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Recent Press Releases

April 1, 2021

2020 result

Hamburg Commercial Bank posts 2020 pre-tax profit of € 257 million and strong capital ratio

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April 1, 2021

Announcement of the supervisory board

HAMBURG – At its meeting on 31 March 2021, the Supervisory Board of Hamburg Commercial Bank AG (HCOB) granted the request made by Dr. Nicolas Blanchard (52), Chief Clients and Products Officer (CCO), not to renew his contract, which expires at the end of 2021. Responsibility for the Bank's entire client business will be assumed by Chief Investment Officer (CIO) Christopher Brody (52) from April 1, 2021. With this decision, the Supervisory Board is streamlining the organizational structure as well as the Management Board of Hamburg Commercial Bank, which will consist of four members in the future.

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March 4, 2021

Hamburg Commercial Bank issues 5-year senior preferred benchmark bond

Hamburg Commercial Bank (HCOB) issued a 5-year benchmark bond on Tuesday, further optimizing its refinancing structure. The senior preferred bond with a coupon of 0.375 percent and a volume of EUR 500 million was well received by investors.

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February 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.

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