Archives 2009

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Press Releases - Archives 2009

January 2010

08/01/2010
WestLB to advertise selling process for WestImmo

Bidders may submit their expressions of interest in writing by January 22nd... More: WestLB to advertise selling process for WestImmo

December 2009

22/12/2009
WestLB Welcomes Decision of European Commission

WestLB welcomes the decision of the European Commission.... More: WestLB Welcomes Decision of European Commission
16/12/2009
WestLB no longer rules out net loss for the year

This includes the possibility of the equity instruments participating in a net loss for the year... More: WestLB no longer rules out net loss for the year
11/12/2009
WestLB´s Shareholders Approve Transfer of € 85 Billion Portfolio to Workout Entity

Decision is a milestone in the strategic realignment of the Bank... More: WestLB´s Shareholders Approve Transfer of € 85 Billion Portfolio to Workout Entity

November 2009

26/11/2009
Equity markets in 2010: Facing up to the new normality

Global growth set to remain below trend in 2010 – fair level for DAX is 5,900 points... More: Equity markets in 2010: Facing up to the new normality
24/11/2009
SoFFin and Owners agree a timetable for stabilising WestLB

A portfolio of circa €85 billion will at the latest on 30.04.2010 be hived off into a work-out entity in accordance with Section 8a of the FMStFG measures.... More: SoFFin and Owners agree a timetable for stabilising WestLB
24/11/2009
WestLB Engaged in Intensive Negotiations with SoFFin

No application by WestLB for support from the security reserve of the Landesbanks... More: WestLB Engaged in Intensive Negotiations with SoFFin
18/11/2009
WestLB Arranges Project Financing for Sasol-Huntsman in Moers

Financing secures the enlargement of production plants on the Lower Rhine / Volume: € 82 million... More: WestLB Arranges Project Financing for Sasol-Huntsman in Moers
12/11/2009
WestLB Posts Pre-Tax Profit of € 262 Million after Nine Months

Operating income rises substantially to € 1,707 million (+39%)... More: WestLB Posts Pre-Tax Profit of € 262 Million after Nine Months

October 2009

28/10/2009
WestLB Places Second Benchmark Issue

The issue has a volume of € 500 million and a term of five and a half years.... More: WestLB Places Second Benchmark Issue