IKB DEUTSCHE INDUSTRIEBANK


Associated tags: IKB, IKB Deutsche Industriebank

Locations: UKRAINE, EUROPE, DEUTSCHLAND, DEUTSCHLAND, MIDDLE EAST

EQS-News: IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment

Retrieved on: 
Wednesday, April 10, 2024

IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment

Key Points: 
  • IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment
    The issuer is solely responsible for the content of this announcement.
  • IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment
    Ample liquidity with free available liquidity reserve of €1.4 billion (previous year: €1.2 billion)
    Dr Michael Wiedmann, Chairman of the Board of Managing Directors of IKB: “We have met our annual targets and are on track to achieving our medium-term goals.
  • 2023 was largely characterised by the increase in market interest rates against a difficult economic backdrop.
  • Table: IKB income statement for the 2023 financial year (Group, in accordance with German commercial law)

EQS-News: IKB Deutsche Industriebank AG: Tender offer to the holders of Trust Preferred Securities of IKB Funding Trust I

Retrieved on: 
Wednesday, December 20, 2023

[Düsseldorf, 19 December 2023] IKB Deutsche Industriebank AG (the "Bidder") hereby gives notice of its tender offer to the holders of the securities issued by IKB Funding Trust I (ISIN DE0008592759, the "Securities") to purchase them at a purchase price equal to 69.50% of the principal amount in accordance with the terms and subject to the conditions of the Tender Offer Memorandum dated 19 December 2023.

Key Points: 
  • [Düsseldorf, 19 December 2023] IKB Deutsche Industriebank AG (the "Bidder") hereby gives notice of its tender offer to the holders of the securities issued by IKB Funding Trust I (ISIN DE0008592759, the "Securities") to purchase them at a purchase price equal to 69.50% of the principal amount in accordance with the terms and subject to the conditions of the Tender Offer Memorandum dated 19 December 2023.
  • The offer begins today, 19 December 2023, and ends on 24 January 2024 at 17:00 (CET), subject to extension.
  • In order to accept the offer, Securityholders must submit acceptances to their custodian or the direct participant through which they hold their Securities by the expiration deadline of the Offer.
  • Securityholders who require assistance in accepting the offer should contact the Dealer Manager at the address below or their custodian.

EQS-News: Results of IKB Deutsche Industriebank AG for the first half of 2023: solid corporate customer business in a demanding environment

Retrieved on: 
Tuesday, August 22, 2023

Results of IKB Deutsche Industriebank AG for the first half of 2023: solid corporate customer business in a demanding environment

Key Points: 
  • Results of IKB Deutsche Industriebank AG for the first half of 2023: solid corporate customer business in a demanding environment
    The issuer is solely responsible for the content of this announcement.
  • Results of IKB Deutsche Industriebank AG for the first half of 2023:
    Cost/income ratio (CIR) of 66% (normalised: 57%)
    Dr Michael Wiedmann, Chairman of the Board of Managing Directors of IKB: "Business with our mid-cap corporate customers developed well in the first half of 2023.
  • [Düsseldorf, 18 August 2023] In the first half of 2023, IKB improved its key earnings figures in a challenging market environment.
  • "We took advantage of our strengths in the mid-cap corporate customer business in the first half of 2023.

EQS-News: Results of IKB Deutsche Industriebank AG for the 2022 financial year: resilient earnings in a volatile market environment

Retrieved on: 
Thursday, March 16, 2023

Results of IKB Deutsche Industriebank AG for the 2022 financial year: resilient earnings in a volatile market environment

Key Points: 
  • Results of IKB Deutsche Industriebank AG for the 2022 financial year: resilient earnings in a volatile market environment
    The issuer is solely responsible for the content of this announcement.
  • In this challenging business environment, IKB took measures to reduce its risk exposure, bolstering its risk-provision reserves to mitigate these effects.
  • Looking to the 2023 financial year, we expect the macroeconomic situation to remain volatile and project consolidated net income before tax in line with FY 2022.
  • Table: IKB income statement for the 2022 financial year (Group, in accordance with German commercial law)