New appointments to Management Board of Hamburg Commercial Bank
The Supervisory Board of Hamburg Commercial Bank (HCOB) appointed two new members to the Management Board. Ian Banwell (55) takes on the role of Chief Operating Officer (COO) and starts today.
Solid 2018 financial year for Hamburg Commercial Bank
Hamburg Commercial Bank AG closed out the 2018 financial year with a positive result, solid new business and strong capital ratios. The Bank furthermore successfully completed its privatization, reduced its costs significantly and almost entirely shed its legacy assets. Hamburg Commercial Bank is thereby at the beginning of a profound multi-year transformation, for which key parameters were already set in 2018.
Hamburg Commercial Bank financing expansion of broadband network in Austria
Hamburg Commercial Bank will provide the Austrian broadband company Infotech with a loan in the amount of € 30 million for a rollout of an FTTH-Network (fiber to the home).
2018 preliminary figures (IFRS): Hamburg Commercial Bank shows solid new business and strong capital ratio
Hamburg Commercial Bank AG closed the 2018 financial year with net income before taxes of € 97 (-453) million, according to preliminary figures.
Hamburg Commercial Bank driving optic fibre expansion in Spain forward
Hamburg Commercial Bank is making available EUR 30 million in project finance to Spain’s leading private broadband network operator ADAMO as mandated lead arranger and structuring bank to drive a further expansion to 1.14 million household connections.
New name - Hamburg Commercial Bank starts brand roll-out
The renaming of HSH Nordbank as the private commercial bank Hamburg Commercial Bank was formally completed with today’s entry in the commercial registers of Hamburg and Kiel.
dstelecom and HSH announce €50M financing to deploy ftth
dstelecom is a leading open-access fiber optical network operator in Portugal that built and operates an ultra-modern fiber optic network in the country's lowest population density areas. Exploring a wholesale only business model, it supports all telecommunication operators to provide their customers with any communication, TV and Internet access services available on the market. dstelecom is a wholly owned subsidiary of dst tele-comunicaçoes, the joint venture between DST Group and Cube Infrastructure Fund II dedicated to telecom development in Portugal.
HSH to finance wind farm Linda in Saxony-Anhalt for the ERG Group
HSH Nordbank will provide the ERG Group with long-term project finance amounting to € 24 million for construction and operation of the Linda wind farm located near Elster in the German state of Saxony-Anhalt.
HSH to finance acquisition of private-sector district heating network in Estonia
HSH Nordbank will provide international investment managers First State Investments (FSI) as the mandated lead arranger (MLA) with € 75 million as part of an acquisition loan totalling € 364 million.
Nicolas Blanchard appointed new Chief Clients and Products Officer (CCO)
The Supervisory Board of HSH Nordbank has appointed Nicolas Blanchard (50) as a new Management Board member. He takes on the role of Chief Clients and Products Officer with immediate effect.