NordLB falls well below its minimum capital requirements

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NordLB falls well below its minimum capital requirements

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10 October 2018, Lower Saxony, Hanover: The Landesbank's lettering lights up at NordLB's head office. The future of the Norddeutsche Landesbank is to be the subject of the budget committee in Lower Saxony's state parliament on Wednesday. Photo: Julian Stratenschulte/dpa | Julian Stratenschulte/DPA/PA Images

NordLB said at the weekend that it had welcomed an offer of an equity injection from the German association of savings banks (DSGV) and the State of Lower Saxony, as it looks to restore its capital position to above its minimum requirements.

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