Deutsche Pfandbriefbank

EBA launches 2023 EU-wide stress test.

Retrieved on: 
Saturday, February 4, 2023

31 January 2023

Key Points: 
  • 31 January 2023
    The European Banking Authority (EBA) launched today the 2023 EU-wide stress test and released the macroeconomic scenarios.
  • In terms of GDP decline, the 2023 adverse scenario is the most severe used in the EU wide stress up to now.
  • The EBA expects to publish the results of the exercise at the end of July 2023.
  • Compared to previous EU-wide stress tests, the 2023 exercise covers an additional 20 banks.

EBA launches 2023 EU-wide stress test

Retrieved on: 
Thursday, February 2, 2023

31 January 2023

Key Points: 
  • 31 January 2023
    The European Banking Authority (EBA) launched today the 2023 EU-wide stress test and released the macroeconomic scenarios.
  • In terms of GDP decline, the 2023 adverse scenario is the most severe used in the EU wide stress up to now.
  • The stress test assesses the solvency of EU banks in a hypothetical adverse macroeconomic scenario over a three-year horizon (2023-25).
  • These banks were provisionally included in the sample for the 2023 EU-wide stress test to offset possible exclusions of banks before the launch of the exercise.

Bite Investments Builds Out Executive Management Team With Four New Strategic Hires

Retrieved on: 
Monday, April 25, 2022

LONDON, April 25, 2022 /PRNewswire-PRWeb/ -- Bite Investments, an international alternative investments and technology company, today announced that it made four significant hires in support of its expansion. Bite's mission is to utilize its technology platform to expand access to the alternative investment ecosystem.

Key Points: 
  • Justin joined Bite from Blackstone's subsidiary, La Trobe Financial (recently sold to Brookfield Asset Management in March 2022), where he sat on top of client partnerships across the wealth management industry.
  • I'm thrilled about joining the leadership team at Bite and furthering the company's mission to make alternative investments accessible to a wider audience."
  • About Bite Investments: Bite Investments is a financial technology company created to expand access to alternative investments.
  • Bite Investments is a fintech company led by an international team with extensive experience in alternative investments, financial engineering, and technology.

DGAP-News: Early refinancing: DIC lowers average interest rate of its financing, cash flow for further investments

Retrieved on: 
Thursday, December 23, 2021

Early refinancing: DIC lowers average interest rate of its financing, cash flow for further investments

Key Points: 
  • Early refinancing: DIC lowers average interest rate of its financing, cash flow for further investments
    The issuer is solely responsible for the content of this announcement.
  • Early refinancing: DIC lowers average interest rate of its financing, cash flow for further investments
    FFO-effective interest savings in the amount of c. EUR 5 million p.a.
  • DIC Asset AG ("DIC"), ISIN: DE000A1X3XX4, one of Germany's leading listed property companies, concluded the early refinancing of a collateralised loan in the amount of c. EUR 550 million with a seven-year maturity today.
  • The average level of interest on the bank debt of investment properties has fallen to 1.2%.

Board Advisors AG: LEA Partners GmbH Acquires Base-Net Informatik AG

Retrieved on: 
Wednesday, November 3, 2021

LEA Partners GmbH (LEA), a private equity and venture capital investor based in Karlsruhe, Germany, today announced the acquisition of Base-Net Informatik AG (Base-Net), a Swiss software provider leading in the field of credit and mortgage management.

Key Points: 
  • LEA Partners GmbH (LEA), a private equity and venture capital investor based in Karlsruhe, Germany, today announced the acquisition of Base-Net Informatik AG (Base-Net), a Swiss software provider leading in the field of credit and mortgage management.
  • Board Advisors Deutschland AG acted as the exclusive M&A advisor to the shareholders of Base-Net.
  • "I am extremely pleased that, through the efforts of Board Advisors, we were able to find a new majority shareholder that is equally beneficial to the customers and employees of Base-Net Informatik AG.
  • Board Advisors currently has own operations in Berlin, Zurich, Sursee, Basel, Nice, Munich and Manchester and has a network of international cooperation partners.

Deutsche Pfandbriefbank AG: pbb Expected to Pay Its Dividends without Tax Deduction for the Next Five to Seven Years

Retrieved on: 
Tuesday, April 16, 2019

Deutsche Pfandbriefbank AG (pbb) will be in a position to distribute dividends without deduction of taxes (i.e.

Key Points: 
  • Deutsche Pfandbriefbank AG (pbb) will be in a position to distribute dividends without deduction of taxes (i.e.
  • free of capital gains tax and solidarity surcharge, as well as church tax where applicable) for the foreseeable future.
  • Based on current assumptions, pbb expects this to apply for dividend payments pertaining to the next five to seven years - including the dividend for the 2018 financial year, which is yet to be resolved by the annual general meeting.