Wiesbaden (ots) - - Further enhancements to results anticipated, following the successful financial year 2010 - Business development on schedule during early 2011 - positive outlook affirmed - CEO Dr Wolf Schumacher: "We are determined to consistently exploit our competitive edge, and to further expand our market position" Following its successful ...
Wiesbaden (ots) - - Consolidated operating profit up by 54 per cent, to EUR 134 million - New business generated in the Structured Property Financing segment grows from EUR 3.8 billion to EUR 6.7 billion - Performance of the Consulting/Services segment remains on track - Strong fourth quarter - ...
Wiesbaden (ots) - - Tier 1 ratio expected to be 12.9 per cent* as at 31 December 2010 according to the A-IRBA (10.5 per cent* according to the CRSA) - Core Tier 1 ratio excluding hybrid capital and SoFFin silent participation of 8.1 per cent* as at 31 December 2010 - Chief Financial Officer Hermann J. Merkens: ...
Wiesbaden (ots) - The Supervisory Board of Aareal Bank AG has appointed Dirk Große Wördemann as a new member of the Aareal Bank AG Management Board responsible for international markets in Aareal Bank's Structured Property Financing segment. He will take over the responsibilities of Norbert Kickum who ...
Wiesbaden (ots) - Norbert Kickum, who, as a member of the Management Board, has been responsible for Aareal Bank's property financing business on international markets, has left the bank with effect from 31 October 2010. His departure is for purely personal reasons, by amicable and mutual consent. Aareal Bank will announce a successor shortly. Norbert ...
Wiesbaden (ots) - - Nine-month operating profit already exceeds full-year 2009 results - Aareal Bank has thus achieved a key objective for the current financial year - Full-year forecasts raised for key financial indicators - Consolidated operating profit of EUR 33 million, up from EUR 21 million in Q3 2009 - Allowance for credit losses of EUR 32 million ...
Wiesbaden (ots) - - Second-quarter consolidated operating profit rises to EUR 31 million (Q2 2009: EUR 19 million) - Allowance for credit losses of EUR 33 million remains at a manageable level - New Structured Property Financing business expanded to EUR 1.6 billion - Consulting/Services segment: Aareon ...
Wiesbaden (ots) - - First repayment tranche will amount to EUR 150 million - Chairman of the Management Board, Dr Wolf Schumacher stated: "This demonstrates the strength and soundness of our business model and good capitalisation" - Funding ...
Wiesbaden (ots) - The Annual General Meeting of Aareal Bank AG has adopted all resolutions proposed by the Management Board and the Supervisory Board with a large majority. These included resolutions to establish new Authorised Capital, and an authorisation of the Management Board to issue convertible bonds or bonds with warrants. These resolutions represented global ...
Wiesbaden (ots) - - First-quarter consolidated operating profit rises to EUR 30 million (Q1 2009: EUR 24 million) - Allowance for credit losses of EUR 32 million remains at a manageable level - New Structured Property Financing business increased to EUR 1.3 billion - Consulting / Services segment continues to show robust business development - deposit ...
Wiesbaden (ots) - - Market environment is expected to gradually improve, returning to normal as of 2012 - Outlook for 2010 confirmed - first-quarter performance on schedule - Sound results achieved in 2009 - CEO Dr Wolf Schumacher: "We are well-positioned to master the current challenges we face, and to consistently exploit future ...
Wiesbaden (ots) - International prizewinners acclaimed for outstanding work in real estate economics Wiesbaden, 26 February 2010 - The Real Estate Management Institute (REMI) of the European Business School (EBS) and Aareal Bank AG have awarded the Aareal Award of Excellence in Real Estate ...
Wiesbaden (ots) - - Profit before taxes of EUR 86 million for the full year 2009 - 23 million for the fourth quarter - Allowance for credit losses of EUR 150 million, in line with projections - Tier 1 ratio of 11.0% pursuant to the Credit Risk Standard Approach (CRSA) - Initial partial ...
Wiesbaden (ots) - - Operating profit before taxes of EUR 25 million in line with the previous quarter - Structured Property Financing: allowance for credit losses remains at a clearly manageable level - Consulting/Services showing robust ...
Frankfurt, Hamburg (ots) - In relation to the Initial Public Offering of Thielert Aktiengesellschaft (ISIN DE0006052079 / security ID number: 605 207), Dresdner Kleinwort Wasserstein has - on behalf of the syndicate banks Cazenove as Joint Bookrunner and Landesbank Baden-Württemberg as Co-Manager - due to the high demand successfully exercised the green shoe option amounting to just under 960,000 shares from existing ...
Vienna (ots) - The second Jumbo loan offered by Kommunalkredit Austria, a covered bond with EUR 1 billion that features an AAA rating from Moody's, has proved yet another dazzling success. The books were closed with a 60% oversubscription (so as not to exclude the Asian region, they were not closed after one ...
Commerzbank Aktiengesellschaft
Frankfurt (ots) - At his bank's AGM in the Frankfurt Festhalle on May 30, Klaus-Peter Müller, chairman of Commerzbank's board of managing directors, was confident that the bank can be put back on a successful course this year. "We look upon the proposed dividend payment of 10 cents per share as a demonstration of our confidence that we can achieve a turnaround in 2003", said Mr. Müller to the 3,000 shareholders ...
Vienna (ots) - Kommunalkredit Austria, the specialist bank for public finance, has become the first bank in Austria to receive a Moody's triple A rating for its bonds. Kommunalkredit's Managing Director Dr. Reinhard Platzer said: "We attribute this Aaa rating to a number of structural measures which have given us a new instrument for the international capital market and to our excellent positioning in the market." Kommunalkredit Covered Bonds are secured with a cover ...
