GGB buyback underlines NIBC's strong financial and liquidity position

NIBC has decided to concentrate its global Shipping & Intermodal and Oil & Gas Services activities in its office in The Hague, following a rationalisation of the bank's operations in these sectors abroad.

NIBC has appointed Caroline Oosterbaan as Head of M&A, effective 20 March 2013.

Bank reports strong capital and liquidity position

Kees van Dijkhuizen, Vice Chairman and Chief Financial Officer (CFO) of NIBC will leave the bank on 1 May 2013 after having worked with the bank for 7.5 years.

NIBC to accelerate buyback due to strong financial and business position. Today, NIBC Bank announced two tender offers for the buy back of Government-guaranteed bonds (GGBs) expiring in April and December 2014 to a maximum of the equivalent of EUR 1 billion. These tender offers, one in the US and one in Europe, substantially accelerate the buyback of the outstanding Government-guaranteed bonds. In 2012, NIBC Bank already bought back EUR 500 million of GGBs expiring in April 2014.

NIBC to accelerate buyback due to strong financial and business position. Today, NIBC Bank announced two tender offers for the buy back of Government-guaranteed bonds (GGBs) to a maximum of the equivalent of EUR 1 billion. These tender offers, one in the US and one in Europe, substantially accelerate the buyback of the outstanding Government-guaranteed bonds. In 2012, NIBC Bank already bought back EUR 500 million of GGBs expiring in April 2014.

Transaction follows DMBS XVII that was issued in September 2012.

Today, NIBC Bank launched Dutch MBS XVIII, a securitisation under the bank?s Dutch residential mortgage backed programme. The transaction was very well received by European investors, only four months after the successful closing of Dutch MBS XVII in September 2012.

NIBC Bank has today successfully issued a new CHF denominated senior unsecured bond for an amount of CHF

150,000,000, with a term of 3 years and 10 months, and a coupon of 3%.

Medewerkers van NIBC zullen tijdens 'Bank voor de klas' 36 gastlessen verzorgen op basisschool van hun kinderen, of op scholen bij hen in de buurt. Wij geven onze medewerkers graag de kans om zich in te zetten voor een project dat jonge kinderen leert hoe ze met geld moeten omgaan.

Last week, NIBC Bank finalized the buy back of EUR 250 million of Government Guaranteed Bonds (GGBs) issued by NIBC Bank. In June this year, NIBC Bank already bought back a portion of GGBs of the same size. Both transactions involved the NIBC GGB due 7 April 2014.

Today, Vopak Terminal Eemshaven has been inaugurated by Marijke van Beek, Mayor of Eemsmond; Harm D. Post, Director of Groningen Seaports; Jeroen Drost, Chairman and CEO of NIBC; and Eelco Hoekstra, CEO and Chairman of the Executive Board of Royal Vopak. The terminal is located in the port of Eemshaven, part of the Eemsmond municipality in the Netherlands.

Today, NIBC Bank successfully launched Dutch MBS XVII, the new residential mortgage backed securitisation issued under its longstanding Dutch MBS programme. The deal has a total size of EUR 526.5 million and is collateralised by a portfolio of high quality Dutch residential mortgages.

NIBC teilte heute mit, dass Christian Werner zum Leiter des Sektors Technologie, Medien & Services der NIBC Bank N.V. in Deutschland berufen wurde. Christian Werner wird für den Ausbau des deutschen Geschäfts im Sektor Technology, Media & Services verantwortlich sein und die weitere Expansion von NIBC?s schnell wachsendem Deutschland-Geschäft unterstützen.

Daniel Couvreur will be retiring from his role as Country Manager NIBC Belgium as of 30 June 2012. He will stay actively involved as a NIBC senior board advisor.