Press archives
Press releases 2016
Rentenbank expects 2017 funding volume of up to EUR 12 billion
Landwirtschaftliche Rentenbank, based in Frankfurt am Main, expects a total issuance of up to EUR 12 billion with maturities of more than two years in 2017. The medium and long-term funding volume will thus remain broadly flat compared to the current financial year. Germany’s development agency for agribusiness plans to raise up to 40% of its medium and long-term funding via benchmark bonds, with a minimum volume of EUR 1 billion or USD 1 billion each. The funding program will be complemented by other liquid issues and private placements in various currencies, especially in euros, US dollar...
read moreImke Ettori to leave Rentenbank
Ms. Imke Ettori will step down from the Board of Managing Directors of Rentenbank by mutual agreement with the Supervisory Board of Rentenbank, with effect as of September 30, 2016. With her many years of experience in the lending business, Ms. Ettori was responsible for Credit Risk Management and Operations Financial Markets. Joachim Rukwied, Chairman of the Supervisory Board of Rentenbank, said: “The departure is by best mutual agreement. We would like to express our sincere thanks to Ms. Ettori for her successful endeavors. While we regret Ms. Ettori’s leaving, we wish her all the very b...
read moreRentenbank: Promotional business dampened by weak agricultural markets
First half of 2016 Frankfurt. The subdued performance of agricultural markets is reflected in the interim results of Landwirtschaftliche Rentenbank. For the first half of 2016, Germany’s development agency for agribusiness reported a new business volume of EUR 3.4 billion in low-interest special promotional loans, down 6.9% year-on-year. Due to the challenging market environment faced by many agricultural enterprises, liquidity assistance loans remained high in demand. Their volume amounted to EUR 89.5 million in the first six months of 2016. “Our business is of course affected by the diffi...
read moreFiscal year 2015: Rentenbank’s special promotional loans at record level
Fiscal year 2015: Special promotional loans and new issuance at record level, slight decrease in IFRS operating result, improved capital ratios. First quarter 2016: Sustained high demand for special promotional loans, successful new issuances. Today in Frankfurt am Main, the Board of Managing Directors of Landwirtschaftliche Rentenbank – Germany’s development agency for agribusiness – expressed its satisfaction with the bank’s performance in 2015 at the press conference on annual results. “New business in special promotional loans reached a record high of EUR 7.8 billion. The...
read moreFiscal year 2015 at Rentenbank: Record demand for promotional loans
Frankfurt am Main – According to preliminary figures, Rentenbank reported a peak in demand for its promotional loans. Despite the challenging economic situation in agriculture, new business in low-interest special promotional loans was up 13.8 % year on year, reaching a new record high of EUR 7.8 billion in 2015. However, demand for loans to ensure the liquidity of agricultural enterprises was also on the rise. For the first time in five years, the volume of the liquidity assistance loans is again in the triple-digit million range, amounting to EUR 345.2 million. Total new promotional busin...
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