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
IKB Deutsche Industriebank AG figures for the 2023 financial year: Solid figures achieved in a difficult environment
- 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: Ergebnisse der IKB Deutsche Industriebank AG im Geschäftsjahr 2023: Stabile Ergebnisse in schwierigem Umfeld erzielt
EQS-News: 100 Jahre IKB Deutsche Industriebank AG: GEMEINSAM GUTES UNTERNEHMEN
EQS-News: IKB Deutsche Industriebank AG: Kaufangebot an die Inhaber der Trust Preferred Securities des IKB Funding Trust I
EQS-News: IKB Deutsche Industriebank AG: Tender offer to the holders of Trust Preferred Securities of IKB Funding Trust I
[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.
- [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: Ergebnisse der IKB Deutsche Industriebank AG im ersten Halbjahr 2023: Solides Kundengeschäft in anspruchsvollem Umfeld
EQS-News: Results of IKB Deutsche Industriebank AG for the first half of 2023: solid corporate customer business in a demanding environment
Results of IKB Deutsche Industriebank AG for the first half of 2023: solid corporate customer business in a demanding environment
- 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
Results of IKB Deutsche Industriebank AG for the 2022 financial year: resilient earnings in a volatile market environment
- 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)