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LATEST NORD/LB NEWS

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NORD/LB finances first ever renewable energies project on Cyprus  Aug 04, 2009
NORD/LB – in cooperation with Commerzbank, ING and the European Investment Bank – is arranging the financing of the first ever wind farm on Cyprus for Platina Partners LLP, a British-French equity fund consultancy and management firm. The first phase...   
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NORD/LB finances transnational wind power portfolio  Jul 21, 2009
NORD/LB Norddeutsche Landesbank has structured a transnational wind power portfolio with a total output of 60 MW for developer ABO Wind AG of Wiesbaden/Germany. The overall financing volume involved is approximately 105 million euros. The project has now been completed...   
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NORD/LB closes 2008 with a positive result  Apr 28, 2009
The NORD/LB Group closed fiscal 2008 with a positive pre-tax operating result of 22 million euros and a consolidated result of 151 million euros after tax. In spite of the difficult global economic environment, NORD/LB succeeded in achieving slightly increased...   
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NORD/LB Group as lead arranger for the world?s second largest solar   Apr 22, 2009
The NORD/LB Group and Bremer Landesbank, together with three further partners, are financing the construction by juwi Solar GmbH and First Solar Holdings GmbH of what will be the world’s second largest solar park....   
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NORD/LB boosts reserves and pays out dividends   Mar 24, 2009
NORD/LB Norddeutsche Landesbank AöR will be paying its guarantors a dividend of 7 percent on the equity capital, with interest being paid in full to the Bank’s silent participations as before. At the same time the Bank will be transferring...   
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NORD/LB with successful G-MTN benchmark bond issue  Feb 11, 2009
NORD/LB Norddeutsche Landesbank issued a benchmark bond today with a placement volume of EUR 2 billion within the framework of its Guaranteed Medium Term Note Programme (G-MTN). The issue is guaranteed by the federal state of Lower Saxony and secured...   
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Gunter Dunkel to become new Chairman of the NORD/LB Board of Management   Sep 24, 2008

Today the NORD/LB Norddeutsche Landesbank Supervisory Board appointed Dr. Gunter Dunkel Chairman of the NORD/LB Board of Management as of 1 January 2009. Dr. Dunkel, Deputy Chairman of the Board of Management of the Bank since the beginning of 2007,...   
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NORD/LB finances first defence sector PPP project  Apr 25, 2008
NORD/LB Norddeutsche Landesbank is financing the planning, redevelopment and construction work as well as operation of Munich barracks “Fürst-Wrede-Kaserne”. Awarding authority is the Federal Republic of Germany, represented by the Federal Ministry of Defence. This is the first building construction...   
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NORD/LB increases its operating income despite financial crisis  Mar 15, 2008
NORD/LB Norddeutsche Landesbank was once again able to raise its operating income in the 2007 accounting period despite a tense situation on international financial markets. Interest and commission income in particular were significantly raised. This is shown in the annual...   
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NORD/LB opens a representative office in Mumbai  Oct 30, 2007
NORD/LB Norddeutsche Landesbank is reinforcing its international presence with a new representative office in the Indian financial centre of Mumbai. "India is currently characterised by enormous momentum and economic strength. The boom there offers us considerable business potential," Dr. Hannes...   
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NORD/LB with considerable increase in operative income   Oct 29, 2007
NORD/LB Norddeutsche Landesbank has significantly raised operative income for the first nine months of this year. The Group increased its operating result before loan loss provisions and valuation in comparison to that of the same period of the previous year...   
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NORD/LB finances 13 new jets for Air Berlin  Aug 10, 2006
NORD/LB Norddeutsche Landesbank is financing 13 new aircraft for air-line company Air Berlin. With a volume of well over 400 million US dollars, this financing project is the largest mandate of an airline in the history of the bank. NORD/LB...   
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NORD/LB finances first Airbus A380  Nov 30, -0001
NORD/LB Norddeutsche Landesbank is financing the first three Airbus A380 aircraft at a full loan volume of around 600 million US dollars.  NORD/LB will initially be assuming the full credit amount. However, the bank will soon be involving other banks...   
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