- The owners confirm by common consent the capital increase in the amount of EUR 5 billion.
- Consent on the key points in realizing a risk immunization up to EUR 12.7 billion to hedge selected securitization portfolios. The Board of Managing Directors is mandated to initiate the notification procedure with the EU Commission. In parallel to the solution of the Federal State of Baden-Württemberg, the current endeavours of the Federal Government are accompanied and held open as an option for the risk immunization of LBBW.
- The Chairman is mandated to discuss possibilities and issues of contract extension with Dr Siegfried Jaschinski, Chairman of the Board of Managing Directors.
(State Ministry of Baden-Württemberg)
Deputy Press Spokesman
Telefon +49 711 2153-307
Fax +49 711 2153-480
(Savings Banks Association of Baden-Württemberg)
Telefon +49 711 127-77390
Fax +49 711 127-77943
Am Hauptbahnhof 2