Frankfurt / Main (ots) - - KfW IPEX-Bank is providing nearly EUR 100 million for the construction of the world's largest combined cycle power plant (net capacity approximately four gigawatts) - Key technology is being provided from Germany to deliver the highest efficiency with reduced carbon emissions - The project represents a major boost for exports from Siemens to ...
Frankfurt am Main (ots) - - Mandated lead arrangers: EIB, KfW IPEX-Bank, LBBW and NIBC Bank N.V. - Debt capital financing amounting to EUR 138 million - Renewable power from the Baltic Sea for 50,000 households Already since May 2011 the wind farm EnBW Baltic 1 has been delivering green power from the Baltic Sea - since Friday its long-term financing is also in place: ...
Wiesbaden (ots) - - Third-quarter consolidated operating profit up 42 per cent year-on-year, to EUR 47 million - At EUR 138 million, nine-month consolidated operating profit already exceeds the full-year figure for 2010 - Tier 1 ratio at 16.6 per cent - core Tier 1 ratio at 11.5 as at 30 September 2011 ...
Frankfurt am Main (ots) - The owners of Landesbank Hessen-Thüringen (Helaba) - the State of Hesse, the Free State of Thuringia and the Savings Banks and Giro Association Hesse-Thuringia (Sparkassen- und Giroverband Hessen- Thüringen - SGVHT) - over the last weekend agreed on contractual terms and conditions to ...
Berlin (ots) - Press Release by environmental NGO Urgewald and Climate Alliance Germany Former Kolubara coal mine manager Dragan Tomic and 16 other suspects arrested for allegedly embezzling EUR 12mn / NGO-network calls upon German government to stop loans for Serbian lignite mine Kolubara On October 4th 2011 former Kolubara coal mine Manager Dragan Tomic and 16 other suspects were arrested on suspicion of having ...
Frankfurt am Main (ots) - - Innovative financing of a PPP project - executed by VINCI and Royal BAM - Improving transport infrastructure and economic development in Eastern Germany - Expanding the Trans-European Network (TEN) KfW IPEX-Bank together with Spain's Banco Bilbao Vizcaya Argentaria (BBVA) is financing the refurbishment, operation and maintenance of a 46.5 km section of the A9 motorway in the eastern German ...
Frankfurt am Main (ots) - - Innovative low-emission LNGgas-powered engines contribute to improving environmental and climate protection in shipping - Development of a liquefied natural gas infrastructure in Europe - Support of German export economy, shipbuilding sector in Mecklenburg-Pomerania Germany and the domestic Ship supplying industry KfW IPEX-Bank is financing ...
Frankfurt am Main (ots) - - Projects in Singapore and India: German energy know-how leads globally - KfW IPEX-Bank contributes to international marketing - Highly efficient technology enables reduced CO2 energy production - Supports the German export economy while contributing to climate protection On Jurong Island in Singapore, one of the most modern gas and steam power plants is currently being built. The Indian GMR ...
Wiesbaden (ots) - - Consolidated operating profit up by 42 per cent year-on-year, to EUR 44 million - Tier 1 ratio at 15.8 per cent as at 30 June 2011 / Core Tier 1 ratio at 11.0 per cent - Full-year outlook for 2011 affirmed Aareal Bank Group's successful business development continued into the second ...
Frankfurt am Main (ots) - - KfW IPEX-Bank structures and finances Metro line in Santo Domingo, Dominican Republic - Complete railway electrification and railway automation systems to be supplied by a consortium led by Siemens - Support for important export transaction - Helps improve traffic situation in the metropolis and develop environmentally sound and efficient ...
Frankfurt am Main (ots) - - EUR 9.3 billion in new commitments to support the German and European export industry - Net income of EUR 145 million for KfW IPEX-Bank GmbH - EUR 889 million as outstanding contribution to the consolidated earnings of KfW Bankengruppe and to ensuring KfW's promotional capacity - Focus in 2011: Accompanying domestic enterprises in global markets KfW IPEX-Bank completed the past financial year ...
Wiesbaden (ots) - - Further enhancements to results anticipated, following the successful financial year 2010 - Business development on schedule during early 2011 - positive outlook affirmed - CEO Dr Wolf Schumacher: "We are determined to consistently exploit our competitive edge, and to further expand our market position" Following its successful ...
Wiesbaden (ots) - - Consolidated operating profit up by 54 per cent, to EUR 134 million - New business generated in the Structured Property Financing segment grows from EUR 3.8 billion to EUR 6.7 billion - Performance of the Consulting/Services segment remains on track - Strong fourth quarter - ...
Wiesbaden (ots) - - Tier 1 ratio expected to be 12.9 per cent* as at 31 December 2010 according to the A-IRBA (10.5 per cent* according to the CRSA) - Core Tier 1 ratio excluding hybrid capital and SoFFin silent participation of 8.1 per cent* as at 31 December 2010 - Chief Financial Officer Hermann J. Merkens: ...
Frankfurt am Main (ots) - KfW IPEX-Bank again provided significant support to the German shipbuilding industry in 2010 by extending financing for 19 ships for export. With its many years of experience and structuring competence as one of the largest ship financiers in the world, KfW IPEX-Bank substantially contributed to winning export contracts with a total volume of EUR 2.4 billion. In terms of new ships, these involve ...
Frankfurt am Main (ots) - Response to the growing demand for rail vehicles from private rail operators Contribution to the strengthening of transport infrastructure Railpool is further expanding its fleet of locomotives. Yesterday the Munich-based rail rolling stock leasing company ordered a total of 42 locomotives from Bombardier and Siemens which will be delivered until mid-2013. 36 of these locomotives are the well ...
Frankfurt am Main (ots) - - KfW IPEX-Bank arranges export financing of Volkswagen vehicles converted into ambulances by WAS - Contribution to a change for the better in ambulatory care for the rural population in Ghana KfW IPEX-Bank finances the conversion of more than 150 Volkswagen vans into ambulance vehicles and mobile clinics and their delivery to the Republic of Ghana. The loan agreement was signed in December and ...
Frankfurt am Main (ots) - KfW IPEX-Bank officially opened its new representative office in Abu Dhabi on 28 November 2010. With this step the bank emphasizes the great importance of the region and at the same time expands its network of international locations. In the presence of the Senior Executive Director of the Central Bank of the United Arab Emirates, Mr Saeed ...
Wiesbaden (ots) - The Supervisory Board of Aareal Bank AG has appointed Dirk Große Wördemann as a new member of the Aareal Bank AG Management Board responsible for international markets in Aareal Bank's Structured Property Financing segment. He will take over the responsibilities of Norbert Kickum who ...
Wiesbaden (ots) - Norbert Kickum, who, as a member of the Management Board, has been responsible for Aareal Bank's property financing business on international markets, has left the bank with effect from 31 October 2010. His departure is for purely personal reasons, by amicable and mutual consent. Aareal Bank will announce a successor shortly. Norbert ...
Wiesbaden (ots) - - Nine-month operating profit already exceeds full-year 2009 results - Aareal Bank has thus achieved a key objective for the current financial year - Full-year forecasts raised for key financial indicators - Consolidated operating profit of EUR 33 million, up from EUR 21 million in Q3 2009 - Allowance for credit losses of EUR 32 million ...
Frankfurt am Main (ots) - A European banking consortium led by KfW-IPEX Bank has secured commitments for Norwegian Cruise Line (Norwegian) based in Miami to finance two cruise vessels to be built by the shipyard Meyer Werft in Papenburg, Germany. A group of five lead arrangers, consisting of Deutsche Schiffsbank, ...
Frankfurt am Main (ots) - KfW IPEX-Bank in a consortium with other international banks and The Export-Import Bank of Korea signed financing agreements in excess of USD 1.3 billion for two Independent Power Projects (IPP), Sohar 2 and Barka 3, in Oman on 16 September. Both projects are modern, energy efficient, gas-fired combined-cycle plants and will be built by a ...
Wiesbaden (ots) - - Second-quarter consolidated operating profit rises to EUR 31 million (Q2 2009: EUR 19 million) - Allowance for credit losses of EUR 33 million remains at a manageable level - New Structured Property Financing business expanded to EUR 1.6 billion - Consulting/Services segment: Aareon ...
Wiesbaden (ots) - - First repayment tranche will amount to EUR 150 million - Chairman of the Management Board, Dr Wolf Schumacher stated: "This demonstrates the strength and soundness of our business model and good capitalisation" - Funding ...
Wiesbaden (ots) - The Annual General Meeting of Aareal Bank AG has adopted all resolutions proposed by the Management Board and the Supervisory Board with a large majority. These included resolutions to establish new Authorised Capital, and an authorisation of the Management Board to issue convertible bonds or bonds with warrants. These resolutions represented global ...
Frankfurt am Main (ots) - KfW IPEX-Bank will finance two state-of-the-art RoPax ferries which will be built by the German shipyard Volkswerft Stralsund for the German-Danish ferry operator Scandlines. The newbuildings are not only very important for the utilisation of the Volkswerft Stralsund shipyard's capacities. The shipyard group also regards this order as one of the most important milestones for developing new ...
Wiesbaden (ots) - - First-quarter consolidated operating profit rises to EUR 30 million (Q1 2009: EUR 24 million) - Allowance for credit losses of EUR 32 million remains at a manageable level - New Structured Property Financing business increased to EUR 1.3 billion - Consulting / Services segment continues to show robust business development - deposit ...
Wiesbaden (ots) - - Market environment is expected to gradually improve, returning to normal as of 2012 - Outlook for 2010 confirmed - first-quarter performance on schedule - Sound results achieved in 2009 - CEO Dr Wolf Schumacher: "We are well-positioned to master the current challenges we face, and to consistently exploit future ...
Wiesbaden (ots) - International prizewinners acclaimed for outstanding work in real estate economics Wiesbaden, 26 February 2010 - The Real Estate Management Institute (REMI) of the European Business School (EBS) and Aareal Bank AG have awarded the Aareal Award of Excellence in Real Estate ...
