News
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PRESS RELEASE
OLB presents strong set of record results
OLB presents record financial results for 2023, achieving a profit before taxes of EUR 335.4 million. Medium-term targets exceeded with improved cost-income ratio and return on equity. Well-prepared for potential ECB supervision post Degussa Bank acquisition -
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PRESS RELEASE
Moody's upgrades OLB's ratings, reflecting strengthened financial profile and outlook
Moody's upgrades OLB's ratings to Baa1 from Baa2, reflecting strengthened financial profile and outlook. OLB achieves upgrade of its long-term deposit, senior unsecured, and long-term issuer ratings by Moody's to Baa1 from Baa2. The stable outlook on OLB's ratings reflects Moody's expectation of continued fundamental strength -
PRESS RELEASE
OLB continues successful capital market activities with first ever benchmark mortgage covered bond
Oldenburgische Landesbank AG continues its successful capital market activities with the issuance of its first ever benchmark mortgage covered bond, demonstrating strong interest from national and international investors. The EUR 500 million bond with a term of eight years attracted significant oversubscription, reflecting the confidence of investors in OLB's stability and reliability. OLB plans to issue benchmark-sized mortgage covered bonds regularly, further strengthening its position in the financial sector and enabling flexible response to market conditions. -
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PRESS RELEASE
OLB receives improved ESG rating
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