Hamburg Commercial Bank awarded “World’s Best Bank Transformation”
Hamburg Commercial Bank (HCOB) won the Euromoney Award for Excellence 2022 in the global category World's Best Bank Transformation on Wednesday evening and was presented with the award in London.
Hamburg Commercial Bank finances further optic-fiber project for Primevest Capital Partners
Hamburg Commercial Bank (HCOB) provides a long-term financing of EUR 35 million to the Communication Infrastructure Fund launched by Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in the regions around Hanover, Leverkusen and Münster.
Hamburg Commercial Bank refinances seven vessels for Hamburg Bulk Carriers
Hamburg Commercial Bank (HCOB) has provided Hamburg Bulk Carriers, a shipping company based in Hamburg and Singapore, with 95 million US-Dollar to refinance a total of seven vessels
Hamburg Commercial Bank issues further mortgage Pfandbrief
Hamburg Commercial Bank (HCOB) issued a 500-million-euro mortgage Pfandbrief on the capital market on Thursday. The bond has a maturity of five years and was placed with national and international investors. The coupon of the Pfandbrief backed by real estate loans is 2.0 percent.
HCOB again partner of the largest German tennis tournament “Hamburg European Open”
Hamburg Commercial Bank AG (HCOB) is extending its sponsorship of the Hamburg European Open and is thus one of the most important partners of Germany's largest tennis tournament for the third year. Over nine days, from July 16th to 24th 2022, numerous Hamburg residents and tennis-loving guests from all over the world will once again experience top tennis at Hamburg's Rothenbaum this summer.
Hamburg Commercial Bank sees high demand for forward-looking infrastructure projects
Financing infrastructure projects is part of Hamburg Commercial Bank's (HCOB) core business, with around one billion euros in new business concluded in the past twelve months. In the current year, the bank is targeting new business on approximately the same scale, despite the challenging geopolitical and economic situation.
Press release only in German.
Hamburg Commercial Bank issues ship covered Pfandbrief in benchmark format
HAMBURG – Hamburg Commercial Bank (HCOB) successfully placed a ship Pfandbrief with a total volume of €500 million on the capital market on Wednesday, continuing its regular issuance activities.
Hamburg Commercial Bank completes fiscal year 2021 with strong financial figures
Hamburg Commercial Bank (HCOB) presented its final IFRS figures for fiscal year 2021 on Thursday and confirmed its net income before taxes of EUR 299 (previous year: 257) million as well as the other preliminary financial figures from February. The optimized balance sheet structure and the operating business contributed to the good result, as did positive loan loss provisions and noticeable cost reductions. Although the market environment continued to be dominated by the pandemic, the bank closed fiscal 2021 with excellent financial figures. The seamless switch to the Deposit Protection Fund of private banks (Bundesverband deutscher Banken) took place as planned at the end of 2021.
Preliminary results for 2021: Hamburg Commercial Bank completes transformation with strong Group net result
Hamburg Commercial Bank (HCOB) presented its preliminary IFRS figures for fiscal year 2021 on Thursday, reporting net income before taxes of EUR 299 (previous year: 257) million.