The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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Landesbank Saar, Saarbrücken (SaarLB) has successfully positioned itself as the Franco-German SME<br />
bank. Boasting EUR 19 billion in total assets, it is the largest financial institution in the Saarland region.<br />
<strong>The</strong> Bank’s core markets are the German state of Saarland and in the neighbouring regions of France,<br />
particularly in the country’s prosperous northeast.<br />
SaarLB’s activities are geared toward small and medium-sized enterprises, HNWI customers and customers<br />
seeking commercial real estate financing. With its “cross-border” market knowledge, the Bank is familiar<br />
with the customary business practices and legal norms in both Germany and France. Its customers are<br />
served by bilingually-trained staff.<br />
SaarLB also provides financing for mainly regional public-sector budgets and for renewable energy<br />
projects. <strong>The</strong> Bank is authorised to issue <strong>Pfandbrief</strong>s, in accordance with the German <strong>Pfandbrief</strong> Act, as<br />
well as other bonds, and is a member in the Association of German <strong>Pfandbrief</strong> Banks (vdp).<br />
As the central bank to the Saarland savings banks, and in its capacity as associated partner of the Sparkassen-Finanzgruppe<br />
Saar, SaarLB conducts vigorous syndicate business with the regional savings banks.<br />
It is also a centre of competence, particularly in corporate finance, securities transactions and international<br />
commercial business.<br />
Rating: Mortgage Public Non-guaranteed Non-guaranteed Financial<br />
<strong>Pfandbrief</strong>e <strong>Pfandbrief</strong>e short-term liabilities long-term liabilities strength<br />
Moody‘s – – P-1 A1 D<br />
Fitch – – F1 A D<br />
138<br />
Selected key figures<br />
Total assets<br />
2010<br />
in Mio. €<br />
19,064<br />
2009<br />
in Mio. €<br />
18,740<br />
Mortgage loan portfolio<br />
2,865<br />
2,774<br />
Public-sector loan portfolio<br />
2,353<br />
1,372<br />
Total funds outstanding (registered and bearer bonds)<br />
Mortgage <strong>Pfandbrief</strong>e incl. Ship <strong>Pfandbrief</strong>e<br />
473<br />
530<br />
Public <strong>Pfandbrief</strong>e<br />
2,176<br />
2,295<br />
Unsecured bonds<br />
3,380<br />
3,481<br />
Jumbo issues outstanding<br />
0<br />
0<br />
Refinancing funds raised 1)<br />
Ship <strong>Pfandbrief</strong>e<br />
0<br />
0<br />
Mortgage <strong>Pfandbrief</strong>e<br />
85<br />
25<br />
Public <strong>Pfandbrief</strong>e<br />
325<br />
170<br />
Unsecured bonds<br />
45<br />
0<br />
Promissory notes<br />
0<br />
0<br />
Own funds as shown in the balance sheet – total –<br />
Core capital (without net income)<br />
758<br />
758<br />
Profit-sharing capital<br />
82<br />
140<br />
Subordinated liabilities<br />
144<br />
180<br />
Net interest income<br />
111<br />
164,0<br />
Administrative expenditure<br />
-72<br />
-69,0<br />
Operating result before risk provisions and valuation<br />
61<br />
105,0<br />
Provisions for risks<br />
35<br />
72,0<br />
Operating result after risk provisions and valuation<br />
31<br />
29,0<br />
Income for the year<br />
0<br />
0<br />
1)<br />
only securitized liabilities<br />
Presence in electronic media: Reuters, Bloomberg<br />
Contacts:<br />
Treasury Joachim Schäfer Tel.: +49 681 383-1521 joachim.schaefer@saarlb.de<br />
Funding Hans-Peter Arweiler Tel.: +49 681 383-1685 hans-peter.arweiler@saarlb.de<br />
Investor Relations Dieter Gläsener Tel.: +49 681 383-1362 dieter.glaesener@saarlb.de