December 28, 2014 6:43 AM ET

Banks

Company Overview of Norddeutsche Landesbank Girozentrale

Company Overview

Norddeutsche Landesbank – Girozentrale provides financial services. The company’s Private and Commercial Customers segment offers banking services and products for account and lending business, and savings and investment business; Internet banking and direct brokerage services; asset structure analysis advisory, financial planning, asset succession and inheritance, and foundation management services; insurance; and investment loans and start-up advice. It serves private, individual, commercial, small-business, and middle-market corporate customers. The company’s Corporate Customers & Markets segment offers transaction management, business financing, interest and currency risk management, and...

Friedrichswall 10

Hanover,  30159

Germany

Founded in 1765

7,590 Employees

Phone:

49 511 361 0

Fax:

49 511 361 2502

Key Executives for Norddeutsche Landesbank Girozentrale

Chairman of Management Board and Member of Group Risk Committee
Age: 61
Chief Operating Officer and Member of the Managing Board
Age: 49
Executive Vice President
Senior Vice President and Member of the Supervisory Board
Head of Corporate Customer Business and Executive Vice President
Compensation as of Fiscal Year 2014.

Norddeutsche Landesbank Girozentrale Key Developments

Norddeutsche Landesbank Announces Consolidated Earnings Results for the First Nine Months of 2014

Norddeutsche Landesbank announced consolidated earnings results for the first nine months of 2014. The company achieved earnings before taxes of EUR 364 million in the first nine months of the current year, while its consolidated profit totalled EUR 251 million. This was significantly higher than the previous year's figure (EUR 108 million before tax /EUR 112 million after tax). Net interest income, which makes by far the biggest contribution to earnings in the company's income statement, was EUR 1,492 million in the first nine months of this year. Earnings before reorganisation expenses and taxes rose to EUR 389 million (EUR165 million). Earnings before taxes therefore rose to EUR 364 million (EUR 108 million). After deducting income taxes in the amount of EUR 113 million (negative EUR 4 million), consolidated profit totalled EUR 251 million (EUR 112 million). Comprehensive income, which also includes the income recognised directly in equity, totalled EUR 220 million (EUR 242 million).

Norddeutsche Landesbank Girozentrale, Nine Months 2014 Earnings Call, Nov 27, 2014

Norddeutsche Landesbank Girozentrale, Nine Months 2014 Earnings Call, Nov 27, 2014

Nord LB Presents at 8th Annual Korea Ship Finance Forum, Nov-04-2014 02:30 PM

Nord LB Presents at 8th Annual Korea Ship Finance Forum, Nov-04-2014 02:30 PM. Venue: Paradise Hotel, Busan, South Korea. Speakers: Aaron Sen, Head of Ship and Aircraft Finance Asia / Pacific.

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