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Press Releases
16.04.2012
Company
[Ad-hoc-release] IKB AG decides for segment change from Regulated Market to quality segments of the Open Market
With approval of the Supervisory Board, the Board of Managing Directors of IKB Deutsche Industriebank AG decided to initiate a stock market segment change of all of its securities from the Regulated Market to quality segments of the Open Market.
15.03.2012
Company
IKB returns SoFFin guarantees early
After the regular repayment of € 1.1 billion on 13 March 2012, IKB Deutsche Industriebank AG returned an additional € 500 million in SoFFin guarantees ahead of schedule.
20.02.2012
Company
IKB Deutsche Industriebank: Interim announcement as of 31 December 2011
The interim announcement covers the period from the start of the financial year on 1 April 2011 to 31 December 2011.
28.11.2011
Company
IKB Deutsche Industriebank: 6-month figures for the 2011/12 financial year
At € 312 million, IKB Deutsche Industriebank recorded a higher consolidated net loss in the first half of the 2011/12 financial year (1 April to 30 September 2011) than in the corresponding period of the previous year (consolidated net loss of € 246 million). This was primarily due to the intensification of the financial crisis, which led in particular to a pronoun-ced widening of the risk premiums for almost all state debtors in the eurozone. Adjusted for extraordinary factors, a consolidated net profit of € 15 million was generated in the period under review (previous year: consolidated net loss of € 81 million).
16.09.2011
Company
[Ad hoc announcement] Settlement of legal proceedings between IKB, CA CIB and FGIC
Today a settlement agreement was signed by Crédit Agricole Corporate and Invest-ment Bank (“CA CIB”, formerly Calyon), Financial Guaranty Insurance Company (“FGIC”), IKB Deutsche Industriebank Aktiengesellschaft (“IKB”) and others.
26.08.2011
Company
IKB: Interim announcement as of 30 June 2011
As in the same period of the previous year, the first quarter of the 2011/12 financial year was dominated by the government debt crisis in Europe. In the eurozone, there was uncertainly due to the potential for further rescue measures for Greece in particular, as well as the risk of potential contamination for major euro member states, leading to a further increase in the risk premiums for governments and banks alike.
03.08.2011
Company
IKB returns SoFFin guarantees early
IKB Deutsche Industriebank AG has returned additional SoFFin guarantees totalling € 1.3 billion early. The guarantees returned comprise a volume of € 0.6 billion in the bond ISIN DE000A0SMN03 (maturing on 27 January 2012, 2.875%) and a volume of € 0.7 billion in the bond ISIN DE000A0SMN45 (maturing on 13 March 2012, 2.625%). Thus, current SoFFin guarantees for IKB amount to € 7.3 billion.
18.07.2011
Company
IKB begins process of buying back SoFFin-guaranteed bonds
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29.06.2011
Company, Company Result
IKB: Results for the 2010/11 financial year
- Consolidated net profit (IFRS) of € 52 million (previous year: consolidated net loss of€ -967 million)
- Net loss at IKB AG (HGB) improves to € -190 million (previous year: € -349 million)
- Low level of provisions for possible loan losses
- Tier 1 capital ratios increase to 11.2% (Group) and 10.2% (IKB AG)
- EU conditions practically fulfilled
- Contracts with rating agencies terminated effective 30 June 2011
26.11.2010
Company
IKB Deutsche Industriebank: 6-Month Figures for the 2010/11 Financial YearIKB Deutsche Industriebank: 6-Month Figures for the 2010/11 Financial Year
- IFRS consolidated net loss reduced by more than 50% to € 233 million
- Significant reduction in provisions for possible loan losses
- Extraordinary factors with negative net effect of € 154 million
- Tier I ratio above 10%
- Growth in business with Mittelstand clients