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.
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.
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.
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.
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.
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.
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.
Hamburg Commercial Bank joins the
Hamburg Commercial Bank (HCOB) joins the Responsible Ship Recycling Standards (RSRS) initiative.
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.
Hamburg Commercial Bank with first Senior Non Preferred Bond on the capital market
Hamburg Commercial Bank (HCOB) issued its inaugural public Senior Non Preferred Bond on Thursday, attracting substantial interest from European institutional investors.
Hamburg Commercial Bank has become Signatory of UN Principles for Responsible Banking
Hamburg Commercial Bank (HCOB) has signed the United Nations Principles for Responsible Banking (PRB) – a single framework for a sustainable banking industry developed jointly by banks worldwide and the United Nations Environment’s Finance Initiative (UNEP FI).
Announcement of the supervisory board
At a meeting on 26 August 2020, the Supervisory Board at Hamburg Commercial AG agreed to grant the request made by Management Board Member Oliver Gatzke (CFO and CTO) to leave his post, effective as of 31 August 2020. Mr Gatzke leaves the Board on the best of terms.
HCOB at half year with solid result, strong capital position and success in transformation
Hamburg Commercial Bank AG (HCOB) generated a net income before taxes of EUR 71 (prior-year period: 96) million in the first half year and has further expanded its already very solid capital ratio to 21.7% (31/12/2019: 18.5).
Head of Communications at Hamburg Commercial Bank switches to consulting role
Hamburg Commercial Bank AG (HCOB) continues to streamline its structure as part of its multi-year transformation.
HCOB with strong capital position and positive result in 2019, its first year of transformation
For Hamburg Commercial Bank AG (HCOB), 2019 was a year marked by its successful, multi-year transformation into a well-capitalized and profitable bank that, as a provider of specialized finance with strict return and income targets, generated a satisfactory result in a tough economic setting.