Investitionsbank des Landes Brandenburg (ILB) was established on 31 March 1992 as an institute incorporated under public law.
|
|
- Roland Lamb
- 7 years ago
- Views:
Transcription
1 / Englisch / Facts and Figures Facts and Figures Investitionsbank des Landes Brandenburg Investitionsbank des Landes Brandenburg (ILB) was established on 31 March 1992 as an institute incorporated under public law. As the central investment and development bank of the federal state of Brandenburg, we operate in the business, infrastructure and housing sectors. We cooperate closely with savings banks as well as cooperative and private banks. Since 1 January 2013, the Board has been made up by Mr Tillmann Stenger (Chairman), Ms Jacqueline Tag and Ms Gabriela Pantring. The federal state of Brandenburg and NRW.Bank each hold a 50% stake in ILB. Investment and development business in general ILB's investment and development business includes the execution of support programmes in behalf of the federal state of Brandenburg as well as ILB's own products in the business, infrastructure and housing sectors. In 2012, ILB pledged almost half of the promotional funds for the business sector. The second most important support area is infrastructure (36 percent), followed by housing (16 percent). Investitionsbank des Landes Brandenburg (ILB) can look back on a successful financial year The bank's result and the result of the bank's investment and development business were on the same high level as during the previous years. The support portfolio was fully utilised by enterprises, municipalities and the housing sector. ILB's support loans, which are issued via the customers' banks and savings banks, were in particularly high demand, as were grants for the commercial sector and loans for financing housing projects. In 2012, ILB approved loans and grants totalling 1.04bn for a total of 3,843 projects. The ongoing expansion of ILB's products continues. Their share totals 631m or 61 percent of total commitment. This trend increases year by year both in terms of the number of projects supported and in terms of commitment volume. Development of the bank's result Balance sheet sum 13.1bn 13.0bn 12.1bn Net income for the year 11.6m 11.2m 5.9m Allocation to the ILB promotional fund Employees (as per 31 Dec.) 10.0m 10.0m 10.0m This preliminary annual balance sheet for the year 2012 shows that ILB managed to continue the positive trend of previous years. The balance sheet sum of 13.1bn was on the same high level as for the previous year. ILB will be able to increase liable equity by around 26m to 420m. After 2011, the bank has thus taken another important step towards fulfilling the equity requirements, which are set to become more restrictive in the future, without 2016 ILB Seite 1 von 6
2 having to rely on external resources. In the previous year, ILB had already increased its visible equity by a total of 125m. In 2012, the business development bank recorded a very good result of 53.2m both before and after risk provisions and the formation of reserves. The ILB promotional fund, which was created with the aim of lowering interest rates of the Brandenburg loan family, will be increased in 2013 by 10m to a total of then 57.5m. Thanks to the ILB promotional fund, ILB will be able to offer particularly low-interest promotional loans to mediumsized enterprises, the agricultural sector, as well as municipalities and the housing sector. Promoting Brandenburg Development of business support activities ILB's business support activities includes the execution of support programmes on behalf of the federal state of Brandenburg as well as offering ILB's own products in the business, infrastructure and housing sectors. ILB recorded a good 2012 financial year despite a difficult market environment. The bank pledged funds of more than one billion euros for 3,843 projects. Business support activities thus remained on the same high level as in previous years. Enterprises, municipalities and the housing sectors made full use of the support and promotional funds on offer in ILB's support loans, which are issued via customer banks and savings banks, were in particularly high demand, as were grants for the commercial sector. ILB pledged almost half of its promotional funds for the business sector. The second most important support area was infrastructure with 36.0 percent, followed by housing with 16.3 percent. Two thirds of promotional funds were made available as loans, the balance as grants. In the business sector alone, promotional funds of 495.7m triggered investment of more than 1.2bn in This also meant the creation of 2,000 new and the protection of 23,500 existing jobs. This positive result was achieved despite the special boundary conditions that prevailed in 2012: The current funding period of the European Regional Development Fund (ERDF) will come to its scheduled end in 2013 so that part of these funds have already been earmarked. Accounts for the measures supported will have to be rendered by the end of 2014 so the number of new major projects launched in 2012 was smaller than in previous years. Other influences included amendments to the Energy Feed Law and lower demand for biogas and biomass plants. ILB is expanding its role as the central investment and development bank of the federal state of Brandenburg. It does so by including an increasing number of self-funded programmes in its portfolio of promotional and support activities in the form of management services. In 2012, the share of ILB products, including KfW loan forwarding business, totalled 631.0m and hence accounted for 60.7 percent of overall approval volume. The share of ILB products increased continuously in terms of the number of projects supported and in terms of commitment volume. ILB's Brandenburg loans In order to make the terms and conditions for promotional and support offerings in Brandenburg even more attractive, ILB has established a promotional fund fed by its own revenues that enables low-interest loans to e granted as part of the "Brandenburg loan" family. From its 2012 revenues, the bank allocated another 10m to the fund which thus records a total volume of 57.5m so far. With this fund, ILB makes available to medium-sized enterprises, farmers, municipalities and the housing sector parts of the revenue which the bank has generated. The continuous expansion of ILB products will continue and increasingly supplement the federal state's business promotion policy. The volume of promotional funds pledged under the Brandenburg loan family totalled 274.5m in 2012 and was thus 31.1m higher than in the previous year. Since the introduction of the Brandenburg loan brand, ILB has approved more than 3,300 Brandenburg loans representing a volume of around 1.5bn and contributed additional funds from its promotional funds in order to enable lower interest rates ILB Seite 2 von 6
3 Business ILB supports commercial enterprises, start-ups and freelancers as well as media businesses and farmers. Customers are, first and foremost, the Ministries for Economic and European Affairs as well as Ministries for Infrastructure and Agriculture of the federal state of Brandenburg. In addition to funding offered within the scope of support programmes and business promotion guidelines, ILB also offers its own range of products. As a partner of the federal state of Brandenburg, ILB once again supported the implementation of the federal state's political aims in These include not just support for start-ups and existing medium-sized enterprises, but also measures to strengthen industrial kernels in Brandenburg. ILB's role is very versatile in this field and starts as early as during the start-up phase: Together with Investitionsbank Berlin (IBB), ILB organises Deutsche Gründer- und Unternehmertage (degut), one of Germany's largest trade shows for start-ups and founders. Furthermore, ILB has joined forces with IBB and Unternehmensverbände in Berlin und Brandenburg (UVB) to organise the Berlin-Brandenburg business plan competition (BPW) and additionally advises Lausitzer Existenzgründerwettbewerb (LEX) as a start-up and founder competition. In 2012, more than 7,400 people availed themselves of these start-up initiatives "Brandenburg loan" product family (from ILB funds) "Renewable energies" Brandenburg loan 91.6 Brandenburg loan for rural areas 83.1 Brandenburg loan for municipalities 39.3 Brandenburg loan for medium-sized enterprises 39.2 Brandenburg loan for energy-efficient residential buildings Brandenburg mezzanine loan (from ILB and ERDF funds) Promotional funds in m Brandenburg micro loan 0.3 ILB supports existing enterprises in the region within the scope of business management services and additionally offers an increasing number of its own products fed from ILB's own promotional fund. The bank is thus making an important contribution towards implementing the strategic change in the federal state of Brandenburg to repayable promotional funds for enterprises. As a result of its economic policy, the federal state of Brandenburg managed to keep employment on a stable level in With a current self-employment rate of 12.8 percent, the federal state of Brandenburg once again ranks number one among the east German federal states and is above the national average. ILB was able to pledge in full the volume of funds earmarked by the federal state for business promotion in 2012, i.e. a sum of 242.5m. The funds pledged totalled 495.6m and 2,065 projects were supported. ILB products accounted for 253.2m, i.e. more than half of the volume of funds pledged in The common task "improvement of regional economic structure" (GRW-G) was once again the largest programme for promoting commercial business in Brandenburg. The budget funds available from the ERDF, the federal government and the federal-state government totalling 141.4m were fully approved and pledged by ILB, thereby enabling capital investment of 677.6m. This means that conventional grant business will continue to be supplemented by junior loans from ERDF funds. First reflows of ERDF funds were already generated and will be used again to strengthen mediumsized enterprise structures in the federal state of Brandenburg. Business support schemes to promote efficient energy use, to open up markets, for consolidation and site strengthening measures as well as for networks and innovative founders and start-ups were in strong demand. Support volumes pledged by ILB were sometimes more than twice as high as in the previous year ILB Seite 3 von 6
4 The support volume of 25.1m in 2011 from the European Agricultural Fund for investment projects by individual farmers increased to The investment volume rose significantly against the previous year, i.e. from 86.1m to 125.6m. ILB supports existing enterprises in the region within the scope of business management services and additionally offers an increasing number of its own products fed from ILB's own promotional fund. The bank is thus making an important contribution towards implementing the strategic change in the federal state of Brandenburg to repayable promotional funds for enterprises. As a result of its economic policy, the federal state of Brandenburg managed to keep employment on a stable level in With a current self-employment rate of 12.8 percent, the federal state of Brandenburg once again ranks number one among the east German federal states and is above the national average. ILB was able to pledge in full the volume of funds earmarked by the federal state for business promotion in 2012, i.e. a sum of 242.5m. The funds pledged totalled 495.6m and 2,065 projects were supported. ILB products accounted for 253.2m, i.e. more than half of the volume of funds pledged in The common task "improvement of regional economic structure" (GRW-G) was once again the largest programme for promoting commercial business in Brandenburg. The budget funds available from the ERDF, the federal government and the federal-state government totalling 141.4m were fully approved and pledged by ILB, thereby enabling capital investment of 677.6m. This means that conventional grant business will continue to be supplemented by junior loans from ERDF funds. First reflows of ERDF funds were already generated and will be used again to strengthen medium-sized enterprise structures in the federal state of Brandenburg. Business support schemes to promote efficient energy use, to open up markets, for consolidation and site strengthening measures as well as for networks and innovative founders and start-ups were in strong demand. Support volumes pledged by ILB were sometimes more than twice as high as in the previous year. The support volume of 25.1m in 2011 from the European Agricultural Fund for investment projects by individual farmers increased to The investment volume rose significantly against the previous year, i.e. from 86.1m to 125.6m. Technology support programmes fared as expected. The portfolio for research and development projects at small and medium-sized enterprises (SMEs) was reorganised in May The new rules led to a slight decline in the number of new applications and in the volume of funds pledged. The "ProViel" programme increased more than four-fold against the previous year, so that a volume of 1.2m was pledged. The volume of promotional funds under the "innovation voucher" programme increased significantly compared to Berlin-Brandenburg is Germany's top film location. Every year, more than 300 films are produced in the region. Media promotion and support programmes are thus of particular relevance for ILB. On behalf of the federal states of Berlin and Brandenburg, ILB, in its capacity as a trustee for Medienboard Berlin-Brandenburg GmbH, manages the promotional measures of the film support fund. In 2012, support and promotional funds made available through Medienboard Berlin-Brandenburg GmbH totalled 26.8m and hence remained flat against the previous year. Although funds pledged under the programme for the intermediate financing of film and TV productions fell from 14.6m in 2011 to 10.5m in 2012, the number of projects supported with these funds totalled 28 and was hence significantly higher than in the year before. Gap financing designed to bridge financing gaps in film and TV projects, where ILB shares risks on a pro-rata basis, remained largely on the same level as in the previous year. When it comes to cooperating with the applicants' banks, ILB's cooperation with banks from all groups was competition-neutral. Cooperation with savings banks in the federal state is of special importance. The bank acts as the lead institute and handles and executes promotional programmes by KfW Bankengruppe. In 2012, ILB pledged 25.8m in KfW loans for businesses to be distributed through savings banks in Brandenburg. In 2012, ILB's equity capital firms once again did much to support equity financing of growth and innovation orientated enterprises in Brandenburg. The money for the funds created on behalf of the Ministry for Economic and European Affairs are made available through the ERDF (75 percent) and the federal state of Brandenburg (25 percent), providing SMEs with additional possibilities to raise equity. Around 450 jobs were created or secured with investment facilitated by the funds. Out of funds from BFB Wachstumsfonds Brandenburg GmbH, ILB has already pledged 25.0m for 19 enterprises, including 5.2m for 13 financing projects in Frühphasenfonds Brandenburg was launched in Since then, 12.5m has been approved from the fund to finance a total of 14 participations, including 2.5m for three enterprises in The Brandenburg mezzanine loan additionally provides SMEs with equity-near junior loans. In 2012, ILB pledged seven mezzanine loans representing a total volume of 6.5m. In addition to its portfolio of funds, ILB also structures and finances important projects for the 2016 ILB Seite 4 von 6
5 federal state of Brandenburg. In order to fulfil these tasks, ILB has established property companies which promote the development of selected real property projects and sites in the federal state of Brandenburg. Infrastructure ILB supports projects by municipalities, special-purpose municipal associations and enterprises as well as social, scientific, cultural and educational institutions. Customers include, first and foremost, the Ministries of Education, Youth and Sports, as well as Science, Research and Culture and the Ministry of Infrastructure and Agriculture of the federal state of Brandenburg. ILB also offers its own promotional products and supports the promotional policy of Brandenburg in the field of infrastructure. Education, science and research are focal political areas. Promotional activities on behalf of the federal state government focused on the further development of scientific infrastructure, intensification of science and technology transfer, capacity building in research and development as well as the provision of municipalities with sufficient care facilities for children under the age of three. In 2012, ILB once again supplemented the promotional funds provided on behalf of the federal state with low-interest loans as part of the Brandenburg loan programme for municipalities. These enable municipalities and special-purpose municipal associations, for instance, to implement science projects as well as measures for further development and site development programmes. ILB also provided finance for social projects, for instance, in the hospital sector. Business support activities for infrastructure projects fared nicely in A total sum of 374.9m was pledged, 10.0m more than in The volume of promotional funds committed on behalf of the ministries declined against the previous year. This was mainly due to the fact that the current ERDF funding period is coming to an end. In contrast to this, the volume of ILB promotional products increased significantly from 192.7m in 2011 to in ILB products thus accounted for almost two thirds of the total volume of promotional funds in With 28.7m, the "common task for the development of business-related municipal infrastructure" (GRW-I) once again accounted for the largest volume of programmes managed whilst among the ILB products, infrastructure financing programmes totalled 107.6m and thus represented the largest promotional volume. Promotional and support measures for science, research and culture totalled 20.3m and were hence flat against the previous year. Especially the number of projects supported by programmes to promote knowledge and technology transfer as well as e-knowledge and e-learning increased against The volume of promotional funds under the university investment programme remained below the previous year's level because the approval moratorium of the federal state was not lifted until October Promotional funds for agricultural research sites were in strong demand, so that the volume in 2012 totalled 8.3m and was hence 3.0m above the previous year's figure. Promotional funds in the fields of education, youth and sports increased significantly from 11.9m in 2011 to 19.7m in Commitments to create more child care places almost doubled to 14.3m. The joint promotional efforts by the federal government and the federal state will now be extended into 2013 and provided with more money in order to comply as quickly as possible with the legal obligation to offer all parents a child care place for children aged three and over. Urban development support from ERDF funds to facilitate sustainable urban development was continued in 2012 with a sum of 28.5m and was hence flat against the previous year. Housing ILB supports the municipal, cooperative and private housing sector as well as private home construction. The customer in this case is the Ministry of Infrastructure and Agriculture of the federal state of Brandenburg. In this business field too, ILB is increasingly offering its own promotional products as a supplementary measure. Just like in previous years, ILB once again supported the federal state government in 2012 with a view to sustainable support for investment in generation-compliant, social and energy-efficient housing. Thanks to the focus on inner-city neighbourhoods with sustainable development prospects, it was possible to further revitalise city centres in Brandenburg and to ensure a well-balanced social mix. The federal state has embarked on 2016 ILB Seite 5 von 6
6 this strategy in order to address the increasingly diverse demand for housing in the different regions of its territory. The cooperation agreement between ILB and a municipal housing association concerning rent caps and occupancy commitments met with nation-wide interest. In this way, occupancy commitments for around 3,000 leasehold flats have been secured for another ten years. It is currently being examined as to whether this model can be applied to other tight residential markets too. The volume of funds pledged for housing development measures increased by 13.1m to 169.4m in ILB products recorded particularly strong growth: With 148.5m, this volume was 28.5m above the previous year's level, accounting for 87.7 percent of the total promotional funds available for the housing sector. Promotional funds pledged for leasehold construction totalled 89.3m in 2012 and were thus slightly below the previous year's figure. This was due to a reduction in funds available to the federal-state government. In contrast to this, the volume pledged for ILB products in the field of leasehold property remained at 69.7m and was hence flat against Promotional measures for modernisation and repair of leasehold flats totalled 17.2m. ILB products of supplementary loans for the construction of leasehold flats amounted to 34.8m and once again accounted for the largest volume of management programmes. Due to the application moratorium for almost all freehold property promotional measures that came into effect in the federal state of Brandenburg on 1 December 2011, new business generated in 2012 was only limited. Promotional programmes for freehold property are to be offered again in The volume of funds pledged showed a generally positive trend. ILB products, especially those passed on on behalf of other lenders, were in strong demand so that the results of the previous year were clearly exceeded. Outlook: Especially the end of the current ERDF funding period will determine the development of promotional business for enterprises and infrastructure projects in Projects supported during the current 2007 to 2013 programming period must be completed on schedule and accounts must be rendered to the European Commission. ILB is expecting further momentum for the residential sector in 2013: Firstly, the opening up of the federal state's assets for residential projects and the revision of the guidelines for support and promotional activities promise new momentum. Secondly, ILB is to offer the housing sector ILB's own Brandenburg loan "remodelling for the elderly" as another product for the residential product that is designed to supplement the promotional portfolio. ILB's task in 2013 will be to prepare the next EU programming period from 2014 to 2020 in such a manner that promotional and support offers will be available in the federal state of Brandenburg when the new period begins. These offers will focus on the EU's key topics regarding support for SMEs, innovation, carbon reduction measures as well as sustainable urban development. This will be linked to a marked reduction in the volume of ERDF funds available and a simultaneous revision of almost all EU regulations relevant for promotional and support measures and programmes. The challenge for the federal state government and ILB will be to avoid promotional gaps in areas which are vital for the federal state's interests. Against this background, ILB is planning to develop further promotional offers based on the Brandenburg loan family. The promotional bank will support its portfolio as part of its business management services with additional programmes which it will finance from its own resources. In this respect, ILB will specifically contribute its expertise and know-how when it comes to developing made-to-measure financing instruments. Besides the further expansion of the Brandenburg loan family in cooperation with KfW and Landwirtschaftliche Rentenbank, ILB will increasingly focus on EU offerings outside the EU structural funds. These offers are to be analysed and, whenever possible, used to provide liability relief in conjunction with ILB products. ILB will then share the risk of default with the European Investment Bank (EIB) or the European Investment Fund (EIF). Furthermore, ILB will also actively participate in the implementation of EU-compliant and at the same time lean administrative procedures in the interest of applicants. ILB Investitionsbank des Landes Brandenburg Tel.: Fax: ILB Seite 6 von 6
European Entrepreneurial Region ILB Financial Instruments for SMEs
Platz für Foto European Entrepreneurial Region ILB Financial Instruments for SMEs Tillmann Stenger, Potsdam, 31. May 2012 Agenda ILB: The Regional Development Bank of Brandenburg Key factors of ILB s success
More informationThird Quarterly Report 2006.
Third Quarterly Report 2006. KFW BANKENGRUPPE. Development of operations. In the first three quarters of 2006 the total financing volume of KfW Bankengruppe rose to EUR 51.8 billion, up by more than a
More informationFirst Quarterly Report 2008.
First Quarterly Report 2008. KFW BANKENGRUPPE. At the beginning of the year 2008 KfW adapted the reporting system of KfW Bankengruppe to take better account of the greater need for information about its
More informationTo refer to the key figures as you read, please fold out the next page.
Semi-Annual Report 2006 KFW BANKENGRUPPE. Development of operations. In the first half of 2006 the volume of financing commitments made by KfW Bankengruppe was, at EUR 33.3 billion, 45 % higher than in
More informationFirst Quarterly Report 2005.
First Quarterly Report 2005. FIRST QUARTER AT A GLANCE. Business Development of Kf W Bankengruppe: First quarter operations went according to plan. First quarter 2005 commitments of KfW Bankengruppe totalled
More informationOn the right track with IBB
On the right track with IBB www.ibb.de/en 1 Imprint Published by Investitionsbank Berlin Corporate Communications Bundesallee 210 10719 Berlin, Germany Telephone: +49 (0) 30 / 2125-0 Fax: +49 (0) 30 /
More informationSemi-Annual Report 2008.
Semi-Annual Report 2008. KFW BANKENGRUPPE. KfW s financing remains high. In the first half of 2008 KfW Bankengruppe was again able to keep its financing activities at the previous year's high level. This
More information2015 IBB Housing Market Report
2015 IBB Housing Market Report Summary www.ibb.de Foreword 1 Foreword Berlin s housing market still has enormous challenges to face. Demographic change has a strong hold on the market. As migration continues
More informationPromoting Economic and Social Cohesion in Europe
Promoting Economic and Social Cohesion in Europe The EIB helps to deliver growth, jobs and cohesion in Europe by supporting the implementation of EU regional policy. Through a mixture of loans and advisory
More informationThird Quarterly Report 2008.
Third Quarterly Report 2008. KFW BANKENGRUPPE. KfW Bankengruppe s financing business remained strong in the third quarter of 2008. Although the financial crisis placed an additional burden on the already
More informationPromoting Energy Efficiency in housing. KfW s experience and best practice
Promoting Energy Efficiency in housing KfW s experience and best practice KfW Bankengruppe Financing with a public mission Promotional bank of the Federal Republic of Germany Founded in 1948 as Kreditanstalt
More informationMONITORING COMMITTEE Operational Programme I. JEREMIE Criteria
MONITORING COMMITTEE Operational Programme I Investing in Competitiveness for a Better Quality of Life JEREMIE Criteria 20 th May 2010 Background JEREMIE is a joint initiative between, the EC, EIB and
More informationSmarter Business Guide to the European Investment Bank
Smarter Business Guide to the European Investment Bank Ireland s membership of the European Union (EU) has been a key factor in its recent development. Our membership will play a vital role in helping
More informationR&D Fund Reference Document. Supporting market-led innovation in manufacturing and internationally traded services companies.
R&D Fund Reference Document Supporting market-led innovation in manufacturing and internationally traded services companies. Revision date: 28th April 2016 http://www.enterprise-ireland.com/randd 1 Reference
More informationDear shareholders and business partners,
Quarterly Report 2013 bmp Quarterly Report 2013 Foreword Jens Spyrka Oliver Borrmann Dear shareholders and business partners, bmp media investors AG has made a good start to the new business year. Due
More informationAndreas Schüring, Federal Ministry for Economic Affairs and Energy
German Strategy for Energy-Efficient-Buildings & CO 2 -Rehabilitation Programme (operated by KfW on behalf of Federal Ministry for Economic Affairs and Energy, Germany) Andreas Schüring, Federal Ministry
More informationKfW Experience in Financing Grid- Connected Renewable Energy
KfW Experience in Financing Grid- Connected Renewable Energy International Grid-Connected Renewable Energy Policy Forum, Mexico City, February 1-3, 2006 Ulrich Schoppmeyer, KfW, Director Office for Central
More informationBIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK
fnr.de BIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK Berlin 24 Oct 2014 Vincent Pelikan Outline Bioenergy in Germany The Agency for Renewable Resources (FNR) A Success Story Status quo o Bioenergy as a
More informationLetter to shareholders 1. Quarter of
Letter to shareholders 1. Quarter of 216 JDC Group Financial Services Annual Report 27 2 Dr. Sebastian Grabmaier CEO Ralph Konrad CFO 3 Management Board letter to shareholders Dear Shareholders, Dear Business
More informationKfW Kommunalbank. New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant
KfW Kommunalbank New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant Dr. Kay Pöhler KfW Bankengruppe, Germany Urb.Energy Final Conference
More informationUnaudited Financial Report
RECRUITING SERVICES Amadeus FiRe AG Unaudited Financial Report Quarter I - 2015 Temporary Staffing. Permanent Placement Interim Management. Training www.amadeus-fire.de Unaudited Amadeus FiRe Group Financial
More informationBayernLB posts good operating income of EUR 597 million for the first half of 2009
BayernLB posts good operating income of EUR 597 million for the first half of 2009 Operating earnings rise to EUR 2,077 million Consolidated net income after taxes reaches EUR 359 million Return on equity
More information2014 IBB Housing Market Report
2014 IBB Housing Market Report Summary www.ibb.de Vorwort 1 Foreword The IBB Housing Market Report should offer all stakeholders a good insight into the situation and developments on Berlin s housing market.
More informationDB2020 guiding us toward the future Annual Results Press Conference 2014. Deutsche Bahn AG DB Mobility Logistics AG Frankfurt, March 27, 2014
DB2020 guiding us toward the future Annual Results Press Conference 2014 Deutsche Bahn AG DB Mobility Logistics AG Frankfurt, March 27, 2014 2013 Financial Year At a glance Weak development in 2013 2013
More informationPublic Private Partnership Projects in Germany
Public Private Partnership Projects in Germany A survey of current projects at federal, Land and municipal level Summary Commissioned by PPP Task Force at the Federal Ministry of Transport, Building and
More informationThe MLP Group The partner for all financial matters
The MLP Group The partner for all financial matters Dr. Uwe Schroeder-Wildberg, CEO July 2015 Agenda MLP at a glance Benefits for shareholders Key financials 2014 Impact of regulation Outlook MLP 3 7 14
More informationOrganic Action Plan for Denmark. Working together for more organics
Organic Action Plan for Denmark Working together for more organics 1 Preface Organic products have derived from biodynamic idealism in small health food stores to a natural and ordinary shopping choice
More informationTravel24.com AG. Quarterly Report Q1 2015
Travel24.com AG Quarterly Report Q1 2015 2 Selected Key Group Data January 1 - March 31 Change In thousands of euro 2015 2014 % Revenue 4,494 7,810-42 % EBIT 806 1,231-35 % Net profit 66 518-87 % Earnings
More informationMEMORANDUM OF UNDERSTANDING THE EUROPEAN COMMISSION, THE EUROPEAN INVESTMENT BANK together with the EUROPEAN INVESTMENT FUND,
MEMORANDUM OF UNDERSTANDING between THE EUROPEAN COMMISSION, THE EUROPEAN INVESTMENT BANK together with the EUROPEAN INVESTMENT FUND, and THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT in respect
More informationInvestment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank
Investment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank 24 March 2014 Outline EU and Croatia key challenges The Investment
More informationAccess to Finance Guide: 1. Bank Finance Options
Access to Finance Guide: 1. Bank Finance Options Overdrafts An overdraft is a flexible way for you to manage short-term borrowing requirements. Business overdrafts are traditionally easy to arrange and
More informationCorporate Responsibility Corporate Citizenship Guidelines
Page 1 Corporate responsibility corporate citizenship Companies have to assume responsibility for the social environment in which they operate. We at Deutsche Börse Group see corporate responsibility (CR)
More informationThe MLP Group The partner for all financial matters. Reinhard Loose, CFO, Roadshow Frankfurt, 5th March 2015
The MLP Group The partner for all financial matters Reinhard Loose, CFO, Roadshow Frankfurt, 5th March 2015 Agenda MLP at a glance Benefits for shareholders Key financials 2014 Impact of regulation Outlook
More informationHorizon 2020: Finanzierungsinstrumente für Investitionen in Forschung, Entwicklung und Innovation
EU Access to Finance Day Berlin, 18 June 2014 Horizon 2020: Finanzierungsinstrumente für Investitionen in Forschung, Entwicklung und Martin KOCH, Policy Officer DG Research and, Unit B3 "SMEs, Financial
More informationUnited States General Accounting Office GAO. High-Risk Series. February 1995. Farm Loan Programs GAO/HR-95-9
GAO United States General Accounting Office High-Risk Series February 1995 Farm Loan Programs GAO/HR-95-9 GAO United States General Accounting Office Washington, D.C. 20548 Comptroller General of the
More informationDeutscher Sparkassenund Giroverband. Financial data Facts & Figures 2013
Deutscher Sparkassenund Giroverband Financial data Facts & Figures 2013 2 Savings Banks Finance Group Savings Banks (Sparkassen) 417 Landesbank Groups 7 DekaBank 1 Landesbausparkassen (Regional Building
More informationEnvironmental Protection and Energy Efficiency Fund in financing EE and RES programs and projects
Republic of Croatia Environmental Protection and Energy Efficiency Fund Environmental Protection and Energy Efficiency Fund in financing EE and RES programs and projects Marija Šćulac Domac Assistant Director
More informationAUSTRIAN POST Q1 2012:
AUSTRIAN POST Q1 2012: Revenue growth (+6.0%) and earnings improvement (EBITDA +7.0%) in Q1; outlook confirmed for 2012 Increased revenue Revenue up 6.0% above the prior-year quarter Good development in
More informationInterim announcement as of 31 December 2008. IKB: interim announcement as of 31 December 2008
IKB: interim announcement as of With the end of 26 February 2009, the IKB Deutsche Industriebank AG share left the Prime Standard of the Frankfurt Stock Exchange and was then listed in the General Standard.
More informationBanco Santander s profit rose 90% to EUR 4.370 billion in 2013
Press Release Banco Santander s profit rose 90% to EUR 4.370 billion in 2013 BUSINESS. Deposits were stable at EUR 607,836 million, while mutual funds grew by 14% to EUR 93,304 million. Loans decreased
More informationInvestor Presentation The Helaba Group. Frankfurt / Main, November 2015
Investor Presentation The Helaba Group Frankfurt / Main, November 2015 Agenda 2 1 Helaba Profile 2 S Group Strategy 3 Business Development & Asset Quality 4 Funding Helaba: Universal bank with strong regional
More informationNEWS RELEASE NEWS RELEASE NEWS RELEASE
NEWS RELEASE NEWS RELEASE NEWS RELEASE STRUKTON ACHIEVES MAJOR IMPROVEMENT IN NET RESULT IN 2011 Major improvement in net result with a profit of EUR 14.4 million (2010: loss of 15.5 million) Fall of 8.3%
More informationPress Release. Major Elements of the Consolidated Accounts. Balance Sheet
Presse und Kommunikation MAIN TOWER Neue Mainzer Straße 52-58 60311 Frankfurt am Main www.helaba.de Tel.: +49 (0) 69 / 9132 2192 Wolfgang Kuß E-Mail: wolfgang.kuss@helaba.de Ursula-Brita Krück E-Mail:
More informationAsset Management Strategy (2013-2017) Doing things Differently A New Approach for a sustainable future
Asset Management Strategy (2013-2017) A New Approach for a sustainable future Contents Introduction... 2 The Asset Management Vision, Policy Statement & Strategic Themes... 5 Part B The Asset Management
More informationinnovative technologies
Germany The Right Country for Investments Investments in renewable energy and innovative technologies GODD Energy A company of the GODD GROUP Operates in three strategically important sectors: Media Real
More information5. Funding Available for IP-Rich Businesses
20 IP Finance Toolkit 5. Funding Available for IP-Rich Businesses Introduction As the Banking on IP? report notes; SMEs first port of call for finance is often a bank. Figures quoted in the report show
More informationConference Call for Analysts & Investors Annual Report 2015 W&W AG 31 March 2016
W&W Group with new profit record Conference Call for Analysts & Investors Annual Report W&W AG 31 March 2016 Agenda 1. Group Highlights 2. Financial Results 3. Key Figures of our Segments 4. Strategy Programme
More informationDeutsche Wohnen AG.» German Jour Fixe 1-1 Conference Merrill Lynch. London, 27 April 2010
Deutsche Wohnen AG» German Jour Fixe 1-1 Conference Merrill Lynch London, 27 April 2010 1 » Agenda 1. Deutsche Wohnen at a glance 2. Results of the financial year 2009 3. Financial highlights 2009 4. Strategic
More informationInvesting in renewables infrastructure
Infrastructure Investing in renewables infrastructure Nearly half of all power is expected to be generated from renewables in ten years time. The German government is pursuing this goal very rigorously:
More informationReal Estate Clients. For more information on HSH Nordbank Hypo s business, please refer to pages 58 and 59.
31 Real Estate Clients HSH Nordbank is one of the most sought-after providers of finance on the German real estate market. Backed by our extensive specialist skills in financial services for all aspects
More informationA Beginner s guide to Bridging Finance
A Beginner s guide to Bridging Finance Tel: 023 8045 6999 bridging-booklet-v4.008022016 Contents Introduction What is a bridging loan? How do bridging loans work? Why are people using them? When would
More informationSAFE AND SECURE LENDING THE NEW ZEALAND WAY
SAFE AND SECURE LENDING THE NEW ZEALAND WAY NEW ZEALAND S LAND REGISTRATION SYSTEM Business & Private Law Brian R Ellis LLB Principal 6 th Floor, 43 High Street PO Box 4516 Auckland, New Zealand Telephone
More informationThe Renewable Energy Sector in Cyprus
Energie The Renewable Energy Sector in Cyprus Dr. Isabelle Riesenkampff, German Energy Agency (dena) Cologne, 29 November 2010 Conference Solar Industry in the Republic of Cyprus Outline: The Renewable
More informationSupply Chains in Agriculture: Joint Action of GIZ and the Private Sector
Supply Chains in Agriculture: Joint Action of GIZ and the Private Sector Sophie Grunze GIZ-Division 45 Rural Development and Agriculture Presentation at IAMO Forum, Halle, 20th June 2013 01.07.2013 Seite
More informationFinance Group German Savings Banks Association. Statement by. Georg Fahrenschon. President of the German Savings Banks Association
Finance Group German Savings Banks Association Check against delivery! Statement by Georg Fahrenschon President of the German Savings Banks Association DSGV Financial Press Conference 15 March 2016, Frankfurt/Main
More informationEnergy Efficiency Agreement between the Ministry of Trade and Industry and the Municipality of (2008 2016)
Dnro 7202/804/2008 Unofficial translation Energy Efficiency Agreement between the Ministry of Trade and Industry and the Municipality of (2008 2016) 1 The starting points and grounds for the agreement
More informationHow To Support A Business In Europe
Support for Research, Development and Innovation Introduction: «Financial instruments for SMEs and larger companies provided by the European Union and the European Investment Bank» Seminar on «Financial
More informationGerman Financing of Vocational Education Projects in China
German Financing of Vocational Education Projects in China Mr. Jens B. Bessai (Head of Division) KfW Beijing, September 16, 2014 Bank aus Verantwortung Introduction to KfW Financing with a public mission
More informationTaiwan Life Insurance Market Report for First Half of 2013
Taiwan Life Insurance Market Report for First Half of 2013 I. Life Insurance Financial and Business Overview A. Business Statistics and Overview In the first half of 2013, Taiwan life insurance companies
More informationNote of the Commission services on Financial Engineering in the 2007-2013 programming period DOC COCOF/07/0018/01-EN FINAL
1 Note of the Commission services on Financial Engineering in the 2007-2013 programming period DOC COCOF/07/0018/01-EN FINAL 16 July 2007 Final version Note of the Commission services on Financial Engineering
More informationBrochure. European Seminar International Audit Standards for EU Funded Projects. With Experts from:
European Seminar International Audit Standards for EU Funded Projects 23 rd - 24 th May 2013, Berlin With Experts from: Brochure Audit Authority ERDF, Federal State of North Enterprise Estonia, Implementing
More informationSelf Managed Super Fund (SMSF) Limited Recourse Loans
Self Managed Super Fund (SMSF) Limited Recourse Loans Memorandum Ever since the Superannuation Industry (Supervision) Act 1993 (SIS Act) was amended in late 2007, SMSF Lending has been arranging Super
More informationChairman of the Supervisory Board
32 Report of the Supervisory Board Andrew Richards Chairman of the Supervisory Board This past financial year, DBAG looked back on 50 years in the private equity business and 30 years as a listed com pany.
More informationREVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING. Second half
+ REVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING 2016 2013 Q1 REVIEW OF THE SURVEY OF ENTERPRISES ON BUSINESS FINANCING Second half ISSN 2424-4791 (ONLINE) REVIEW OF THE SURVEY OF ENTERPRISES
More informationRevenues before loan loss provisions almost stable at EUR 2.3 bn despite seasonal effects
Press release For business desks 7 November 2013 Commerzbank: operating profit of EUR 103 m in third quarter Revenues before loan loss provisions almost stable at EUR 2.3 bn despite seasonal effects Annual
More informationSTAMP DUTY LAND TAX BILL
STAMP DUTY LAND TAX BILL DRAFT EXPLANATORY NOTES INTRODUCTION 1. These explanatory notes relate to the Stamp Duty Land Tax Bill as introduced into the House of Commons on 4 December 2014. They have been
More informationPolicy and Resources 22 March 2013 Subject: Support for a Small Business Micro Loan Programme
Committee(s): Date(s): Policy and Resources 22 March 2013 Subject: Support for a Small Business Micro Loan Programme Public Report of: Director of Economic Development For Decision Summary 1. The London
More informationGAO FARM LOAN PROGRAMS. Improvements in the Loan Portfolio but Continued Monitoring Needed. Testimony
GAO United States General Accounting Office Testimony Before the Committee on the Agriculture, Nutrition, and Forestry, U.S. Senate For Release on Delivery Expected at 9 a.m., EDT Wednesday, May 16, 2001
More informationThe Gender Strategy of KfW Entwicklungsbank
The Gender Strategy of KfW Entwicklungsbank Gender Equality is a Key Topic in the Fight Against Poverty Published by KfW Bankengruppe Communication Department Palmengartenstrasse 5-9 60325 Frankfurt am
More informationMedia Tour to Germany s KfW Energy efficiency Programme
Media Tour to Germany s KfW Energy efficiency Programme Introduction of KfW Bankengruppe 8 th November 2012 Bank aus Verantwortung More than 60 years of KfW Financing with a public mission Promotional
More informationIntroduction. What is AIF Securitisation? Analysts. Press. www.scoperatings.com
October, 2014 Securitisation of Alternative Investment Funds s www.scoperatings.com Introduction Alternative Investment Fund ("AIF") 1 managers are looking to respond to investors search for yield in a
More informationHow to Establish Financial Engineering Instruments with EU Funds
Focus on: JEREMIE JESSICA Microcredit Funds Loan-, Mezzanine-, Equity Schemes other successful FEI European Seminar How to Establish Financial Engineering Instruments with EU Funds 24 th May 2013, Berlin
More informations Finanzgruppe Deutscher Sparkassen- und Giroverband
s Finanzgruppe Deutscher Sparkassen- und Giroverband Constitutive Elements of a (German) Savings Bank Preliminary Notes Over the past months we have observed a growing interest in the savings banks business
More informationThe Right Hon Jack Straw MP Secretary of State for Foreign and Commonwealth Affairs Downing Street UK London SW1A 2AL
EUROPEAN COMMISSION Brussels, 23.I.2006 C(2006)168 Subject: State Aid N 73/2005 United Kingdom East Midlands Media Investment Sir, 1. PROCEDURE 1. By letter dated 14 February 2005, registered at the Commission
More informationAnnouncement of Financial Results 1999. for. Den Danske Bank Group
Announcement of Financial Results 1999 for Den Danske Bank Group 2 Den Danske Bank Group Highlights Core earnings and net profit for the year (DKr million) 1999 1998 1997 1996 1995 Net interest income,
More informationSpeech at the annual press conference on the 2010 financial year Bonn, February 25, 2011
The spoken word shall prevail Speech at the annual press conference on the 2010 financial year Bonn, February 25, 2011 Timotheus Höttges Chief Financial Officer Deutsche Telekom AG Thank you, René Obermann!
More informationSignificant result increase due to higher sales volumes and efficiency improvements
Herrliberg, February 5, 2016 MEDIA INFORMATION EMS Group: Annual results 2015 Significant result increase due to higher sales volumes and efficiency improvements 1. Summary The EMS Group, with its companies
More informationDRAFT LAW. on the operations of EximBank SA, the Romanian Development Bank. The Parliament of Romania has adopted the law herein below.
DRAFT LAW on the operations of EximBank SA, the Romanian Development Bank The Parliament of Romania has adopted the law herein below. CHAPTER I General Provisions Art. 1 The Romanian Development Bank,
More informationTECHNOLOGY TRANSFER FINANCING OPPORTUNITIES AND LIMITS IN EUROPEAN UNION
156 Finance Challenges of the Future TECHNOLOGY TRANSFER FINANCING OPPORTUNITIES AND LIMITS IN EUROPEAN UNION Assoc. Prof. Laura GIURCĂ VASILESCU, PhD Ec. Maria BUŞE Nicoleta DRĂCEA, PhD student University
More informationGermany's renewable energy sector in the context of energy transition.
Oliver Frank Germany's renewable energy sector in the context of energy transition. May 11 th, Hong Kong 1 Agenda. About dena Energy transition / main trends in the German energy sector Renewable Energies
More informationFIRST-HALF 2009 FINANCIAL RESULTS (APPROVED BY THE BOARD OF DIRECTORS)
PRESS RELEASE FOR IMMEDIATE RELEASE FIRST-HALF 2009 FINANCIAL RESULTS (APPROVED BY THE BOARD OF DIRECTORS) Faster deployment of the strategy introduced at the end of 2008 to prepare for the market s recovery:
More informationDeposits and investments with Deutsche Bank AG are covered by two German protection
Deposits and investments with Deutsche Bank AG are covered by two German protection schemes: 1. Entschädigungseinrichtung deutscher Banken GmbH (EdB), the German private commercial bank s statutory compensation
More informationMaking investment opportunities for farmers and rural businesses with the EAFRD FIs ESTONIA
Making investment opportunities for farmers and rural businesses with the EAFRD FIs ESTONIA Merle Saaliste Estonian Ministry of Agriculture, 24.06.2015 Content: 1. Why FIs from the EAFRD? 2. Ex ante assessment
More informationSupporting micro-credit providers with JASMINE
EN Supporting micro-credit providers with JASMINE More information on supporting micro-credit providers with JASMINE is available on the Internet at: http://ec.europa.eu/regional_policy/funds/2007/jjj/micro_en.htm
More informationQuarterly Credit Conditions Survey Report Contents
Quarterly Credit Conditions Report Contents List of Figures & Tables... 2 Background... 3 Overview... 4 Personal Lending... 7 Micro Business Lending... 9 Small Business Lending... 12 Medium-Sized Business
More informationCabinet Meeting 16 th September 2015. Councillor Mark Winnington, Cabinet Member for Economy, Environment and Transport said:
Cabinet Meeting 16 th September 2015 Staffordshire and Stoke-on-Trent Business Loan Fund Councillor Mark Winnington, Cabinet Member for Economy, Environment and Transport said: We want to ensure that Staffordshire
More informationGerman Approach to Integrated Urban Development within the EU
German Approach to Integrated Urban Development within the EU - Results from previous (current) programming period (2007-2013) - Goals for the future (2014-2020) Dr Mario Kremling, isw Institute by order
More informationDeutsche Wohnen AG.» Full Year Results 2009. Conference Call, 26 March 2010
Deutsche Wohnen AG» Full Year Results 2009 Conference Call, 26 March 2010 1 » Agenda 1. Results of the financial year 2009 2. Financial highlights 2009 3. Strategic objectives 4. Forecast 2 » 1 Results
More informationFinancial Report 2015 of NRW.BANK
Financial Report 2015 Financial Report 2015 of NRW.BANK Contents 2 The Promotion Business of NRW.BANK 7 Report on Public Corporate Governance 24 Declaration of Conformity 25 Report of the Supervisory
More informationResearch and Development Tax Credits Statistics
Coverage: United Kingdom Theme: The Economy Released: 11 September 2015 Next Release: August 2016 Research and Development Tax Credits Statistics September 2015 Frequency of release: Annual Media contact:
More informationThe Company. Design Build Service 2014/15
The Company Design Build Service 2014/15 2 Financial Report 2014/15 Financial Report 2014/15 3 The forty-sixth financial year began on 1 April 2014 and ended on 31 March 2015. 429 buildings 1,881 (million
More informationMaYBe no need to Be afraid of new IDeas. Bank austria real estate.
MaYBe no need to Be afraid of new IDeas. Bank austria real estate. 2 You Have Plans We Have the Master Plan. A full range of services associated with real estate. Benefit from our networked expertise in
More informationPOSTBANK GROUP INTERIM MANAGEMENT STATEMENT AS OF MARCH 31, 2015
POSTBANK GROUP INTERIM MANAGEMENT STATEMENT AS OF MARCH 31, 2015 PRELIMINARY REMARKS MACROECONOMIC DEVELOPMENT BUSINESS PERFORMANCE PRELIMINARY REMARKS This document is an interim management statement
More informationInnovation and PPP financing: The European Investment Fund
Innovation and PPP financing: The European Investment Fund Dr. Helmut Kraemer-Eis Head of Research & Market Analysis European Investment Fund UNECE - 12 February 2014 Geneva What is the EIF? As part of
More informationFinancing of home improvements in the large housing estates in Berlin since 1992
Financing of home improvements in the large housing estates in Berlin since 1992 Vorstandsmitglied / Board member of Kompetenzzentrum Großsiedlungen e.v. 21. October 2010 Urb.Energy Conference Berlin-Brandenburg
More informationALTERNATIVE FINANCING SOURCES FOR YOUR SMALL BUSINESS
7605B/7601 ALTERNATIVE FINANCING SOURCES FOR YOUR SMALL BUSINESS Revised October 1999 University of Wisconsin System This publication has been developed by the Wisconsin SBDC in partnership with the U.
More informationThe UK Commercial. Research Findings. 2009 - Year End
The UK Commercial Property Lending Market Research Findings 2009 - Year End The UK Commercial Property Lending Market: Year-End 2009 Research Findings Bill Maxted Trudi Porter May 2010 Department of Corporate
More informationINTERIM REPORT ON FIRST QUARTER OF 2015 201fehlungBild austauschen) Q1
Interim Report Q1 2015 INTERIM REPORT ON FIRST QUARTER OF 2015 201fehlungBild austauschen) Q1 1 Interim Report Q1 2015 2 Letter from the Management Board Dear Shareholders, Ladies and Gentlemen, These
More informationCommerzbank: Strategy successful net profit of over 1 billion euros and dividend
IR release 12 February 2016 Commerzbank: Strategy successful net profit of over 1 billion euros and dividend Operating profit in 2015 more than doubled to EUR 1,909 m (2014: EUR 689 m) Operating profit
More information