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Aareal Bank AG (0MG0.IL)

IOB - IOB Delayed price. Currency in EUR
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32.96+0.02 (+0.06%)
As of 06:12PM BST. Market open.

Aareal Bank AG

Paulinenstrasse 15
Wiesbaden 65189
Germany
49 611 348 0
https://www.aareal-bank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full-time employees3,209

Key executives

NameTitlePayExercisedYear born
Mr. Jochen KlosgesChairman of the Management Board & CEO448kN/A1964
Mr. Marc Oliver HessCFO & Member of the Management Board1.12MN/A1973
Mr. Christof WinkelmannChief Market Officer & Member of Management Board1.11MN/A1975
Mr. Thomas OrtmannsAdvisor832kN/A1960
Ms. Nina BabicChief Risk Officer & Member of Management BoardN/AN/AN/A
Mr. Holger SpielbergGroup Managing Director of Group TechnologyN/AN/A1968
Mr. Jurgen JungingerHead of Investor RelationsN/AN/AN/A
Dr. Christian FahrnerManaging Director of Banking & Digital Solutions (BDS)N/AN/A1968
Mr. Rene SteurerGroup Managing Director of Corp. StrategyN/AN/A1974
Mr. Severin SchöttmerManaging Director of Special Property Fin.N/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Aareal Bank AG, together with its subsidiaries, provides financing, software products, digital solutions, and payment transaction applications for the property sector and related industries in Germany, North America, Asia Pacific, and internationally. The company operates through three segments: Structured Property Financing, Banking & Digital solutions, and Aareon. The Structured Property Financing segment offers property financing and refinancing solutions for office buildings, hotels, and shopping centers, as well as retail, logistics, residential properties, and student housing. This segment also provides deposits, registered and bearer Pfandbriefe, promissory note loans, medium-term notes, debt securities, private placements, other bonds and subordinated issues, mortgage Pfandbriefe, and public sector Pfandbriefe. The Banking & Digital solutions segment offers various services and products for the housing, commercial property, and energy and waste disposal industries. Its services include specialized banking, payment systems, and optimized business processes. The Aareon segment provides IT systems consultancy and related advisory services, enterprise resource planning systems, software solutions, hosting and software as a service, and in-house services. Aareal Bank AG was incorporated in 1923 and is headquartered in Wiesbaden, Germany.

Corporate governance

Aareal Bank AG’s ISS governance QualityScore as of 1 July 2022 is 2. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.