Press Conference on Annual Results. Frankfurt am Main, 15 April 2015
|
|
- Ashley Howard
- 5 years ago
- Views:
Transcription
1 Press Conference on Annual Results Frankfurt am Main, 15 April 215
2 Germany and Europe facing enormous challenges Demands on banks are growing Weak global growth Persistently low interest rates Regulatory restrictions for banks Geopolitical crises No answer to climate change 2
3 Breakdown of KfW Group business activities in 214 Volume of promotional business rises to around EUR 74 billion , , ,4 15, Breakdown of business activities (EUR in billions) Domestic promotional business KfW Special Programme 7, ,2 International business Capital market-related financing 73, , ,7 2, ,6 25, Development of promotional business Promotional business model stable on the whole despite the low interest rate environment Demand-driven decline in promotion in Germany, as expected Significant increase in international financing has a compensating effect Promotional activity (expense) (EUR in millions)
4 Consolidated profit of EUR 1.5 billion achieved Result above the sustainable yield potential Positive trend in terms of the valuation result Consolidated profit (in accordance with IFRS) (EUR in millions) Main effects on earnings ¹ ¹ ¹ Before conversion to NPV accounting of interest rate reductions. Operating result impacted by net interest income down in the low interest rate environment higher expenditure on modernisation and measures implemented as part of the application of the German Banking Act Valuation result better than expected due to risk provisions well below expectations positive result in the securities and the investment portfolio Interest rate reductions in decline due to demand-driven decline in domestic promotion (particularly for SMEs) 4
5 Operating result Net interest income impacted by low interest rate environment 2.5 3, Net interest income (before promotional activity) (EUR in millions) Administrative expenses (before promotional activity) (EUR in millions) 2. 2, ,
6 Valuation result Actual risk provisions for lending business well below expectations (EUR in millions) Risk provisions for lending business Risk provisions well below standard risk costs Provisions particularly affect domestic education financing and DEG s lending business No further impacts from the KG (single-vessel companies) portfolio Risk provisions for lending business Securities portfolio Investment portfolio -54 Derivative effects Investment portfolio Positive title and currency result in the case of DEG investments At approx. EUR 15 million, the effect on earnings is around double the provisions in DEG s lending business 6
7 Risk profile Economic and regulatory risk-bearing capacity Economic risk-bearing capacity (EUR in billions; solvency level %) Regulatory risk-bearing capacity Capital requirement 21,4 21,7 7,9 6,2 13,6 15,5 Risk-covering potential 213 Excess coverage Risk-covering potential 214 Lowering of excess coverage, essentially due to the calculation of capital requirements for credit risks being converted to IFRS accounting Excess coverage used to cushion stress scenarios and upcoming regulatory changes Tier I capital ratio (TICR) 2.6 % 14.1 % Total capital ratio (TCR) 22.3 % 15.1 % Capital ratios declined substantially in 214, essentially due to the application of Basel III (-3.4 % tier I capital ratio/-4.1 % total capital ratio) calculation of capital ratios converted to IFRS accounting (-2.8 % tier I capital ratio/ -3. % total capital ratio) Clear compliance with current capital requirements 1 For internal purposes, voluntarily calculated on the basis of the main legal provisions. In 214, the capital ratio was calculated according to CRR (Basel III) and based on IFRS. 7
8 Total assets increased Interest rate and exchange rate-induced increase in market values of hedging derivatives 55 Total assets (EUR in billions) Factors in increase in total assets 214 (EUR in billions) Change in balance sheet assets ,4 489,1 Changes in market value in connection with hedging transactions ,8 Cash collateral received for derivatives and liquidity maintenance Other + 4. Lending business ¹ Total assets from 212 adjusted (mainly due to NPV accounting of interest rate reductions). 8
9 Outlook for 215 Good start to 215 challenges remain Demand for funding Development of consolidated profit Modernisation Promotion Europe Demand still weak in domestic promotion due to the low interest rate environment Persistently strong demand in export and project finance Persistently low interest rates Regulatory impacts Necessary expenses for modernisation Implementation of regulatory requirements well underway Important major projects at the implementation stage Expansion of the BDO 2. online platform Stronger cooperation with national promotional banks Supporting the establishment of national promotional banks Supporting implementation of the Juncker Plan 9
10 Press Conference on Annual Results Frankfurt am Main, 15 April 215
Q1 2016: Demand for KfW promotion more subdued
Q1 2016: Demand for KfW promotion more subdued Slight drop in total funding commitments to EUR 15.6 billion Increase in domestic promotional business volume to EUR 12.2 billion Strong demand for promotional
More informationThird quarter of 2016: strong demand for KfW promotion in Germany
Third quarter of 2016: strong demand for KfW promotion in Germany Promotional business volume strong again at EUR 54.6 billion Domestic promotion up 6% on last year International financing at EUR 13.2
More informationPress Briefing on Capital Markets Activities Frankfurt, 13 December 2011
Press Briefing on Capital Markets Activities 2011-2012 Frankfurt, 13 December 2011 Successfull Year 2011 (Figures as of 30.09.2011) High demand for KfW promotional funding Commitments of 52.9 bn EUR in
More informationThird quarter 2017: KfW promotion activity remains high
Third quarter 2017: KfW promotion activity remains high Total promotional business volume of EUR 54.7 billion Domestic promotion at EUR 41.1 billion Strong demand in the SME sector and residential construction
More informationKfW s Business and Promotional Results. as at 30 September 2012
KfW s Business and Promotional Results as at 30 September 2012 KfW 1. Key financial figures (IFRS) 2. Overview of KfW's business activities 3. KfW Mittelstandsbank 4. KfW Privatkundenbank 5. KfW Kommunalbank
More informationKfW Bankengruppe surpasses record financing volume of With an overall promotional volume of EUR 70.6 billion, KfW Bankengruppe again generated
Annual Report 2008 2 KfW Bankengruppe surpasses record financing volume of 2007. With an overall promotional volume of EUR 70.6 billion, KfW Bankengruppe again generated a high level of promotional activities
More informationCapital Market Press Conference 2013 / Frankfurt, 5 December 2013
Capital Market Press Conference 2013 / 2014 Frankfurt, 5 December 2013 Key financial figures of KfW Group (IFRS) 2013: Solid business performance, decreasing profit, very sound capital basis 2011 2012
More informationBayernLB Group earnings as at 30 September Operating business remains on track at the end of the first nine months 17.
BayernLB Group earnings as at 30 September 2014 Operating business remains on track at the end of the first nine months 17. November 2014 Agenda 1 Overview 3 Page 2 Financial performance 6 3 Capital 16
More informationFinancial year 2015: KfW s promotional business rises to EUR 79.3 billion due to strong demand
Annual Report 2015 Financial year 2015: KfW s promotional business rises to EUR 79.3 billion due to strong demand Commitments up by 6.0% to EUR 50.5 billion Increase in international financing to EUR 27.9
More informationDisclaimer. By accessing this document you acknowledge acceptance of these terms.
Disclaimer This document is provided to you for information purposes only. This document may not be reproduced either in full or in part nor may it be passed on to another party. It constitutes neither
More information3rd Quarterly Report 2004.
3rd Quarterly Report 2004. OVERVIEW OF 3RD QUARTER. KfW Bankengruppe (KfW banking group) promotes the economy with about EUR 38 billion. By the end of September 2004 KfW Bankengruppe achieved a group business
More informationDEG: We finance opportunities
DEG: We finance opportunities DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh Products and Services Dr. Jörg Seyfart 01 February 2017 DEG at a glance Facts and figures Established 1962 Employees
More informationup.date Funding Q Annual Financial Statements of KfW Bankengruppe News for Investors. April 2005.
up.date News for Investors. April 2005. Funding Q1 2005 2004 Annual Financial Statements of KfW Bankengruppe e.ditorial Dear Readers, On April 12th KfW Bankengruppe presented its annual financial statements
More informationSECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 18-K/A. For Foreign Governments and Political Subdivisions Thereof AMENDMENT NO.
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 18-K/A For Foreign Governments and Political Subdivisions Thereof AMENDMENT NO. 1 to ANNUAL REPORT of KfW (Name of Registrant) Date of end
More informationDEG We finance opportunities in future markets
DEG We finance opportunities in future markets DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh 18. October 2017 DEG: Deutsche Investitions- und Entwicklungsgesellschaft mbh 2 Part of a strong
More informationSemi-Annual Report 2004.
Semi-Annual Report 2004. 1ST HALF AT A GLANCE. Financing volume exceeds last year s level. During the first half of 2004 KfW Bankengruppe (KfW banking group) achieved a volume of commitments of EUR 26.3
More informationQuarterly Statement Nine-Month Results
Quarterly Statement Nine-Month Results 2016 Key events and transactions 2 DVB Bank Despite robust and valuable new business origination in the Bank s Transport Finance divisions, significant allowance
More informationCommerzbank conference call. Financial results Preliminary figures-
Commerzbank conference call Financial results 2004 -Preliminary figures- Dr. Eric Strutz Chief Financial Officer Frankfurt February 16, 2005 Chart 1 Fiscal year 2004: Commerzbank s main achievements Repositioning
More information1ST QUART ER AT A GLANCE
Quarterly Report 1/2003 1ST QUART ER AT A GLANCE Mittelstandsbank off to a Good Start The Mittelstandsbank (Bank for SME), a joint promotional initiative of KfW and DtA, started work on January 1, 2003
More informationBank Austria posts net profit of EUR 489 million for the first six months
Bank Austria IR Release Günther Stromenger +43 (0) 50505 57232 Vienna, 6 August 2015 Results for the first half of 2015: Bank Austria posts net profit of EUR 489 million for the first six months Sound
More informationAnnual Press Conference. Frankfurt am Main, 5 March 2014
Annual Press Conference Frankfurt am Main, 5 March 2014 DZ BANK Annual Press Conference, 5 March 2014 Page 2 Agenda 1. Business performance 2. Capital situation 3. Other issues that concern us 4. Summary
More informationJournalists' telephone conference Half-year results for 2014
Journalists' telephone conference Half-year results for 2014 Profit before taxes of EUR 527 m BayernLB s operating performance on track Dr Johannes-Jörg Riegler and Dr Markus Wiegelmann 21 August 2014,
More informationCommerzbank: Operating profit increased by 40% to more than EUR 1 bn in 2014 implementation of strategic agenda proceeding to plan
Press release For business desks 12 February 2015 Commerzbank: Operating profit increased by 40% to more than EUR 1 bn in 2014 implementation of strategic agenda proceeding to plan Net profit increased
More informationPohjola Group Interim Report for 1 January 30 September 2015
Pohjola Bank plc Interim Report for 1 January 30 September 2015 Stock Exchange Release 28 October 2015 at 08.00 am Pohjola Group Interim Report for 1 January 30 September 2015 Consolidated earnings before
More informationPress release. 3 April LBBW financial statement press conference LBBW completes restructuring and raises profit before tax clearly in 2013
Christian Potthoff Head of Communications Landesbank Baden-Württemberg Am Hauptbahnhof 2 70173 Stuttgart, Germany Telephone +49 711 127-73946 Fax +49 711 127-74861 christian.potthoff@lbbw.de www.lbbw.de
More information* Comparative figures have been adjusted in response to the adjustments in IAS 19R from 1 January 2013.
Date: 20 February 2014 For information: M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 5575230 I: www.kasbank.com Total profit 13% lower at EUR 12.3 million as a result of reorganisation
More informationMining Projects from Discovery to Financing
Mining Projects from Discovery to Financing December 11, 2013 Workshop Financing Mining Projects Embassy of Canada to Germany, Berlin Dirk Sindermann, Vice President Metals & Mining Bank aus Verantwortung
More informationInvestor Presentation The Helaba Group. Frankfurt / Main, March 2018
Investor Presentation The Helaba Group Frankfurt / Main, March 2018 Agenda 2 1. Helaba Business Model 2. Helaba as Sparkassen Central Bank 3. Business Development 4. Asset Quality 5. Funding Helaba at
More informationInvestor Presentation The Helaba Group. Frankfurt / Main, June 2018
Investor Presentation The Helaba Group Frankfurt / Main, June 2018 Agenda 2 1. Helaba Business Model 2. Helaba as Sparkassen Central Bank 3. Business Development 4. Asset Quality 5. Funding Helaba at a
More informationCONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS. Quarter 2/2016. ProCredit Holding AG & Co. KGaA
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Quarter 2/2016 ProCredit Holding AG & Co. KGaA 2 Consolidated Statement of Profit or Loss Note 01.04. - 01.04. - 30.06.2015 30.06.2015 Interest and similar
More informationGuaranteed by the Federal State of Baden-Württemberg explicitly, unconditionally, irrevocably, statutory
L-Bank Since December 1 st 1998 Guaranteed by the Federal State of Baden-Württemberg explicitly, unconditionally, irrevocably, statutory www.l-bank.de Bloomberg: LBank :+49-721-150-3644 1 Baden-Württemberg
More informationPohjola Bank plc s Interim report for 1 January 30 June 2014
Pohjola Bank plc s Interim report for 1 January 30 June 2014 Pohjola Bank plc Stock exchange release 6 August 2014, 8.00 am Interim Report Pohjola Group Performance for January June 1) Consolidated earnings
More informationInvestor Presentation The Helaba Group. Frankfurt / Main, September 2018
Investor Presentation The Helaba Group Frankfurt / Main, September 2018 Agenda 2 1. Helaba Business Model 2. Helaba as Sparkassen Central Bank 3. Business Development 4. Asset Quality 5. Funding Helaba
More informationup.date Social Responsibility Not only a question of honour... News for Investors. May 2004.
up.date News for Investors. May 2004. Social Responsibility Not only a question of honour... e.ditorial KFW INTERNET LINKS. Dear Reader, On May 17 we held our Annual Press Conference on the balance-sheet
More informationup.date News for Investors. March 2004.
up.date News for Investors. March 2004. KfW s Capital Market Activities in 2004 e.ditorial Dear Readers, In the year 2003 the KfW Banking Group was marked by internal structural changes in consequence
More informationRabobank interim results 2014: Net profit of EUR 1.1 billion
Rabobank interim results 2014: Net profit of EUR 1.1 billion Rabobank Group recorded net profit of EUR 1,080 million in the first half year of 2014. The result was reduced by EUR 214 million by the resolution
More informationSFIL The French leading local Government and Export Agency. Investor Presentation June
SFIL The French leading local Government and Export Agency Investor Presentation June 2016 www.sfil.fr Agenda 1. A public set up with two public policy missions 2. High quality assets and stringent financial
More information2 May 2018 Standard Chartered PLC - Interim Management Statement
2 May 2018 Standard Chartered PLC - Interim Management Statement Standard Chartered PLC (the Group) today releases its Interim Management Statement for the quarter 31 March 2018. All figures are presented
More informationDEG: We finance opportunities. DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh. 18 July 2013, ZENIT GmbH
DEG: We finance opportunities. DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh Financing of Private Sector Projects in Africa 18 July 2013, ZENIT GmbH A bank with a wide range of responsibilities
More informationFinancial results presentation
Financial results presentation For the nine months period ended 30 September 2014 Contents Operating environment 9M 2014 results analysis Business segment performance review FY 2014: Prospects and outlook
More informationP r e s s r e l e a s e Vienna, August 28 th, Sound operating performance of BAWAG P.S.K. in first half year 2012
Sound operating performance of BAWAG P.S.K. in first half year 2012 o Stable core revenues o CET I significantly increased to 8.8%, Group own funds ratio 12.2% o Improvement of net profit by 23.1% to EUR
More informationFinancing Innovative SMEs in Romania Bucharest, March 2017
Financing Innovative SMEs in Romania Bucharest, March 2017 ProCredit A unique approach to banking Summary Financial overview Internationally established group of development-oriented banks for SMEs Headquartered
More informationPohjola Bank plc s Financial Statements Bulletin for 1 January 31 December 2014
Pohjola Bank plc s Financial Statements Bulletin for 1 January ember 2014 Pohjola Bank plc Stock Exchange Release 5 February 2015 at 8.00 am Financial Statements Bulletin Pohjola Group in 2014 1) Consolidated
More informationFinancing your Investment in Mexico
Financing your Investment in Mexico Energía Fotovoltaica: El Potencial de la Colaboración Mexicano-Alemana Dr. Stefan Blum, Representative, DEG Mexico Office México D.F., 10 September 2013 Mitigating your
More informationKreditanstalt für Wiederaufbau (KfW)
20 December 2017 Financial Institutions Kreditanstalt für Wiederaufbau (KfW) Kreditanstalt Issuer Rating für Wiederaufbau Report (KfW) STABLE OUTLOOK AAA Scope Ratings assigns an Issuer Rating and senior
More informationHYPO ALPE ADRIA. Investor Relations Results Presentation H1/2011. Vienna, August 17 th, Ukraine. Germany. Austria. Hungary.
HYPO ALPE ADRIA Investor Relations Results Presentation H1/2011 Ukraine Vienna, August 17 th, 2011 Germany Italy Austria Slovenia Croatia Hungary Bosnia Hercegovina Serbia Montenegro Macedonia Bulgaria
More informationBayernLB s operating business remains on track at the end of the first nine months
17 November 2014 BayernLB s operating business remains on track at the end of the first nine months Pre-tax profit of EUR 561 million stems almost entirely from customer-driven core business (EUR 502 million)
More informationCONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS. Quarter 3/2016. ProCredit Holding AG & Co. KGaA
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Quarter 3/2016 ProCredit Holding AG & Co. KGaA 2 Consolidated Statement of Profit or Loss 01.07. - 01.07. - 01.01.- 01.01.- Note 30.09.2016 30.09.2015*
More informationAKTIA BANK PLC INTERIM REPORT 1-3/2014
AKTIA BANK PLC INTERIM REPORT 1-3/2014 Strong Net commission income, Expenses down 4% Operating profit was EUR 16.4 (19.5) million. Net commission income was up 11% but NII down to EUR 25.4 (30.1) million.
More informationREPORT ON THE FIRST HALF OF CONDENSED CONSOLIDATED INCOME STATEMENT 9 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 10
CONTENTS REPORT ON THE FIRST HALF OF 2014 3 CONDENSED CONSOLIDATED INCOME STATEMENT 9 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 10 CONDENSED CONSOLIDATED BALANCE SHEET 11 CONDENSED CONSOLIDATED
More informationABN AMRO reports net profit of EUR 390 million for Q and EUR 1,207 million for 9M 2013
IR / Press Release Amsterdam, 15 November ABN AMRO reports net profit of EUR 390 million for Q3 and EUR 1,207 million for 9M Net profit for Q3 was EUR 390 million and includes a release of EUR 101 million
More informationCorporate finance by way of ABCP programmes under the new EU securitisation regulations
Corporate finance by way of ABCP programmes under the new EU securitisation regulations Frankfurt am Main, January 2018 2 I. Context: upcoming Level II measures will result in farreaching adjustments The
More informationQ Quarterly Report
Q1 2018 Quarterly Report Contents 1. Business development...3 2. Material events...5 3. Financial position and financial performance...6 4. Risk reporting...7 5. Segment Reporting...9 6. Outlook...11 7.
More informationOP MORTGAGE BANK Stock exchange release 27 April 2017 Interim Report. OP Mortgage Bank: Interim Report for January March 2017
OP MORTGAGE BANK Stock exchange release 27 April 2017 Interim Report OP Mortgage Bank: Interim Report for January March 2017 OP Mortgage Bank (OP MB) is part of OP Financial Group and its role is to raise,
More informationDate: 6 th September Remko Dieker Secretary to the Managing Board T: I: Chairman s statement
Date: 6 th September 2018 Contact: Remko Dieker Secretary to the Managing Board T: +31 20 557 51 80 I: www.kasbank.com Net result of EUR 5.1 million (H1 2017: EUR 8.5 million) Operating income of EUR 51.8
More informationCONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS. Quarter 1/2016. ProCredit Holding AG & Co. KGaA
CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Quarter 1/2016 ProCredit Holding AG & Co. KGaA 2 Consolidated Statement of Profit or Loss Note 31.03.2016 31.03.2015 Interest and similar income 101,289
More informationCredit Opinion: Sydbank A/S - DRAFT - In Progress or Approved Version. Global Credit Research. Ratings. Contacts. Key Indicators
Credit Opinion: Sydbank A/S - DRAFT - In Progress or Approved Version Global Credit Research Aabenraa, Denmark Ratings Category Outlook Bank Deposits Baseline Credit Assessment Adjusted Baseline Credit
More informationInterim Report
Interim Report 2018-06 Ikano Bank AB (publ) Interim Report, 30 June 2018 Results for the first half-year 2018 (Comparative figures in brackets are as of 30 June unless otherwise stated) Business volumes
More informationInterim Report as at 30 June 2017
Interim Report as at 30 June 2017 Key figures Income statement 1.1. 30.6.2017 1.1. 30.6.2016 1 Operating profit ( m) 515 633 Operating profit per share ( ) 0.41 0.51 Pre-tax profit or loss ( m) 292 593
More informationKfW Press Briefing Capital Markets 2017/2018. Frankfurt, 11 December 2017
KfW Press Briefing Capital Markets 2017/2018 Frankfurt, 11 December 2017 Key financial figures for KfW Group (IFRS) Business activities (in EUR bn) for the period 2015 2016 Q3 2017 Promotional business
More informationInterim Report as at 30 September
Interim Report as at 30 September 2018 Key figures Income statement 1.1. 30.9.2018 1.1. 30.9.2017 1 Operating profit ( m) 1,020 1,128 Operating profit per share ( ) 0.81 0.90 Pre-tax profit or loss ( m),020
More informationof the DZ BANK June 30, 2008
Member of the cooperative financial services network Semi- Regulatory Semi-Annual Annual Risk Report of Risk the Report DZ BANK banking group of the DZ BANK banking June 30, 2008 group Achieving more together.
More informationImplementing EU financial instruments in a national context
Implementing EU financial instruments in a national context David Denzer-Speck Head of the KfW Liaison Office, Brussels European Parliament, 19 June 2017 Bank aus Verantwortung Agenda 1 KfW at a glance
More informationInvestor Relations Release
1/5 Investor Relations Release 30 August 2018 H1 2018: The DZ BANK Group reports profit before taxes of EUR 1.03 billion DZ BANK AG Deutsche Zentral- Genossenschaftsbank Investor Relations Robust operating
More informationGroup Risk Report Aktieselskabet Arbejdernes Landsbank CVR-no Copenhagen, Denmark
Group Risk Report 2017 Aktieselskabet Arbejdernes Landsbank CVR-no. 31 46 70 12 Copenhagen, Denmark Group Risk Report 2017 for Arbejdernes Landsbank Contents Risk management Overall risk management 4 Management
More informationFrankfurt am Main July 27, Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros
Release Frankfurt am Main July 27, 2016 Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments 20% lower revenues year-on-year
More informationKfW IPEX-Bank Your Partner for International Project and Export Finance
KfW IPEX-Bank Your Partner for International Project and Export Finance June 2014 Bank aus Verantwortung Where we come from KfW Financing with a public mission - for more than 60 years Name Mission KfW
More informationErste Group Bank AG H results presentation 30 July 2010, Vienna
Erste Group Bank AG H1 2010 results presentation, Vienna Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Bernhard Spalt, Chief Risk Officer Erste Group business snapshot
More informationIR / Press Release Amsterdam, 14 November 2014
IR / Press Release Amsterdam, 14 November 2014 ABN AMRO reports EUR 450 million underlying net profit in Q3 2014 ÅÅ Underlying net profit increased by EUR 161 million, or 56%, compared with Q3 2013 ÅÅ
More informationInternational Monetary and Financial Committee
International Monetary and Financial Committee Twenty-Ninth Meeting April 12, 2014 Statement by Siim Kallas, Vice-President of the European Commission On behalf of the European Commission Statement of
More informationSecond Quarter Results Casper von Koskull, President and Group CEO
Second Quarter Results 2017 Casper von Koskull, President and Group CEO Disclaimer This presentation contains forward-looking statements that reflect management s current views with respect to certain
More informationOperating income increased by 4% to EUR 53.6 million (H1 2016: EUR 51.6 million)
Date: 8 th September 2017 Contact: Remko Dieker Secretary to the Managing Board T: +31 20 557 51 80 I: www.kasbank.com Net result of EUR 8.5 million (H1 2016: EUR 0.9 million) Operating income increased
More informationKfW Research. Economic Observer. No. 3, April 2003.
KfW Research. No. 3, April 2003. Economic Observer. Page 2: KfW s Management Succession Finance for Small and Medium-sized Enterprises. Page 7: Business Finance in Rough Waters. KFW S MANAGEMENT SUCCESSION
More informationInterim Report as at 31 March
Interim Report as at 31 March 2018 Key figures Income statement 1.1. 31.3.2018 1.1. 31.3.2017 1 Operating profit ( m) 289 330 Operating profit per share ( ) 0.23 0.26 Pre-tax profit or loss ( m) 289 330
More informationDEG in Brazil - Financing for growth and development
DEG in Brazil - Financing for growth and development Our business: Financing for Development Who we are: The German Development Finance Institution for the promotion of private companies in developing
More informationInformation of Prudential Relevance Pillar III 3Q 2017
Information of Prudential Relevance Pillar III 3Q 2017 1. Introduction... 3 2. Total eligible capital... 4 3. Capital requirements information... 6 4. Main risk weighted assets variations... 9 5. Leverage
More informationErste Group Bank AG Annual results 2012
Erste Group Bank AG Annual results 2012 Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Gernot Mittendorfer, Chief Risk Officer Presentation topics Erste Group s development
More informationNomura Financial Services Conference London, 29 August Jan Erik Back, CFO
Nomura Financial Services Conference London, 29 August 2012 Jan Erik Back, CFO SEB s strategy remains firm Universal bank in Sweden and the Baltics Corporate bank in the Nordics, Germany and internationally
More informationInterim report Q2 2017
Q2 Strong results despite increased investments for future growth and profitability April June Total revenue increased 5 per cent to SEK 686m (655). Profit before tax excluding items affecting comparability
More informationthe DZ BANK Banking Regulatory Risk Report Risk of Report the DZ BANK Banking Group December 31, 2007
Member of the cooperative financial services network Regulatory Risk Report Risk of Report the DZ BANK Banking Group the DZ BANK Banking December 31, 2007 December 31, 2007 II Regulatory Risk Report of
More informationEU Bank Capital Requirements Regulation and Directive
EU Bank Capital Requirements Regulation and Directive [15-04-2013-19:25] The EU Capital Requirements Regulation (CRR) and Directive (CRD) aim to stabilise and strengthen the banking system by making banks
More informationDemag Cranes: Decrease in Business in the Third Quarter of Financial Year 2008/2009 due to Continuing Economic Crisis Countermeasures Initiated
PRESS RELEASE Demag Cranes: Decrease in Business in the Third Quarter of Financial Year 2008/2009 due to Continuing Economic Crisis Countermeasures Initiated Economic Environment Continues To Be Weak Different
More informationHSBC TRINKAUS & BURKHARDT AG 2012 PRELIMINARY RESULTS
The following text is the English version of a news release issued in Germany by HSBC Trinkaus & Burkhardt AG, an 80.6% indirectly owned subsidiary of HSBC Holdings plc. 6 March 2013 HSBC TRINKAUS & BURKHARDT
More informationDisclosure Report as at 30 September
Disclosure Report as at 30 September 2018 in accordance with the Capital Requirements Regulation (CRR) Contents 3 Introduction 4 Equity capital, capital requirement and RWA 4 Capital structure 4 Capital
More informationPOSTBANK GROUP PILLAR 3 REPORT
POSTBANK GROUP PILLAR 3 REPORT PILLAR 3 REPORT Regulatory disclosure Postbank has been part of the Deutsche Bank banking group since December 2010 and has published all information relevant to regulatory
More informationEuropean Investment Bank and France Stratégie Workshop, 11 March 2016, Paris Fact Finding on Investment and the Investment Gap in France and in Europe
European Investment Bank and France Stratégie Workshop, 11 March 2016, Paris Fact Finding on Investment and the Investment Gap in France and in Europe 01/04/2016 Christoph Weiss The EIB co-organised a
More informationEuropean Middle Market
European Middle Market status quo & future development Tobias-Friedrich Andres IACPM Spring General Meeting 2007 June 14th, 2007 Part I SME secondary market a status quo European SME-Sector Overview Asset
More informationDeutsche Bank Management Report 28 Interim Report as of September 30, 2014 Risk Report Introduction
Deutsche Bank Management Report 8 Introduction Risk Report Introduction Risk Management Framework The wide variety of our businesses requires us to identify, measure, aggregate and manage our risks effectively,
More informationManagement Report and Financial Statements 2018
Management Report and Financial Statements 2018 Key figures of KfW Overall activities of KfW 2018 2017 2016 EUR in millions EUR in millions EUR in millions Financial statements Volume of business 567,019
More informationInternational Conference on Local Pharmaceutical Production in Africa
DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh International Conference on Local Pharmaceutical Production in Africa Cape Town April 4-6, 2011 Zubair Suliman Our business is developing. DEG
More informationARGENTA CONTINUES TO BUILD ITS SUSTAINABLE, CUSTOMER-FOCUSED
ARGENTA CONTINUES TO BUILD ITS SUSTAINABLE, CUSTOMER-FOCUSED FUTURE. Financial results 2018 Argenta Bank- en Verzekeringsgroep achieved a satisfactory result in 2018, against a background of continuing
More informationDie norddeutsche Art. Disclosure Report in accordance with the EU Capital Requirements Regulation (CRR)
Die norddeutsche Art. Disclosure Report in accordance with the EU Capital Requirements Regulation (CRR) as at 30 June 2015 2 Disclosure Report Content Disclosure Report Content 3 1 Preamble 5 2 Capital
More informationDeutsche Bank. Interim Report as of September 30, 2012
Deutsche Bank Interim Report as of September 30, 202 Deutsche Bank Interim Report as of September 30, 202 Deutsche Bank The Group at a glance Nine months ended Sep 30, 202 Sep 30, 20 Share price at period
More informationBayernLB Group Q results
BayernLB Group Q3 2013 results Good performance in core business and solid capital base Stephan Winkelmeier, CFO 13 November 2013 Agenda 1 Core statements and key figures 3 Page 2 Financial performance
More informationSydbank s Interim Report Q1-Q3 2018
S Y D B A N K I N T E R I M R E P O R T Q 1 - Q 3 2 0 1 8 2/42 Sydbank s Interim Report Q1-Q3 2018 Q1-Q3 2018 is characterised by strong credit quality, improved customer satisfaction as well as lower
More informationSydbank s Interim Report Q1 2018
SYDBANK INTERIM REPORT Q1 2018 2/40 Sydbank s Interim Report Q1 2018 Satisfactory result return on shareholders equity of 14.8% p.a. after tax Sydbank has delivered a satisfactory performance for the first
More informationEuropean economy outlook and ship finance trends
European economy outlook and ship finance trends Ferry Shipping Summit 2018 22 March 2018 Tanja Georg Assistant Vice President Maritime Industries Bank aus Verantwortung Agenda 1. European Economy Outlook
More informationFINANCIAL INFORMATION
FINANCIAL INFORMATION AS AT 31 MARCH 2016 2016 FINANCIAL INFORMATION STRONG FOR ENTREPRENEURS KEY FIGURES INCOME STATEMENT ( m) January March 2016 January March 2015 Net income before restructuring 40
More informationIR release 4 th November, 2011
IR release 4 th November, 2011 Commerzbank: Net result at minus EUR 687 m in the third quarter of 2011 Operating result in the Group minus EUR 855 m, in the Core Bank plus EUR 851 m EUR 798 m impairments
More informationNordax Group AB (publ) Combined financial statements 1 January 31 December 2012, 2013, 2014
Nordax Group AB (publ) Combined financial statements 1 January 31 December 2012, 2013, 2014 Contents Income statement...2 Statement of financial position...3 Cash flow statement...4 Statement of changes
More information