August 25, 2016 11:08 AM ET

Banks

Company Overview of Norddeutsche Landesbank Girozentrale

Company Overview

Norddeutsche Landesbank Girozentrale provides financial services to private, corporate, institutional, and public sector clients in Germany and internationally. The company’s Private and Commercial Customers segment offers banking services and products for account and lending services, and savings and investment services; Internet banking and direct brokerage services; and asset structure analysis, financial planning, asset succession and inheritance, and foundation management advisory services, and investment loans and start-up advice. The company’s Corporate Customers segment provides transaction management, business financing, interest and currency risk management, and company pension sch...

Friedrichswall 10

Hanover,  30159

Germany

Founded in 1765

6,343 Employees

Phone:

49 511 361 0

Fax:

49 511 361 2502

Key Executives for Norddeutsche Landesbank Girozentrale

Chairman of Managing Board, Chief Executive Officer and Member of Group Risk Committee
Age: 63
Chief Financial Officer, Chief Operating Officer and Member of Managing Board
Age: 51
Chief Risk Officer and Member of Managing Board
Age: 63
Executive Vice President
Senior Vice President and Member of Supervisory Board
Compensation as of Fiscal Year 2016.

Norddeutsche Landesbank Girozentrale Key Developments

Norddeutsche Landesbank Girozentrale, Q2 2016 Earnings Call, Aug 25, 2016

Norddeutsche Landesbank Girozentrale, Q2 2016 Earnings Call, Aug 25, 2016

NordLB Eyes Full Control Of Bremer

Norddeutsche Landesbank Girozentrale aims to take full control of Bremer Landesbank Kreditanstalt Oldenburg-Girozentrale after European Central Bank asked to shore up its capital against bad shipping loans, sources familiar with the matter said. NordLB and Bremer are declined to comment.

Norddeutsche Landesbank Girozentrale Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Norddeutsche Landesbank Girozentrale announced consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported consolidated loss of EUR 84 million, compared to profit of EUR 156 million for the same quarter ended March 31, 2015. Net interest income was EUR 457 million, compared to EUR 501 million for the same quarter ended March 31, 2015. Net commission income was EUR 54 million compared to EUR 55 million for the same quarter ended March 31, 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 22, 2016
Norddeutsche Landesbank Girozentrale, Portfolio of Shipping Loans
Private Placement
June 8, 2016
OptioPay GmbH
 

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