The total portfolio includes loans to 36 companies, for a total amount of c. EUR 500 million, to be split between OLB and a.s.r.. Most loans are to mid-market private equity owned companies, based primarily in Germany and the Netherlands. OLB primarily focuses on the German-sited part of the portfolio. OLB expects the closing of the transaction to be staggered over the coming months.
Most recently, OLB’s Acquisition Finance was once again ranked as the leading bank lender in Germany and amongst the top 3 in the Benelux countries according to Houlihan Lokey MidCap Monitor Q1 2022. Building on this success, the acquisition of the NIBC portfolio makes a strong and very complementary fit to OLB’s existing business that will contribute further profitable growth of the bank’s loan portfolio.
Oldenburgische Landesbank AG (OLB) is a modern, customer-oriented bank anchored in northwestern Germany with strong regional and international expertise. OLB operates across two strategic business lines: Private & Business Costumers, and Corporates & Diversified Lending. OLB serves more than 600,000 customers and has ca. EUR 24 billion of total assets.
Feel free to visit us at www.olb.de and www.neelmeyer.de as well as on Facebook, Instagram and YouTube.
Oldenburgische Landesbank AG
Stau 15/17
26122 Oldenburg
Telefon: +49 (441) 221-0
Telefax: +49 (441) 221-1457
http://www.olb.de
Telefon: +49 (441) 221-1781
E-Mail: timo.cyriacks@olb.de
Pressesprecherin
Telefon: +49 (441) 221-1213
E-Mail: britta.silchmueller@olb.de
