Company Overview of Bayerische Landesbank
Bayerische Landesbank operates as a commercial bank for large and middle-market companies, public sector, real estate, and retail customers in Europe and internationally. It offers financing solutions and services for real estate plans, such as commercial real estate services, including portfolio financing, real estate financing, real estate development finance, and financing real estate funds; residential real estate services, such as services for housing companies and housing development finance; real estate management, including financing hotel property and healthcare finance; real estate services, such as real estate strategy consulting, consulting on acquiring and selling real estate/M&...
Brienner Strasse 18
Founded in 1884
Key Executives for Bayerische Landesbank
Chief Executive Officer and Member of Board of Management
Chief Financial Officer and Member of Management Board
Chief Risk Officer and Member of the Board of Management
Deputy Chief Executive Officer and Member of the Board of Management
Head of the Corporates Division
Compensation as of Fiscal Year 2014.
Bayerische Landesbank Key Developments
BayernLB Reports Earnings Results for the Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year 2014
Nov 17 14
BayernLB reported earnings results for the nine months ended September 30, 2014. The company reported net interest income remained stable, rising slightly by approximately 1% in the first nine months of 2014 to EUR 1,251 million despite ongoing targeted reductions in business volume, compared to EUR 1,244 million a year ago. profit before taxes of EUR 561 million despite challenging market conditions. Adjusted for the gain on the sale of GBW in 2013, profit before taxes was on a par with the good figure for the year-before period.
BayernLB Group expects to report a loss for its full-year 2014 consolidated net income due to the charges incurred for the deconsolidation of MKB, although the Bank's capital base will remain very sound.
Bayern LB Presents at The 17th Annual GRI Europe Summit 2014, Sep-17-2014 through Sep-18-2014
Sep 15 14
Bayern LB Presents at The 17th Annual GRI Europe Summit 2014, Sep-17-2014 through Sep-18-2014. Venue: Intercontinental Paris Le Grand, Paris, France. Presentation Date & Speakers: Sep-17-2014, Philippe Troukens, Director, SEBASTIEN LIBERGE, director, head of re finance.
BayernLB Announces Earnings Results for the Second Quarter and First Half of Fiscal 2014; Re-Iterates Earnings Guidance for the Full Year of Fiscal 2014
Aug 21 14
BayernLB announced earnings results for the second quarter and first half of fiscal 2014. For the quarter, the company announced its pre-tax profit dropped by 43% to EUR 320 million (USD 424.6 million), dented by the sale of real estate subsidiary GWB in April 2013. Net interest income was decreased by 9% to EUR 450 million.
In the six months, the company announced its net profit contracted by 74% to EUR 153 million, hit by a charge of EUR 311 million linked to the sale of Hungarian subsidiary MKB, which is expected to close in September.
The company re-iterated earnings guidance for the full year of fiscal 2014. The bank reiterated its forecast for a net loss this year, mainly due to charges of EUR 500 million in connection with the MKB sale.
Similar Private Companies By Industry
Recent Private Companies Transactions