Deutsche Pfandbriefbank AG (0R9K.IL)

4.6640 +0.1350 (+2.98%) At close: 05:13PM BST

Deutsche Pfandbriefbank AG

Parkring 28
Garching bei München 85748
Germany
49 89 28 80 0
https://www.pfandbriefbank.com

Sector(s): Financial Services
Industry: Mortgage Finance
Full-time employees: 811

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andreas Arndt	Chairman of Management Board, CEO & CFO	1.63M	N/A	1958
Mr. Thomas Kontgen	Dep. Chairman of Mgmt. Board and Dep. CEO of Commercial Real Estate Clients & Public Sector Clients	1.58M	N/A	1967
Mr. Andreas Schenk	Chief Risk Officer & Member of Management Board	1.52M	N/A	1971
Mr. Marcus Schulte	Treasurer & Member of Management Board	747k	N/A	1969
Mr. Michael Heuber	Head of Investor Relations / Rating Agency Relations	N/A	N/A	N/A
Mr. Gehard Meitinger	Head of Real Estate Fin. Germany	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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

Deutsche Pfandbriefbank AG operates as a specialist bank for investments in commercial real estate and public infrastructure projects in Europe and the United States of America. It operates through Real Estate Finance, Public Investment Finance, and Value Portfolio segments. The Real Estate Finance segment provides financing for professional real estate investors, which includes professional national and international real estate companies, institutional investors, and property funds to financed properties comprising office buildings, properties for residential use, retail, and logistic properties, as well as hotel business. Its Public Investment Finance segment offers financing eligible for bonds aimed at the provision and improvement of public infrastructure for region, province, municipalities, urban development companies, public hospital, investment, and real estate companies; provides long-term publicly granted export financing hedged by public export-credit insurers; and operates digital platform for public-sector borrowers and institutional investors. The Value Portfolio segment comprises non-strategic portfolios and activities including existing financings to public sector which are not linked to specific projects. The company is headquartered in Garching, Germany.

Corporate governance

Deutsche Pfandbriefbank AG’s ISS governance QualityScore as of 1 October 2023 is 2. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 1; Compensation: 4.

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.