DZ HYP successfully places mortgage covered bond
After a challenging year on the capital market so far with a high supply of covered bond issues, DZ HYP used Tuesday, 7 November 2023, to place a bond worth EUR 500 million on the capital market for the fifth time this year.
Interesting insights during construction site tour of the "Berlin Decks" commercial campus
"BERLIN DECKS" is currently being built as a campus for innovative and creative Industry 4.0 companies - an exciting project on the Spandauer Schifffahrtskanal, which is being financed by DZ HYP together with two local cooperative banks.
DZ HYP publishes German Pfandbrief Market Report 2023/2024
The market for Pfandbriefe grew in a difficult economic environment in the first half of 2023. This is likely due to the continued high level of confidence in the Pfandbrief as a long-term refinancing instrument. Legal foundations such as the strict rules on the mortgage lending value and maximum loan-to-value ratios of 60 percent contribute significantly to this trust and create the basis for a stable development of risk premiums.
DZ HYP publishes half-yearly financial report 2023
Stable economic situation, featuring lower levels of new business
DZ HYP looks back on a challenging first half-year 2023. The previous year’s turnaround of the macroeconomic environment continued to impact upon the German economy.
Management Board of DZ HYP complete with Stefan Schrader from 1 November2023
Stefan Schrader will complete DZ HYP‘s Management Board - consisting of Sabine Barthauer (Chief Executive Officer) and Jörg Hermes - as Back Office and Chief Risk Officer, from 1 November 2023. The Supervisory Board of DZ HYP appointed Stefan Schrader as a regular member of the bank's Management Board on 16 May 2023.
DZ HYP issues € 500 mn Green Pfandbrief
The covered bond market returned from its summer break at the same time as the end of the summer vacations in some Germany federal states. DZ HYP took advantage of the positive market sentiment to issue a EUR 500 million Green Mortgage Pfandbrief with a maturity of 4.5 years and a coupon of 3.375 per cent.
Sabine Barthauer is the new Chief Executive Officer
Sabine Barthauer took over as Chief Executive Officer of DZ HYP on 1 August 2023. Together with Jörg Hermes, she will manage the bank's business until Stefan Schrader completes DZ HYP's Management Board as its third member.
Sustainability Report 2022 published
DZ HYP published its sustainability report for 2022 today. In it, the bank comprehensively documents all important sustainability aspects, the central progress in 2022 and provides information on the goals of further sustainability development.
DZ HYP issues 10-year Pfandbrief
Personnel change at DZ HYP’s Management Board
Supervisory Board appoints Stefan Schrader as a full member of the Bank’s Management Board.
At its meeting yesterday, the Supervisory Board of DZ HYP appointed Mr Stefan Schrader as a full member of DZ HYP’s Management Board. He will assume responsibility for the Back Office and the Risk function as Chief Risk Officer, succeeding Ms Sabine Barthauer, who will assume the function of Chief Executive Officer together with responsibility for the Front Office divisions, from Dr Georg Reutter with effect from 1 August 2023.
DZ HYP issues public Pfandbrief
DZ HYP successfully executed its second benchmark transaction this year on Tuesday, 04 April 2023. The Public Pfandbrief, with a volume of € 500 million, has a duration of four years and six months, and a coupon of 3.00 per cent.
DZ HYP posts solid results for the 2022 financial year
DZ HYP looks back on a stable financial year 2022. The Bank performed well in an environment characterised by significant increases in interest rates and energy prices, combined with high inflation in the wake of the war in Ukraine. At €455 million before taxes (2021: €588 million), DZ HYP provided a substantial contribution to DZ BANK Group’s IFRS result.
DZ HYP publishes Green Bond Reporting 2022
DZ HYP issues green dual tranche of 1 billion euros
On Monday, 9 January 2023, DZ HYP successfully issued two green benchmark bonds on the market as part of a dual tranche. The proceeds raised will be used to finance sustainable real estate in Germany in a targeted manner. With this transaction, DZ HYP continues its path towards becoming a permanent issuer of sustainable bonds.