"HCOB has been one of the early-movers in renewable energy finance and has a strong track record in infrastructure. We are well positioned to leverage the opportunities that will arise in these more important than ever sectors.”

Inka Klinger, Head of Energy & Infrastructure

Project Finance

■ Focused on financing attractive infrastructure and renewables projects in Western, Northern and Southern Europe ■ Leader in digital infrastructure with strong, early-mover track record ■ Strong ESG footprint with renewable energy portfolio & capabilities ■ Broad client base in chosen segments with proprietary access to deal flow (developers, PE/ infrastructure funds, manufacturers, contractors, utilities & independent power producers)

Financials1

in € mn

H1 2024
H1 2023
Total Income
50
45
Loan loss provisions
-4
25
OpEx & regulatory costs
-23
-23
Net income after taxes
18
38
NIM in bps
264
238
Risk costs (loan loss prov.– %)2
-0.20
1.51
CIR in %
46
48
RoE3 in %
11.3
25.1
Gross new business in bn €
0.6
0.6

1) For further details on P&L please refer to the Segment Reporting | 2) Risk Costs (LLP/ b/s) | 3) RoE after taxes based on a 13%-ratio of invested CET1 capital as reported

Rating

distribution in %


H1 2024

YE 2023

Energy

Infrastructure

Invest-ment Grade

0.9
0.7
0.2
0.1

6-9

0.5
0.9
0.1
0.8

10-15

0.5
0.5
0.4
0.6

Default

0.2
0.0
0.4
0.4
See portfolio details