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: ...
Frankfurt am Main (ots) - KfW IPEX-Bank again provided significant support to the German shipbuilding industry in 2010 by extending financing for 19 ships for export. With its many years of experience and structuring competence as one of the largest ship financiers in the world, KfW IPEX-Bank substantially contributed to winning export contracts with a total volume of EUR 2.4 billion. In terms of new ships, these involve ...
Frankfurt am Main (ots) - Response to the growing demand for rail vehicles from private rail operators Contribution to the strengthening of transport infrastructure Railpool is further expanding its fleet of locomotives. Yesterday the Munich-based rail rolling stock leasing company ordered a total of 42 locomotives from Bombardier and Siemens which will be delivered until mid-2013. 36 of these locomotives are the well ...
Frankfurt am Main (ots) - - KfW IPEX-Bank arranges export financing of Volkswagen vehicles converted into ambulances by WAS - Contribution to a change for the better in ambulatory care for the rural population in Ghana KfW IPEX-Bank finances the conversion of more than 150 Volkswagen vans into ambulance vehicles and mobile clinics and their delivery to the Republic of Ghana. The loan agreement was signed in December and ...
Frankfurt am Main (ots) - KfW IPEX-Bank officially opened its new representative office in Abu Dhabi on 28 November 2010. With this step the bank emphasizes the great importance of the region and at the same time expands its network of international locations. In the presence of the Senior Executive Director of the Central Bank of the United Arab Emirates, Mr Saeed ...
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 ...
Frankfurt am Main (ots) - A European banking consortium led by KfW-IPEX Bank has secured commitments for Norwegian Cruise Line (Norwegian) based in Miami to finance two cruise vessels to be built by the shipyard Meyer Werft in Papenburg, Germany. A group of five lead arrangers, consisting of Deutsche Schiffsbank, ...
Frankfurt am Main (ots) - KfW IPEX-Bank in a consortium with other international banks and The Export-Import Bank of Korea signed financing agreements in excess of USD 1.3 billion for two Independent Power Projects (IPP), Sohar 2 and Barka 3, in Oman on 16 September. Both projects are modern, energy efficient, gas-fired combined-cycle plants and will be built by a ...
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 ...
Frankfurt am Main (ots) - KfW IPEX-Bank will finance two state-of-the-art RoPax ferries which will be built by the German shipyard Volkswerft Stralsund for the German-Danish ferry operator Scandlines. The newbuildings are not only very important for the utilisation of the Volkswerft Stralsund shipyard's capacities. The shipyard group also regards this order as one of the most important milestones for developing new ...
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 ...
Frankfurt am Main (ots) - Range of financing products broadened in particular for small and medium-sized enterprises KfW IPEX-Bank will now also be able to offer long-term financing for small export transactions. For this purpose it will be using an instrument of Northstar Trade Finance which is being introduced into the German market for the first time. The ...
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 am Main (ots) - KfW IPEX-Bank GmbH is financing the procurement of 38 Diesel Multiple Units for the Upper Franconian diesel network with up to EUR 45 million. The financing arrangement structured by KfW IPEX-Bank will also be supplemented with a further EUR 33 million, provided in equal shares by Norddeutsche Landesbank - Girozentrale (Nord/LB) and LfA ...
Frankfurt am Main (ots) - KfW IPEX-Bank GmbH finances almost EUR 60 million for the construction of the Guanyin Wind Farm on the Taiwanese coast around 60 km west of Taipei. The relevant agreements were signed on Wednesday. The total investment sum is approx. EUR 65 million. The initiators of the project are the German enterprises VWind AG and wpd AG, which have already realised three similar projects with KfW IPEX-Bank ...
Frankfurt am Main (ots) - On the occasion of the German-Russian intergovernmental consultations and in the presence of German Chancellor Angela Merkel and Russian President Dmitry Medvedev KfW IPEX-Bank today signed a framework loan agreement with the Russian Vnesheconombank (VEB) for EUR 500 million. The funds will go towards financing German and European exports to ...
Frankfurt am Main (ots) - Substitution of chlorine gas in drinking water purification A German-Austrian banking consortium formed by KfW IPEX-Bank GmbH as the coordinating bank, UniCredit Bank Austria AG (Bank Austria) and Raiffeisen Zentralbank Österreich AG (RZB), provides EUR 156 million for the construction of ...
Frankfurt am Main (ots) - KfW IPEX-Bank together with the investment banks of Berlin, IBB, and of the federal state of Brandenburg, ILB, Landesbank Berlin, NORD/LB Norddeutsche Landesbank, DZ BANK and Berliner Volksbank provides EUR 1.4 billion to finance the construction of the Berlin Brandenburg International ...
Frankfurt am Main (ots) - KfW IPEX-Bank GmbH, jointly with NIBC Bank N.V. and Raiffeisenlandesbank Niederösterreich-Wien, finances the world's largest biogas upgrading plant. The plant is currently under construction north of Güstrow in the north-eastern German state of Mecklenburg-West Pomerania. The loan documentation was signed on Friday. The plant was designed by ...
Frankfurt am Main (ots) - KfW IPEX-Bank, acting as facility agent and collectively with BNP Paribas as mandated lead arranger, finances the conversion of a former RoRo ferry into a state-of-the-art accommodation and support vessel specially designed for the offshore industry, for the Danish shipping company J. ...
Frankfurt am Main (ots) - KfW IPEX-Bank together with HSBC Bank plc has successfully arranged and signed an Euler-Hermes covered export credit financing of USD 235 million on 8 June 2009 with Fideicomiso Planta Termica Garabito (FPTG) in Costa Rica as borrower. The signing took place in Frankfurt, Germany. FPTG will use the loan to finance a 200 MW diesel-engine ...
