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.
NIBC whitepaper: how to attract growth capital?
The whitepaper provides an overview of the various forms of funding available to finance such a decisive moment. In addition, some experts give practical tips on how to effectively convince a bank, investor or other party to cooperate with such growth plans.
NIBC Bank’s net profit nearly doubled to EUR 87 mln in the first half of 2017
Operating income up by 37% to EUR 226 million (HY1 2016: EUR 165 million), backed by an increase in interest income of 19%, strong fee and investment income on the corporate client side, increased mortgage volumes and lower funding spreads
NIBC co-invests in FinLeap
NIBC is co-investing in FinLeap, a ‘company builder’ specialized in Fintechs. Finleap develops Fintech companies supporting them with strong infrastructure and guiding their growth.
EIB guarantee to meet underserved needs of inventive and fast growing mid-caps
A guarantee agreement with the European Investment Bank (EIB) will enable NIBC to provide up to EUR 500 million of loans to innovative mid-sized enterprises in the Dutch and German markets.
ABN AMRO, ING and NIBC call to unite in setting standards on responsible ship recycling
During the leading maritime NOR-shipping event in Oslo on May 30th 2017 ABN AMRO, ING and NIBC will present the Responsible Ship Recycling Standards (RSRS) for ship financing and call upon other financial institutions to unite in endorsing these. In doing so the banks hope to raise awareness of the importance of improving the end-of-life stage of ships.
NIBC invests in Ebury, innovative provider of cross border financial solutions
NIBC Bank is pleased to announce it has acquired a strategic stake in the fast growing fintech company Ebury. This transaction is the basis of a strategic partnership between NIBC and Ebury and further strengthens NIBC’s capabilities in providing entrepreneurial, inventive and professional solutions to its clients.
NIBC acquires stake in FinTech Flinqer
NIBC has taken a 30% stake in FinTech company Flinqer, a platform for cashflow management and dynamic discounting.