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Contact

Uwe Kirchner
Head of Marketing & Communications

Phone: +49 (0)40/33 34-23 18
Fax.: +49 (0)40/33 34-29 12
E-Mail: uwe.kirchner(at)dghyp.de

 

Contact

Julia Steudel
Senior Manager – Communications

Phone: +49 (0)40/33 34-25 83
E-Mail: julia.steudel(at)dghyp.de

Presseinformation

15.08.2017

First half of 2017 produces another set of good results for DG HYP

€2.7 billion in new Commercial Real Estate Finance Business - Net interest income at a good level and stable - Growing new business with the Volksbanken Raiffeisenbanken cooperative financial network

DG HYP has posted another set of good results: the first half of 2017 showed positive developments – both in new business for Commercial Real Estate Finance as well as the bank’s financial performance, which has been stable at a good level for several years. On a particularly satisfactory note, closer cooperation with the Volksbanken Raiffeisenbanken cooperative financial network has resulted in a significant rise in joint lending activity.

In Commercial Real Estate Finance, DG HYP generated €2.7 billion in new business (H1 2016: €3.4 billion), slightly below the exceptionally strong new business result of the same period last year. The figure, however, was still slightly above the bank’s expectations. Joint lending with cooperative banks increased by more than a third, to €1.5 billion (H1 2016: €1.1 billion). DG HYP does business jointly with more than 400 cooperative banks in regional markets throughout Germany.

The entire media Information ist available here

On 31 August 2017, we will publish the complete annual report on our Website.