landesbank has financed a portfolio of five wind farms. The wind farms are located in northwestern Poland. The portfolio was developed by the Danish wind farm developer European Energy A/S and has a total capacity of approximately 45 megawatts (MW).

01/04/2022 NORD/LB, EIB and KfW IPEX-Bank finance new battery-powered regional trains to replace diesel

A zero-carbon future is on the horizon for regional trains between Berlin and the surrounding Brandenburg area. The railway company Niederbarnimer Eisenbahn (NEB) plans to replace diesel locomotives with the first battery-powered trains from December 2024. It has ordered 31 new Mireo Plus B trains from Siemens for the ten East Brandenburg lines between Berlin and the Polish border.