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 ...
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 ...
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 ...
Wiesbaden (ots) - - Profit before taxes of EUR 86 million for the full year 2009 - 23 million for the fourth quarter - Allowance for credit losses of EUR 150 million, in line with projections - Tier 1 ratio of 11.0% pursuant to the Credit Risk Standard Approach (CRSA) - Initial partial ...
Wiesbaden (ots) - - Operating profit before taxes of EUR 25 million in line with the previous quarter - Structured Property Financing: allowance for credit losses remains at a clearly manageable level - Consulting/Services showing robust ...
