Press Archive

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03/25/2025 NORD/LB once again achieves significant profit increase of 356 million euros

NORD/LB Norddeutsche Landesbank generated earnings before taxes of EUR 356 million in the 2024 financial year. This once again exceeded the previous year's result (EUR 271 million) with an increase of over 30 per cent.

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03/18/2025 Early contract extension: Jörg Frischholz will remain at the top of NORD/LB until 2030

At its meeting yesterday, the Supervisory Board and the Owners’ Meeting of NORD/LB Norddeutsche Landesbank decided to extend the contract of CEO Jörg Frischholz ahead of schedule by a further five years until 30 June 2030.

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03/05/2025 NORD/LB finances battery storage facility in Saxony-Anhalt

NORD/LB Norddeutsche Landesbank is financing its first battery storage system in Germany. The facility is being built in Stendal (Saxony-Anhalt), around 60 kilometres north of the state capital Magdeburg.

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02/26/2025 Moody‘s and Fitch upgrade NORD/LB's standalone rating

The rating agency Moody's has upgraded the standalone rating ("Baseline Credit Assessment") of NORD/LB Norddeutsche Landesbank from 'ba2' to 'ba1'. At the same time, the Bank's long-term rating (Aa2), which is linked to the long-term rating of the Sparkassen-Finanzgruppe, was confirmed.

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01/09/2025 NORD/LB opens the market for Green Pfandbriefe in 2025

NORD/LB Norddeutsche Landesbank today issued the first Green Pfandbrief benchmark bond in the 2025 financial year.

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