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26 April 2022

Rentenbank: Satisfactory promotional activity in 2021, followed by a strong first quarter 2022

- Especially strong increase in loan demand in the “Renewable Energy” and “Rural Development” promotional lines in the first three months of 2022


- More than half of the funding planned for 2022 was already raised at the end of March


- Capital ratios continue to be well above the regulatory requirements

 

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31 January 2022

Rentenbank in 2021: Strong growth in the Agriculture and Renewable Energy lines

Frankfurt. 2021 was another good year for the promotional lending business of Landwirtschaftliche Rentenbank. New lending in the Agriculture and Renewable Energy lines increased sharply. In the Agriculture line, the increase was especially driven by the Agriculture Investment Programme of the German Federal Ministry of Food and Agriculture (BMEL), whereas the increase in the Renewable Energy line was driven by strong demand for wind power financing. Due to the uncertainty surrounding long-term investments in the sector, there was a slight decrease in the overall volume of new, low-interest special promotional loans, which came to EUR 5.6 billion (2020: EUR 6.0 billion). Capital ratios improved slightly from an already high level.

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Christian Pohl
Christian Pohl

Phone: + 49 69-2107-376

Fax: + 49 69-2107-6444

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