News
Our latest news and publications:
Helaba donates EUR 50,000 to Aid Organisations in Thuringia
Half of the donations each are given to the emergency medical services of the Arbeiter-Samariter-Bund and to the German Red Cross; Next year, other emergency medical services in Erfurt will be supported, again in an amount of EUR 50,000.
Helaba donates EUR 25,000 each to the Baerenherz Foundation for critically ill Children and to the Hospice Sankt Katharina
The Helaba Group is again supporting eleemosynary organisations in the Bank's home region with donations in a total amount of EUR 100,000. Instead of Christmas presents to business partners, EUR 50,000 each is now going to organisations in Hesse and Thuringia.
Board of Owners gives the green light
The owners of Helaba — the Savings Banks and Giro Association Hesse-Thuringia, the State of Hesse and the Free State of Thuringia — have today been informed of the results of the due diligence examination performed at the S-Group Bank of WestLB. They have mandated the Board of Directors of Helaba to start concrete negotiations with the aim of integrating the S-Group Bank business
Helaba does not pass EBA Stress Test for formal Reasons
No Recapitalisation Requirement under economic Aspects
Helaba Landesbank Hessen-Thüringen has not passed the stress test run by the European Banking Authority for formal, technical reasons. This is due to the fact that the EBA does not apply a tangible, but merely a formal standard as at the reporting date 30 September 2011.
Commercial building in Hanover
Helaba is providing PB Grundbesitzinvestitions- und Entwicklungs GmbH & Co. KG, a property company of Bertram Projektmanagement GmbH, Hannover and LHI Leasing GmbH, Pullach with financing for the development and long-term financing of a commercial building in Hanover.
Helaba Capital Markets Outlook for 2012
The main Scenario anticipates global economic Growth of 3.5 per cent and Stabilisation in the Capital Markets.
Global economic growth in 2012 is expected to return to an ordinary growth trend and remain at about 3.5 per cent on average for the year. Thus, the capital markets should finally sail into calmer waters again.
Shopping-center Silesia in Katowice
Helaba and pbb Deutsche Pfandbriefbank arrange EUR 210 million facility for IMMOFINANZ Group’s Silesia City Center for refunding and advancement in Katowice, Poland.
Helaba Pre-Tax Group Profit develops positively, also in the third Quarter
- Pre-tax group profit rises to EUR 371 million after EUR 284 million
- Increase of earnings still expected for 2011
- Haircut of 50 per cent taken on exposure to Greece
- Core-Tier 1-ratio in the "Flash Stress Test" about 10 per cent
Helaba Landesbank Hessen-Thüringen has continued its positive earnings trend and after three quarters generated a pre-tax group profit of EUR 371 million. This is an increase by EUR 87 million or 30.6 per cent on the previous year's figure. The after-tax result amounts to EUR 278 million, after EUR 218 million in the year before.
Press Release of the owners of Helaba on adapting the silent participations of the state
The owners of Landesbank Hessen-Thüringen (Helaba) – the State of Hessen, the Free State of Thuringia and the Savings Banks and Giro Association Hesse-Thuringia (Sparkassen- und Giroverband Hessen-Thüringen - SGVHT) – over the last weekend agreed on contractual terms and conditions to safeguard the equity capital base of Helaba. A corresponding agreement was initialled yesterday and forwarded to the BaFin.
» Press Release of the owners of Helabam (PDF)
Helaba at EXPO REAL 2011
Over the years, EXPO REAL, the International Commercial Property Exposition in Munich, has become a trademark for the local and international real estate business.
Helaba reports best semi-annual Performance ever
- Pre-tax group profit rises to EUR 333 million after EUR 126 million
- Brenner confirms increased earnings target for 2011
- All risks in connection with Greece have been comprehensively taken into account
- Hardening of silent participations will be implemented in due course
Helaba Landesbank Hessen-Thüringen ended the first six months of fiscal 2011 on the basis of the semi-annual accounts with an IFRS group pre-tax profit of EUR 333 million. This is an increase by EUR 207 million on the previous year's first half.
Deutsche Bank, Helaba and KfW IPEX-Bank provide loans in a volume of EUR 100 million for five solar power stations in Italy
A banking syndicate consisting of Deutsche Bank, Helaba Landesbank Hessen-Thüringen and KfW IPEX-Bank has provided external financing for five important photovoltaic solar power stations in Italy. For this purpose, the syndicate provided loan finance in an amount of more than EUR 110 million.
Helaba publishes Stress Test Results
Helaba Landesbank Hessen-Thüringen publishes » its results of the EBA stress test in the format defined by EBA and on the Authority's Templates.
The results shown include the measures bindingly agreed upon and publicly announced on 28 April 2011 by the owners of Helaba for restructuring and adapting the silent participations in the amount of EUR 1.92 billion to the Basel III criteria. Consequently, Helaba reports a Core-Tier-1-Ratio of 6.8 per cent in the Results Box "C" (Template "Aggregate Information and Evolution of Capital"). From the point of view of the EBA, the silent participation by the State of Hesse would have to be reported together with the "non-hardened silent participations" in Results Box "D". This alone expresses the different positions maintained by Helaba and the European Banking Authority (EBA) in the stress test procedure.
Helaba passes Stress Test taking into Account hardened Silent Participations
- In the harshest scenario, the Bank attains a Core-Tier-1-Ratio of 6.8 per cent
- Helaba again gives proof of its robust condition and reports best semi-annual result ever, amounting to EUR 325 million
- Approach taken by the EBA not understandable
Helaba Landesbank Hessen-Thüringen successfully passes the Europe-wide stress test for 91 banks coordinated by the European Banking Authority (EBA).
Acciona Wind and Hydroelectric Power Portfolio, Spain
With a loan of € 74.3 million, Helaba is financing the Acciona Wind and Hydroelectric Power Portfolio in Spain.
Fitch upgrades S-Verbund's individual rating
Fitch Ratings has upgraded S-Finanzgruppe Hessen-Thueringen's (S-Verbund HT) Individual Rating to 'B'. The upgrade reflects i. a. the S-Verbund HT's prudent lending and demonstrated solid risk management practice during the financial crisis.
» Fitch upgrades S-Verbund's individual rating (PDF, 39 KB)Helaba sees strong Rise in Group Net Profit in the first Quarter
- Group net profit before taxes up 46 per cent
- Good net trading income and halving of loan loss provisions drive up operating income
- Helaba CEO Brenner expects an increase of group net profit of 10 per cent in 2011
In the first quarter, Helaba Landesbank Hessen Thüringen achieved a group net profit before taxes of €194 million. This is an increase by roughly 46 per cent.
London shopping centre "Westfield" for Commerz Real
In a club deal with Deutsche Hypo, Helaba is financing the London shopping centre “Westfield” for Commerz Real with GBP 250 m.
Joint press release of the owners of Helaba on EBA stress-tests
The owners of Helaba Landesbank Hessen-Thüringen - the German Federal States of Hesse and Thuringia and the Savings Bank and Giro Association Hesse-Thuringia (SGVHT) - have declared today that they will jointly take any steps required to ensure that Helaba will pass the European Banking Authority's (EBA) stress test for banks. "Helaba is a bank with a future, which is based on a solid foundation. Its owners have taken constructive measures to make the Landesbank fit for the upcoming stress test."
» Joint press release of the owners (PDF)
Balance sheet press conference - performance stable at a high level
Group net profit before taxes amounts to EUR 398 million – Owners to receive a dividend of 8 per cent; Tier-1 capital ratio rises to 9.6 per cent; earnings increase intended in 2011; perform EU Stress Tests only on the basis of prudential capital adequacy rules;
Learn more here:
» Press release » Financial data » Charts (PDF) » Photos
Refinancing of the Opéra portfolio in Paris
A pool of banks led by Helaba has granted a loan of EUR 138 million to Benson Elliot Capital Management and Générale Continentale Investissement. This concerns a portfolio of four buildings in Paris and the suburb Issy-les-Moulineaux.
Airbus A330-300 for AerCap / Virgin Atlantic
Helaba is financing around USD 78.5 millions for AerCap, one of the world’s largest aircraft leasing companies, for the first Airbus 330-300 of the British airline company Virgin Atlantic, which belongs to the Virgin Group, whose founder is Richard Branson.
Michael Kroeger becomes General manager of Helaba’s International Real Estate Lending
The fifty-one-year-old has deputized in this position since 2010. He joined Helaba in April 2006 and established the origination for Real Estate Financing in Central and Northern Europe.
Helaba and Berlin Hyp completing a joint GBP 140 m facility for Oxford Properties in London
London, Frankfurt, Berlin: Helaba Landesbank Hessen-Thüringen and Berlin Hyp, together with Oxford Properties Group, have successfully co-arranged a long-term debt financing facility for “Watermark Place” in the City of London, amounting to an initial of GBP 140 million.
“Watermark Place” for Oxford Properties in London
Helaba Landesbank Hessen-Thüringen and Berlin Hyp, together with Oxford Properties Group, have successfully co-arranged a medium-term debt financing facility for “Watermark Place” in the City of London, amounting to an initial GBP 140 million.
Helaba will use its market chances in Great Britain selectively
Greater London is the second largest foreign market, after the USA, for Helaba’s real estate financing. Our focus is on office property and retail real estate covering London and the southeast of the country.
Helaba Real Estate Group's 10th Visit to the EXPO REAL
Helaba Real Estate Group's 10th Visit to the EXPO REAL - Its Exposition is Expanded Once Again. The Helaba Landesbank Hessen-Thüringen, along with the Helaba real estate group companies, will be represented at the EXPO REAL in Munich from October 8-10.
Ursula-Brita Krück
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Measurable performance: Our most important key indicators at a glance.
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Figures, successes and background: Helaba’s Annual Reports available to download (PDF)