H1 2025 Major Milestones
Jan
Paulus de Wilt new Chairman of the Supervisory Board
Paulus has succeeded interim Chairman Chad Leat, who remains a Supervisory Board member and Risk Committee Chairman.
HCOB issues EUR 500 million senior preferred bond
The first benchmark issue of the year has a maturity of five years, was oversubscribed approximately three times with a total demand of EUR 1.5 billion, and was placed with investors from Germany (c. 30%), the UK/Ireland (c. 29%), France (c. 15%) and other European countries.
Feb
HCOB supports the acquisition financing of B+T Group by Igneo Infrastructure Partners
HCOB acts as the cornerstone lender for the acquisition financing of the B+T Group by funds managed by Igneo Infrastructure Partners. The total financing is provided by HCOB together with a banking consortium.
Mar
Annual result 2024: Solid operating performance and EUR 248 million pre-tax profit
HCOB confirms its preliminary figures for the financial year 2024 and the IFRS net income before taxes of EUR 248 (prior-year: 427) million that it had presented in mid-February.
Apr
HCOB provides follow-up financing for the construction of a biofuel plant
HOLBORN Europa Raffinerie GmbH is receiving follow-up financing of EUR 100 million for the construction of a green diesel production plant The company had already secured financing of the same amount in 2023.
HCOB announces transformation program
This strategic realignment focuses on becoming a German bank with a European focus based on three objectives: 1) focusing on franchise to deliver more client value, 2) simplifying the business model and processes, and 3) enhancing funding sources
May
New location in the Netherlands
The HCOB shipping team moves into a modern and energy-efficient office complex, which is located at Amsterdam Schiphol Airport. This location is ideal for traveling to see our international customers and our headquarters in Hamburg.
HCOB finances retail group GLOBUS
HCOB has acquired the GLOBUS Group as a new corporate client and is providing it with financing of €50 million. The group employs more than 36,000 people, around 28,000 of whom are based in Germany.
Jun
Improved ESG Rating
The HCOB is awarded a C rating in the ESG Corporate Rating by the renowned rating agency ISS, thereby achieving prime status within our peer group.
HCOB finances acquisition of “Kaufmannshaus” in Hamburg
HCOB is providing the London-based asset manager Attestor Ltd. with an acquisition and investment loan . The property comprises around 24,000 square meters across six floors, surrounding a glass-roofed atrium.