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Current press releases
Nikola Steinbock to be new member of the Management Board at Rentenbank
Frankfurt. At a meeting in Frankfurt am Main, Rentenbank’s Supervisory Board appointed Nikola Steinbock (51) as a new member of the Management Board.
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Rentenbank - following a successful 2019, the focus for 2020 is on corona relief
Frankfurt. 2019 saw Rentenbank’s new promotional business increase at EUR 10.6 billion, slightly above the prior-year level. The special promotional loans business which forms part of it dwindled, mainly because new business in the Renewable Energy promotional line dropped significantly. However, the German development agency for agribusiness and rural areas was in a position to expand its activities within its core area of agriculture.
read moreFiscal Year 2019 – Increase in new promotional business for agriculture
Frankfurt. Rentenbank can look back at 2019 as a year for strong promotional business. Within its core Agriculture promotional line, Rentenbank saw new business in its attractive low-interest special promotional loans increase by 2.7%. By contrast, the Renewable Energy promotional line experienced a decline. As a result, new business in special promotional loans dropped overall by around 10% to EUR 6.0 billion. Nevertheless, Rentenbank increased its total new promotional business by nearly 3% to EUR 10.6 billion.
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Rentenbank expects 2020 funding volume of up to EUR 11 billion, Green Bond benchmark coming soon
Frankfurt. Rentenbank expects a total funding volume of up to EUR 11 billion with maturities of more than two years in 2020.
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Rentenbank Startup Award for Pollination by Mouse Click
Frankfurt. BEEsharing has won the highly prized Rentenbank Startup Award of EUR 5,000 for 2019.
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More promotional loans for agriculture and rural areas, capital ratios further increased
Frankfurt. In the first half of 2019, Rentenbank granted special promotional loans in the amount of EUR 3.2 billion (EUR 3.3 billion in the first half of 2018). Germany’s development agency for agribusiness and rural areas made gains in the Agriculture and Rural Development promotional lines. However, the demand for wind farm financing dwindled again. Total new business in special promotional loans and in the form of registered bonds, promissory notes, and securities with a link to rural areas increased to EUR 5.8 billion in the first half of 2019.
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Climate change challenge – Rentenbank’s Edmund Rehwinkel Foundation presents research results
Frankfurt. According to Dr. Martin Banse and Dr. Viktoriya Sturm from the Thünen Institute for Market Analysis team in Braunschweig, the contribution made by the 28 EU member states to the global greenhouse gas (GHG) emissions from agribusiness is relatively small.
read moreClimate Change Challenge – an invitation to the Edmund Rehwinkel Foundation symposium
Rentenbank’s Edmund Rehwinkel Foundation seeks attendees for its next symposium in Berlin on June 5, 2019. Academic studies supported by the foundation on the highly topical subject of ‘Climate Change Challenge – impacts on agriculture and adaptation strategies’ are to be presented.
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Rentenbank creates new ‘Forestry’ promotional line
Frankfurt. Rentenbank is concentrating its activities on promoting forestry by creating a new promotional line. Forest management is facing huge challenges particularly when set against the background of climate change. Increasing weather extremes are causing ever greater damage.
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Rentenbank: 70 years of successfully promoting agriculture and rural areas
Frankfurt. Rentenbank’s Governing Law came into effect on May 11, 1949. That's when Germany’s Frankfurt-based development agency for agribusiness and rural areas started its business activities.
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