August 23, 2017 4:17 PM ET

Banks

Company Overview of IKB Deutsche Industriebank Aktiengesellschaft

Company Overview

IKB Deutsche Industriebank Aktiengesellschaft provides loans, risk management, capital market, and advisory services to medium-sized enterprises and private equity funds in Germany, rest of Europe, and internationally. The company offers public funding schemes or equity capital; acquisition finance; professional solutions for syndication, syndicate financing, and club deals; export and project financing; and leasing services. It also provides financial market advisory services for various debt products, such as bonds and promissory notes, private placements, and leveraged debt finance; and private equity, and mergers and acquisitions advisory services. In addition, the company offers term mo...

Wilhelm-Bötzkes-Strasse 1

Düsseldorf,  40474

Germany

Founded in 1924

1,507 Employees

Phone:

49 211 8221 4511

Fax:

49 211 8221 3959

Key Executives for IKB Deutsche Industriebank Aktiengesellschaft

Chairman of Board of Managing Directors
Age: 52
COO & Member of Board of Managing Directors
Age: 50
President of Professional Indemnity Agency
Head of Leveraged & Acquisition Finance Origination and Managing Director
Head of Banking & Markets and Managing Director
Compensation as of Fiscal Year 2017.

IKB Deutsche Industriebank Aktiengesellschaft Key Developments

IKB Deutsche Industriebank Ag Announces Consolidated Earnings Results for the Full Year Ended March 31, 2017; Provides Consolidated Earnings Guidance for the Full Year of Fiscal 2018

IKB Deutsche Industriebank AG announced consolidated earnings results for the full year ended March 31, 2017. For the full year, the company announced net interest and lease income was EUR 291 million compared to EUR 284 million for the same period a year ago. The good performance in the corporate clients business contributed to this positive development. Consolidated net income was EUR 26 million compared to EUR 10 million for the same period a year ago. The company provided consolidated earnings guidance for the full year of fiscal 2018. As a result of the company's improved market position in conjunction with its continuing cost-cutting and optimization measures, the company expects a further increase in its consolidated net income after taxes for the coming 2017/2018 financial year.

IKB Deutsche Industriebank Aktiengesellschaft to Report Fiscal Year 2017 Results on Jun 09, 2017

IKB Deutsche Industriebank Aktiengesellschaft announced that they will report fiscal year 2017 results on Jun 09, 2017

IKB Deutsche Industriebank AG Announces Consolidated Earnings Results for Six Months Ended September 30, 2016; Provides Earnings Guidance for the Fiscal Year 2017

IKB Deutsche Industriebank AG announced consolidated earnings results for six months ended September 30, 2016. For the period, the company reported net interest and lease income of EUR 144 million, net fee and commission income of EUR 17 million, net other income of EUR 29 million, consolidated net income of EUR 10 million compared to the net interest and lease income of EUR 142 million, net fee and commission income of EUR 14 million, net other loss of EUR 8 million, consolidated net income of EUR 23 million for the same period a year ago. Net other income improved was attributable primarily to lower expenses for retirement benefits and the net increase in income from the sale of investments, as well as close-out payments of derivative transactions in the banking book. On the basis of positive earnings results for the first six months of 2017, the company expects for the full financial year 2017 to generate a positive result after taxes and before additions to the fund for general banking risks (section 340g HGB). This result is expected to be moderately higher than in the 2016 financial year. IKB AG intends to transfer profits, if applicable, to the fund for general banking risk in accordance with section 340g HGB as at the end of the financial year.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 15, 2017
ikb Data GmbH
Merger/Acquisition
June 29, 2017
IKB Leasing GmbH
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