September 27, 2016 11:17 PM 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 Presents at 15the Annual Marine Money Week Asia - East Meets West, Sep-20-2016 through Sep-21-2016

Norddeutsche Landesbank Girozentrale Presents at 15the Annual Marine Money Week Asia - East Meets West, Sep-20-2016 through Sep-21-2016. Venue: St. Regis, Singapore. Presentation Date & Speakers: Sep-20-2016, Tobias Zehnter, Global Head of Ship Finance. Sep-21-2016, Aaron Sen, Managing Director, Global Head of Ship Asset Trading.

NORD/LB Norddeutsche Landesbank Announces Earnings Results for the First Half of 2016

NORD/LB Norddeutsche Landesbank announced earnings results for the first half of 2016. For the period the company announced earnings before taxes of minus €364 million. The consolidated loss after taxes totalled €406 million. Net interest income across the Group totalled €929 million compared to €1,000 million a year ago. The decline is in part due to the persistently low interest level on the money and capital markets. Net commission income rose to €117 million compared to €111 million a year ago. Return on equity was negative 8.9% compared to 8.7% a year ago.

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

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

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 31, 2016
Bremer Landesbank Kreditanstalt Oldenburg-Girozentrale
Merger/Acquisition
August 22, 2016
Norddeutsche Landesbank Girozentrale, Portfolio of Shipping Loans
Private Placement
June 8, 2016
OptioPay GmbH
 

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