05/16/2019
Hamburg Commercial Bank advises ABC Westland exclusively on sale of its business
Hamburg Commercial Bank’s M&A team has advised the owners of ABC Westland on the sale of its entire shares and assets to real estate investor Hines. ABC Westland is one of the leading logistics parks (117,000 m²) for agricultural produce and food in Westland, Netherlands, the largest vegetable growing area in Europe.
read more05/09/2019
Hamburg Commercial Bank offers its customers digital solution for onboarding and KYC
As part of its comprehensive digitalisation initiative Hamburg Commercial Bank is, as of now, launching the first of its many focus projects: The Bank’s new and existing customers will benefit from a digital solution which accelerates the know-your-customer (KYC) process by up to 70%.
read more04/01/2019
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.
read more03/07/2019
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).
read more02/21/2019
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.
read more02/13/2019
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.
read more02/04/2019
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.
read more01/24/2019
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.
read more01/24/2019
Jan-Philipp Rohr new Head of Shipping
In Jan-Philipp Rohr (39), HSH Nordbank has a new Global Head for its entire shipping business.
read more01/03/2019
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.
read more12/19/2018
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.
read more12/10/2018
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.
read more11/28/2018
First successful privatisation of a Landesbank completed
HSH Nordbank AG is today embarking on its future as the first successfully privatised Landesbank in Germany. The commercial bank’s new shareholders, who are independent of each other, are Cerberus Capital Management, J. C. Flowers & Co., GoldenTree Asset Management, Centaurus Capital LP and BAWAG or investment funds launched by these.
read more11/16/2018
HSH Nordbank: Privatisation marks nine-month results
In the third quarter HSH Nordbank continued to focus its energies on the upcoming privatisation while generating a satisfactory Group net result in operations. Thanks to savings on the cost side, a solid business performance and restructuring successes in the ship loan portfolio, the high costs incurred in connection with the privatisation were offset in full. The key capital and liquidity figures remain high.
read more10/17/2018
HSH Nordbank issues € 500 million mortgage Pfandbrief
HSH Nordbank has placed a mortgage Pfandbrief in the amount of € 500 million and with a term of three and a half years. The issue, secured mostly by loans on commercial properties in Germany, pays fixed interest with an annual coupon of 0.25 percent.
read more