NIBC advises J.C. Flowers on the acquisition of HSH Nordbank
NIBC is proud to announce to have advised J.C. Flowers in its acquisition of HSH Nordbank from the German states of Hamburg and Schleswig-Holstein who owned the bank since the financial crisis.
NIBC releases Annual Report 2017
Monday, 26 February 2018, NIBC published its Annual Report Holding and Bank 2017. An English PDF version of both reports are available on our special Annual Report 2017 website.
Net profit for 2017 more than doubled to EUR 213 mln (FY 2016: EUR 104 mln)
Return on Equity (ROE) nearly doubled to 11.9% for the full year 2017, compared to 6.0% full year 2016 and Corporate Client offering added substantial revenues from fee and investment income on the back of increased client activity.
Fitch upgrades NIBC Bank to ’BBB’ on Structural Improvement of Earnings
Yesterday, 20 December 2017, Fitch Ratings raised NIBC Bank N.V.’s (NIBC) long-term issuer Default Rating (IDR) to ‘BBB’, from ‘BBB-‘, stable outlook.
Oil & Gas Services changes into Offshore Energy
This development requires a bank to adapt to the changing environment for its clients and society. NIBC therefore changes the name of one of its sectors, 'Oil & Gas Services', into' Offshore Energy'.
NIBC brings Advicenne to Euronext Paris
NIBC is pleased to announce the successful completion of the Initial Public Offering (IPO) of pharmaceutical company Advicenne on Euronext Paris. Advicenne raised EUR 28.1 million which will enable the commercial launch of its lead drug.
From one bank to another
Recently NIBC organised the ‘NIBC Challenge’ together with the Voedselbank Haaglanden. Over 25 enthusiastic Young NIBC colleagues and volunteers from the Voedselbank worked together to find a solution for optimising cash flows at Voedselbank Haaglanden. Five teams of six people worked together, starting with an out-of-the-box brainstorm in the morning, followed by drafting a business model canvas in the afternoon.
S&P upgrades NIBC Bank to ’BBB / A-2’ on Improved Funding and Earnings Profiles; Outlook Stable
Today, 12 October 2017, S&P Global Ratings raised its long- and short-term counterparty credit ratings on NIBC Bank N.V. from ‘BBB-/A-3’ to ‘BBB/A-2’, stable outlook.
Richard Carríon appointed to NIBC Supervisory Board
NIBC is pleased to announce the appointment of Mr Richard Carrión as a member of NIBC’s Supervisory Board as per 29 September 2017. As member of the Supervisory Board, he will become member of the Risk Policy & Compliance Committee.
NIBC successfully places EUR denominated Additional Tier 1 (AT1) bond
Following a two-day European roadshow NIBC launched a EUR 150 million AT1 transaction last Friday. The EUR 200 million AT1 issuance fulfils the bank’s AT1 allowance, resulting in capital optimisation.