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HSH Nordbank Group reports gratifying nine-month earnings
Hamburg/Kiel, November 22, 2004
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HSH Nordbank AG closed out the first nine months of 2004 with a gratifying result. Operating profit before risk provisions/evaluation increased slightly, i.e. by 0.6% compared to three quarters of the previous year’s result to € 877 million. Thanks to sub ...
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HSH NORDBANK CONFIRMS LEGAL PROCEEDINGS
Hamburg/Kiel, September 19, 2004
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HSH Nordbank, a merger of Hamburgische Landesbank and Landesbank Schleswig-Holstein (LB Kiel), confirms that, after a detailed investigation and serious consideration of its position, and after taking legal advice, it has reluctantly issued legal proceedi ...
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HSH Nordbank Group satisfied with half-year result
Hamburg/Kiel, September 1, 2004
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A good year after the merger of Hamburgische Landesbank and Landesbank Schleswig-Holstein, HSH Nordbank's business developed well in the first half of 2004. The result before risk provisions and valuation rose slightly by 0.4% to € 583 million compared to ...
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HSH Nordbank acquires stake in Credaris Portfolio Management GmbH
Hamburg/Kiel, July 26, 2004
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HSH Nordbank has acquired 49% of the voting shares in Credaris Portfolio Management GmbH (CPM), headquartered in Kiel. HSH Nordbank has thereby become the company’s largest investor. The CPM Group specializes in the active management of structured credit ...
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HSH Nordbank regards its position as substantiated in terms of non-guaranteed ratings
Hamburg/Kiel, July 13, 2004
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The Moody's rating agency today lowered its rating for HSH Nordbank's guaranteed liabilities from Aa1 to Aa3. The downgrade is no reflection on HSH Nordbank's creditworthiness, but simply the result of having reappraised the creditworthiness of the state ...
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HSH Nordbank - sound results for first quarter 2004
Hamburg/Kiel, June 2, 2004
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HSH Nordbank Group started the new fiscal year with sound results for Q1 2004. Operating profit before risk provisions was down by 12.3%, to €255 million compared to one quarter of the previous year’s result. However, operating profit after risk provision ...
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HSH Nordbank Group posts encouraging results for fiscal year 2003
Hamburg/Kiel, June 2, 2004
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HSH Nordbank's results in its first year of operation give grounds for considerable satisfaction – especially in the light of a persistently tough economic environment and the specific burdens of the merger process.
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HSH Nordbank Group presents provisional results for 2003
Hamburg/Kiel, March 25, 2004
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The HSH Nordbank Group completed its first year of operations with satisfactory results, despite the continuing difficulties of the economic environment and extraordinary expenses encountered in the merger process.
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