Press archives
Press releases 2013
Rentenbank plans to raise again around €10 billion in 2014
For 2014, Landwirtschaftliche Rentenbank expects the volume of its funding with terms in excess of two years to be around €10 billion. Rentenbank's medium and long-term funding requirement is therewith similar to previous year's level. "Investors appreciate the reliability with which Rentenbank executes its funding program. The fact that our funding requirement has remained stable at €10 billion to €12 billion for many years highlights the continuity and the predictability of our funding activities," noted Horst Reinhardt, Speaker of the Board of Managing Directors of Rentenbank. The promo...
read moreRentenbank: Joachim Rukwied new Chairman of the Advisory Board
Joachim Rukwied (52), president of the German Farmers' Association (DBV), today was elected chairman by the Advisory Board of Landwirtschaftliche Rentenbank. He succeeds Gerd Sonnleitner (65), honorary president of the DBV, who held the chairmanship since 1998 and was a member of the Advisory Board since 1992. Rukwied's deputy is Federal Minister Dr. Hans-Peter Friedrich, MdB (56), Acting Federal Minister of Food, Agriculture and Consumer Protection (BMELV), who succeeded Ilse Aigner (48) on the Advisory Board of Rentenbank on 1 October 2013. Aigner resigned from her office at BMELV on 30 S...
read moreFirst half of 2013: Rentenbank's promotional loans granted to the agricultural sector continue to rise
Special promotional loans: commitments for farm buildings, machinery and land purchases grow at double-digit rates, promotional loans for renewable energies below prior-year level. Issuance activity: more than half of the medium and long-term funding requirement for 2013 has already been raised, U.S. dollar most important currency. Capital ratios improve: total capital ratio: 31.7%, core capital ratio: 25.6%. The business trend of Landwirtschaftliche Rentenbank, Frankfurt/Main, during the first half of 2013 was characterized by a buoyant demand for low-interest special promotional l...
read moreFiscal year 2012: Rentenbank's special promotional loans reach new record level
Fiscal year 2012: special promotional loans granted continue to rise, net interest income influenced by wider margins, Group's operating result (IFRS) above prior-year level, capital ratios improve further (core capital ratio: 21.3%; total capital ratio: 27.5%). First quarter of 2013: demand for special promotional loans almost on prior-year level, successful issuance activities. The Board of Managing Directors of Landwirtschaftliche Rentenbank, Frankfurt/Main, is very satisfied with the business development in the current fiscal year 2013 as well as with the financial results...
read moreNew appointment
On March 22, 2013, the Board of Managing Directors of Landwirtschaftliche Rentenbank - Germany's development agency for agribusiness - appointed Dr. Horst Reinhardt (58) as its speaker. The decision was made in agreement with the chairman of the Advisory Board, Gerd Sonnleitner, and will be effective April 1, 2013. After training as a bank apprentice and completing studys in economics at the University of Bonn, Dr. Reinhardt received an MBA from the University of Georgia, Athens, USA, and later on a doctorate in economics from the University of Bonn. Dr. Reinhardt began his professional car...
read moreRentenbank Fiscal Year 2012: Further growth of promotional loans for the agricultural sector
Demand for special promotional loans from the promotional bank for agribusiness increased again, due to improved economic conditions on the agricultural markets and interest rates at a historically low level. With new commitments of € 6.5 billion (2011: € 6.3 billion), special promotional loans reached a new record level in 2012. According to initial calculations, the bank's loan portfolio in this promotional segment grew by 12.7 % to € 30.2 billion (€ 26.8 billion). Low-interest loans in the fields of "Agriculture" and "Agribusiness" were in particularly high demand, each growing by over 4...
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