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Landesbank Schleswig-Holstein International (LI) posts significantly increased earnings:
Kiel, March 27, 2003
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Landesbank Schleswig-Holstein International S.A. (LI), Luxembourg, has recorded very positive business developments for FY 2002. Net income rose to € 50 million (previous year: € 20 million). In addition to a payment of € 25 million to LB Kiel, its parent ...
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LB Kiel: Fit for the merger
Kiel, March 11, 2003
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Return on equity up to 10.6% at Group level - In FY 2002, the LB Kiel Group performed well in a difficult environment and continued to strengthen its profitability. Preliminary figures for the past fiscal year show the operating result before risk provisi ...
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Poised for a new joint future as HSH Nordbank: Merger of Hamburgische Landesbank and LB Kiel taking shape
Hamburg and Kiel, February 4, 2003
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Merger of Hamburgische Landesbank and LB Kiel taking shape - Hamburgische Landesbank and Landesbank Schleswig-Holstein will embark on their joint future as HSH Nordbank. The owners of the two banks agreed on the new name and presented it to the press. "We ...
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