The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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Aareal Bank Group, headquartered in Wiesbaden, Germany is one of the leading international property<br />
specialists. With employees from over 30 nations, the Group has local offices on three continents – in Europe,<br />
North America and Asia. <strong>The</strong> parent company of the Group is the MDAX-listed Aareal Bank AG combining all<br />
subsidiaries within the two segments Structured Property Financing and Consulting/Services.<br />
<strong>The</strong> Structured Property Financing segment provides property financing solutions for national and international<br />
clients on three continents. <strong>The</strong> Bank’s strength lies in the combination of local market expertise and special<br />
industry know-how. Besides local experts, it has at its disposal specialist teams for logistics, retail property and<br />
hotel financing packages. This alliance enables the Bank to offer the best possible financing concepts, designed<br />
to meet the specific requirements of its clients in Europe, North America and Asia.<br />
Aareal Bank has established itself as an active and reliable issuer of <strong>Pfandbrief</strong>e and senior unsecured and subordinated<br />
debt in the capital markets.<br />
<strong>The</strong> Consulting/Services segment offers services for the housing and the commercial property industry as well as<br />
for the energy and waste disposal market. <strong>The</strong>se comprise specialised banking services, Electronic Banking, the<br />
automated settlement of mass payment transactions and the optimisation of advanced processes. Benefiting from<br />
more than 50 years of experience, Aareal Bank Group furthermore offers consultancy services, software solutions<br />
and services to optimise the IT-supported business processes of property companies and their associates. <strong>The</strong><br />
Group’s service portfolio consistently focuses on matching the requirements of its clients.<br />
Rating: Mortgage Public Short-term Long-term<br />
<strong>Pfandbrief</strong>e <strong>Pfandbrief</strong>e liabilities liabilities<br />
Fitch AAA AAA F1 A–<br />
84<br />
Selected key figures*<br />
Total assets<br />
2010<br />
€ million<br />
41,217<br />
2009<br />
€ million<br />
39,569<br />
Mortgage loan portfolio<br />
22,884<br />
21,838<br />
of which cross-border<br />
19,195<br />
18,164<br />
Mortgage loan commitments<br />
6,673<br />
3,843<br />
of which cross-border<br />
5,744<br />
3,251<br />
Public-sector loan portfolio<br />
9,857<br />
9,348<br />
of which cross-border<br />
5,032<br />
4,796<br />
Public-sector loan commitments<br />
n. s.<br />
n. s.<br />
of which cross-border<br />
n. s.<br />
n. s.<br />
Total funds outstanding (registered and bearer bonds)<br />
23,048<br />
23,126<br />
Public <strong>Pfandbrief</strong>e<br />
3,010<br />
2,811<br />
Mortgage <strong>Pfandbrief</strong>e<br />
8,091<br />
7,368<br />
Unsecured bonds<br />
4,687<br />
5,367<br />
Promissory notes<br />
7,260<br />
7,580<br />
Jumbo issues outstanding<br />
1,000<br />
2,000<br />
Refinancing funds raised<br />
3,943<br />
5,403<br />
Public <strong>Pfandbrief</strong>e<br />
265<br />
33<br />
Mortgage <strong>Pfandbrief</strong>ee<br />
2,155<br />
2,301<br />
Unsecured bonds<br />
812<br />
2,530<br />
Promissory notes<br />
711<br />
539<br />
Own funds as shown in the balance sheet – total –<br />
3,177<br />
3,297<br />
Core capital (without net income)<br />
1,909<br />
2,028<br />
Profit-sharing capital<br />
480<br />
482<br />
Subordinated liabilities<br />
560<br />
559<br />
Net interest income<br />
509<br />
460<br />
Administrative expenditure<br />
366<br />
361<br />
Operating result before provisions for risks<br />
239<br />
237<br />
Provisions for risks<br />
105<br />
150<br />
Operating result after provisions for risks<br />
134<br />
87<br />
Income for the year<br />
76<br />
49<br />
*Aareal Bank Group<br />
Presence in electronic media: Reuters: ARLG.DE; Bloomberg: ARL<br />
Contacts:<br />
Head of Treasury: Dr. Tammo Diemer Tel.: +49 611 348-3001 tammo.diemer@aareal-bank.com<br />
Asset-Liability-Management: Tanja Stephan Tel.: +49 611 348-3883 tanja.stephan@aareal-bank.com<br />
Head of Money Markets: Michael Hamp Tel.: +49 611 348-3861 michael.hamp@aareal-bank.com<br />
Head of Capital Markets: Tobias Engel Tel.: +49 611 348-3851 tobias.engel@aareal-bank.com<br />
Capital Markets: Jan Siemon Tel.: +49 611 348-3852 jan.siemon@aareal-bank.com<br />
Head of Investor Relations: Jürgen Junginger Tel.: +49 611 348-2636 juergen.junginger@aareal-bank.com
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