Short Portrait
HSH Nordbank at a glance
HSH Nordbank is a dependable partner to the business community in northern Germany. In the higher-end corporate client business we are market leader in this home region. As one of the major providers of real estate finance in Germany, we focus on serving our commercial real estate clients. To our clients in the Private Banking segment we offer in-depth advice combined with innovative products. We have particular know-how in looking after foundations. Based on close and partnership-like collaboration, we support the savings banks, particularly in Schleswig-Holstein, with solution-oriented products.
We also operate internationally in the regionally rooted key industries of shipping, transportation and energy. As the world’s leading provider of ship finance we have been in this market for decades. In the transportation sector, we are a close partner to the aviation industry and are also engaged in financing transport-related infrastructure projects. We offer our clients tailored finance solutions and advisory services. In the energy sector, we are a top provider of finance for wind and solar-energy projects in Europe, and leading in this important market for northern Germany.
The activities in the financial-markets division focus mainly on funding and liquidity management. Furthermore, the division supports client activities by providing tailored products, such as risk hedging in rates, currencies and commodities.
Effective December 1, 2009 the Restructuring Unit represents a new segment with a stand-alone organizational structure within HSH Nordbank. The Restructuring Unit's central task is to wind down or profitably divest with due care and in a controlled manner HSH Nordbank's activities and business segments that are not compatible with its new strategy or that entail high risks, and therefore to strengthen the position of the core bank. Customers' best interests will continue to be guaranteed in the course of this process.
Established on June 2, 2003, HSH Nordbank AG is the result of the merger between Hamburgische Landesbank and Landesbank Schleswig-Holstein (LB Kiel). It has total assets of some EUR 173 billion and 3,500 full-time positions worldwide. HSH Nordbank has twin headquarters in Hamburg and Kiel.
Current Shareholders

Group Key Figures (IFRS)
| 1/1/2010 - 3/31/2010 | 2009 | |
|---|---|---|
| Total assets (€ bn) | 173 | 175 |
| Core capital ratio incl. market risks (in %) | 9.81 | 10.51 |
| Group net loss (€ mn) | - 276 | - 679 |
| Full-time positions (group) | 3,500 | 3,610 |
Rating
The international ratings agencies Moody's and Fitch Ratings have issued credit assessments on
Ratings
Support
Maintenance and guarantee obligations from the guarantors – German states of Hamburg and Schleswig-Holstein – continue to apply to senior and lower Tier II issues.
More about maintenance and guarantee obligations
Business Areas
- Upper medium-sized corporate clients in North Germany with a focus on long-term client-relations and profound sector knowledge as well as nationwide sector approach driven by competence (e.g. healthcare, food & beverage, logistics) and a long-term perspective
- Strong consulting expertise as well as a comprehensive range of products
- Distinct structuring capabilities
- Relationship Bank with a focus on long-term and trustful client relations to selected players within the real estate sector
- Acknowledged sector specialist with profound market know-how
- Offering all loan and other banking products relevant to real estate companies
- Focused on North Germany and nationwide business activities in the metropolitan regions
- Comprehensive solutions for wealthy private clients
- Combining the personal style of a private bank and the institutional know-how of a wholesale bank
- Trustworthy partner with numerous locations in North Germany
- Comprehensive consulting services for savings banks a) in their core business segments “private and corporate clients”, b) management of treasury/securities account A as well as c) management of loan portfolios
- Demand-oriented solutions to savings bank-specific challenges
- Partner in the syndicate business; expert provider for loan syndicates in the asset classes of shipping & transportation as well as a provider of innovative products and services
- Globally leading position in the ship-finance market with more than 70 years of experience in the sector
- Comprehensive know-how to meet our client needs
- Advisors on and providers of structured finance services
- Internationally recognized provider of transportation-sector finance with the focus on aviation and transport related infrastructure
- Advisor, arranger and asset/risk manager with comprehensive market know-how and innovative products
- Strong, global client relationships with an international network
- Leading provider of wind and solar project finance with a focus on Europe
- Entrepreneurial approach with comprehensive services
- Acknowledged partner with more than 20 years of expertise in the Energy-sector
- Efficient and innovative provider of products for all client segments
- Profound know-how in capital-market products, especially involving risk-management solutions focused on interest rates, foreign exchange and commodities
- Funding and liquidity management



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