Press releases

02/19/2021

HCOB finances purchase and revitalization of office building in Amsterdam for HighBrook

Hamburg Commercial Bank (HCOB) provides the financing to a fund managed by private equity firm HighBrook Investors for the purchase and revitalization of an Amsterdam office building. The financing amount is in the lower double-digit million euro range, the term is five years.

02/17/2021

Hamburg Commercial Bank Study: Power Purchase Agreements – Green energy for corporate consumers

The trend towards green energy is becoming increasingly important. Not only companies and their employees, but also customers are questioning their own carbon footprints more and more critically and are turning to renewable energy sources.

02/11/2021

Preliminary 2020 results: HCOB significantly increases earnings and further builds strong capital position

Hamburg Commercial Bank AG (HCOB) achieved a Net income before taxes of EUR 257 (previous year: 77) million, demonstrating its prudent business policy and resilience in a challenging environment.

12/17/2020

Hamburg Commercial Bank sells € 700 million renewable energy portfolio to UniCredit

On 16 December 2020, Hamburg Commercial Bank (HCOB) and UniCredit Bank AG (UniCredit) signed an agreement on the sale of a loan portfolio of circa EUR 700 million.

12/16/2020

Hamburg Commercial Bank sells property on Hamburg's Gerhart-Hauptmann-Platz

Hamburg Commercial Bank (HCOB) has sold its headquarters building in Hamburg city centre, including the PERLE Hamburg shopping arcade, to SIGNA Group.

12/08/2020

Hamburg Commercial Bank finances fiber optic network expansion for goetel GmbH – First promotion by KfW program “Digital Infrastructure”

Hamburg Commercial Bank (HCOB) provides the telecommunications provider goetel with a project financing of EUR 50 million for the expansion of the fiber optic network in several districts in Hesse and Lower Saxony.

12/04/2020

Supervisory Board of Hamburg Commercial Bank extends contracts for CEO and CRO early

The Supervisory Board of Hamburg Commercial Bank AG (HCOB) extended the contracts of Chief Executive Officer (CEO) Stefan Ermisch (54) until the end of 2023 and of Chief Risk Officer (CRO) and Deputy CEO Ulrik Lackschewitz (52) until mid 2023 ahead of schedule in its meeting yesterday.

12/01/2020

Hamburg Commercial Bank finances refurbishment of

Hamburg Commercial Bank (HCOB) finances the refurbishment of the OFFICE CAMPUS STUTTGART and provides it’s refinancing in a consortium to a real estate fund managed by J. P. Morgan Asset Management.

11/25/2020

Hamburg Commercial Bank joins the

Hamburg Commercial Bank (HCOB) joins the Responsible Ship Recycling Standards (RSRS) initiative.

11/23/2020

HCOB finances modern fuel and ethanol tank farm for GPS Group in the port of Amsterdam

Hamburg Commercial Bank (HCOB) provides project financing to GPS Group, a growing developer and independent operator of fuel and chemical tank facilities, for the port of Amsterdam tank terminal and its further expansion.