Press Releases
For the latest news and trends – Helaba’s news service.
Balance sheet press conference
Helaba reports best-ever Group Earnings Before Tax under IFRS in an amount of EUR 492 million - owners will receive a dividend of 8 per cent - requirements of EBA and Basel III are satisfied - regulatory environment requires portfolio adaptations and cost optimisation.
» Press release » Financial data » Presentation (PDF)
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.
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.
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.
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