IKB News
IKB Deutsche Industriebank AG has announced not to call its €300 million 4.00% Tier 2 Bond, callable on 31 January 2023.
2022/12/21, Company
The decision not to call the Tier 2 Bond (ISIN: DE000A2GSG24 – “the Bond”) has been taken after careful evaluation of various factors, including market conditions and economic costs.
IKB Deutsche Industriebank AG’s results for the first half of 2022: solid results in a challenging economic environment
2022/08/19, Company
- Consolidated net income before tax of €30 million impacted by extraordinary ef-fects
- Adjusted return on equity (ROE) after tax of 8.5%
- Structural reduction of the cost basis ongoing with underlying adjusted adminis-trative expenses in 1H 2022 further reduced by €5 million to €68 million
- Adjusted cost income ratio (CIR) of 62%
- Resilient loan book: risk provisions of €0 million and NPL ratio (EBA definition) of 1.8%
- CET 1 ratio (fully phased) of 14.9%, pro-forma CET 1 ratio (Basel IV/CRR III) of 15.9%
- Leverage ratio of 6.4%
- Chairman of IKB’s Board of Managing Directors, Dr Michael Wiedmann: “We suc-cessfully navigated a challenging overall economic environment and continue to execute our strategy.”