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Aareal Bank AG (ARLG.DE)

ARLG.DE on Xetra

40.59EUR
1:59pm GMT
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€0.24 (+0.59%)
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€40.35
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Wed, Dec 13 2017

Fitch Affirms Aareal Bank AG's Public Sector Pfandbriefe at 'AAA' on WI's Pfandbriefe Transfer

(The following statement was released by the rating agency) FRANKFURT/LONDON, December 13 (Fitch) Fitch Ratings has affirmed Aareal Bank AG's (Aareal; BBB+/Stable) public sector Pfandbriefe rating at 'AAA' with a Stable Outlook. The affirmation follows Fitch's assessment of Aareal's public sector Pfandbriefe programme after the transfer of Westdeutsche Immobilienbank's (WI) cover assets and outstanding public sector Pfandbriefe to Aareal. The legal completion of the integration of WI's covered b

BRIEF-Aareal Bank Q3 operating profit up 11 pct to 82 mln eur

* Says ‍consolidated operating profit of eur 82 million for q3 (q3 2016: eur 74 million)​

BRIEF-Aareal Bank successfully places $625 mln mortgage pfandbrief

* Says successfully places usd 625 million mortgage pfandbrief on capital market

BRIEF-Aareal Bank CEO says job cuts to affect entire group

* Says cannot yet say how many jobs will go, talks with works council ongoing

BRIEF-Aareal Bank affirms full-year outlook for 2017

* Second-quarter operating profit 109 million euro versus 120 million euro year ago

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