BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The institutional protection schemes in the banking sector in Austria, Germany, Italy, Poland, and Spain have published a joint declaration on their role within a strong banking union. By making this declaration, the institutional protection schemes wish to contribute to the political discussions ...
Frankfurt am Main (ots) - - Continuation of successful partnership with Commerzbank’s Corporate Clients segment that started in 2019 - Expansion to Private and Small-Business Customers segment provides supplementary financing opportunities for SMEs with annual revenues of up to EUR 15 million - With immediate effect, creditshelf clients will also benefit from Commerzbank’s product range - In this way, creditshelf and ...
Hamburg (ots) - Varengold Bank, a leading financer of European fintechs with its focus on online lending market places, has published its first sustainability report. This can be downloaded at https://www.varengold.de/ueber-varengold/nachhaltigkeit/. The report has been produced voluntarily by an interdisciplinary team of Varengold employees and once again underlines ...
Euroclear Holding, Euroclear Investments, Euroclear SA/NV
Brussels (ots/PRNewswire) - Euroclear reports results for the year ending 31 December 2020 Euroclear delivered a Stable Financial Performance - Operating income flat compared to FY 2019 at EUR 1430 million as strong business income growth offset the impact of lower interest rates o Business Income rose 12% to EUR 1280 million as continued support for clients throughout ...
Frankfurt am Main, Germany (ots) - - Important expansion of debt financing base on the creditshelf platform - Additional strategic investor uses creditshelf's lending platform as powerful access tool to the German market for SME loans - Debt capital of EUR 40 mn from the collaboration enables creditshelf to meet loan demand from German SMEs even more efficiently ...
Madrid (ots) - The acquisition of Wirecard assets further strengthens Santander's position in the global merchant acquiring space, where the bank already has a strong presence. Santander is enhancing its merchant payment platform globally and will also leverage the strength of the Wirecard assets to support its ...
Euroclear Holding, Euroclear Investments, Euroclear SA/NV
Brussels (ots/PRNewswire) - Financial Highlights - Year-to-date (Q3 YTD) 2020 revenues down 3% year-on-year, to EUR 1057 million. - Q3 YTD Business Income increased 12% to EUR 951 million, driven by favourable market conditions and implementation of strategic initiatives Q3 YTD Banking and Other Income decreased 55% to EUR 106 million as a result of interest rate cuts - Q3 YTD Operating costs up 3% to EUR 637 million, in ...
BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The local cooperative banks' international youth competition, 'jugend creativ', has been motivating children and young people across Europe to explore social issues through creativity for half a century. Since the first competition was held in 1970, a total of 90 million international entries have ...
BVR Bundesverband der Deutschen Volksbanken und Raiffeisenbanken
Berlin (ots) - The international youth competition 'jugend creativ', an initiative of cooperative banks from seven European countries, is celebrating its 50th anniversary. With more than 90 million participants to date, it is not only the world's biggest creativity competition for young people but also the ...
Hamburg/London (ots) - Berenberg closed the year 2019 with net profit for the year from operations of EUR60.5 million (previous year EUR23.3 million). The second oldest bank in the world has thus surpassed the previous year's earnings by 160%. "The new record level of net commission income as well as the year-on-year drop in administrative expenses show that the measures taken in 2018 to enhance efficiency have had the ...
Frankfurt am Main (ots) - - creditshelf expands product portfolio by offering access to a unique credit term of up to eight years for fully unsecured SME loans between EUR 500,000 and EUR 5 million - Strategic partnership for the product extension with BNP Paribas Asset Management strengthens investor base on the ...
Frankfurt am Main, Germany (ots) - creditshelf Aktiengesellschaft, a pioneer in digital SME financing in Germany, has accelerated its growth compared to the previous year. Thanks to a strong year-end business, Q4 contributed EUR 36.8 million in arranged loan volume to the 12-month total figure of EUR 88.5 million. This translates into a 75 % year-on-year increase. The positive development of creditshelf's loan business in ...
Berlin (ots) - Berlin-based entrepreneur Christian Krawinkel, CKV asset management buys over half of the sought-after Boris Becker Memorabilia for EUR 492.479, including the Bambi for the Wimbledon winner "Man of the Year 1985 ". This is done for a special reason, because the bustling Entrepreneur is willing to hand ...
RSU Rating Service Unit GmbH & Co. KG
Munich (ots) - With the new release of its early warning system Risk Guard RSU is becoming one of the first financial service providers in Germany to use machine learning in an operational risk management system. Complementing existing models, new algorithms enable the system to analyse reports from nearly 300 newspapers and journals for information about changes in creditworthiness of German companies. "The model was ...
Frankfurt am Main (ots) - - Consolidated net profit before tax of EUR 443 million at previous year's level - Sharp growth in new business in second half of the year - Risk situation remains positive thanks to good portfolio quality - Very stable CET1 ratio of 14.9 percent - Renewed increase in general and administrative expenses, particularly due to ...
Frankfurt am Main (ots) - - Strong third-quarter result of EUR 164 million - Consolidated profit before tax of EUR 364 million achieved after nine months - Good portfolio quality ensures risk situation remains comfortable - Very stable capital resources: CET-1 ratio at 15.3 per cent Helaba Landesbank Hessen-Thüringen generated a consolidated profit before ...
Frankfurt am Main - (ots) - - Pre-tax profit on target - Noticeable recovery in volume of new business in Q2 - Risk situation comfortable - CET1 ratio rises to 15.5 percent - Implementation of regulatory requirements weighs on administration expenses Helaba Landesbank Hessen-Thüringen ended the first ...
London (ots) - Rabobank, a premier global food and agribusiness bank, is bringing FoodBytes!, it´s food and agriculture pitch-competition-meets-networking-event to London for the first time on Thursday 13 September at One Marylebone. The event will see 20 game-changing startups pitch to an audience of hundreds of ...
Frankfurt am Main (ots) - - Profit before tax of EUR 79 million slightly above previous year - Further improvement in capital ratio to 15.7 percent - Risk situation continues to ease - Outlook for 2018 financial year confirmed Helaba Landesbank Hessen-Thüringen generated a consolidated profit before tax of EUR 79 million in the first quarter of 2018. This ...
Frankfurt am Main (ots) - - Consolidated profit before taxes of EUR 447 million - Decline in profit lower than expected - Strong market position maintained - risk situation remains positive - Improvement in CET1 ratio to 15.2 percent - Further growth in net fee and commission income - Stable performance anticipated for 2018 Frankfurt am Main - Helaba ...
Frankfurt am Main (ots) - - Results exceed target - Earnings forecast confirmed - Risk situation remains comfortable - Challenging business environment unchanged Frankfurt am Main - Helaba Landesbank Hessen-Thüringen generated pre-tax profits of EUR 381 million in the first nine months of 2017, a decline of EUR 36 million compared to the very good result ...
DERMALOG Identification Systems GmbH
Frankfurt am Main (ots) - - Helaba satisfied with first-half earnings - Welcome growth in new business - Risk position comfortable - Board of Managing Directors reiterates full-year forecast Helaba Landesbank Hessen-Thüringen closed out the first half of 2017 with consolidated net earnings before taxes ...
Frankfurt am Main (ots) - Helaba has signed a declaration on the implementation of the UN Global Compact's ten principles for corporate sustainability in the areas of human rights, labour, the environment and anti-corruption. In so doing, it has committed itself to supporting and promoting the principles. Herbert Hans Grüntker, the Chairman of Helaba's Board of ...
Frankfurt/Main (ots) - - Impact of volatile income from hedge accounting and derivatives negative - Net interest income below previous year due to negative interest environment - Renewed rise in net fee and commission income - New business on a high level - Risk situation eases - Profit before taxes of EUR 75 million considerably below last year - CET1 ratio ("fully loaded") improves - Board of Managing ...
Frankfurt am Main (ots) - - Growth in customer business underlines strong market position - Net fee and commission income rises once again - Exceptional interest rate environment weighs on net interest income - Regulatory figures see renewed improvement - Business figures on target - Significant future investment in IT and digitalisation Helaba Landesbank ...
Frankfurt (ots) - - Profit before tax down on last year but still ahead of forecast - Net interest income down as expected - Satisfactory progress in customer business - Forecast for the year as a whole confirmed Helaba Landesbank Hessen-Thüringen generated a Group net profit before taxes of EUR 417 million in the first nine months of 2016, which was approximately EUR 68 million (14 percent) below last ...
Frankfurt (ots) - - Half-year results lower, in line with forecast - Volume of new business remains on a high level - Negative impact from low interest rates and volatile earnings components - Stress test confirms comfortable level of capital backing and proven business model The Helaba Group generated a profit before taxes of EUR 279 million in the first half of 2016, which was approximately 23 per cent ...
