Arab Today, arab today deutsche bank raises double amount planned in bond issue
Last Updated : GMT 14:51:55
Arab Today, arab today
Arab Today, arab today

Deutsche Bank raises double amount planned in bond issue

Arab Today, arab today

Arab Today, arab today Deutsche Bank raises double amount planned in bond issue

Frankfurt - AFP

Deutsche Bank said Tuesday it had raised twice the amount planned in an issue of hybrid bonds, in three days of intense efforts by Germany's largest lender to raise its capital amid stress tests being carried out on European lenders. The lender said it had raised the equivalent of 3.5 billion euros ($4.8 billion) from the issue of hybrid bonds bonds denominated in euros, dollars and pound sterling. The issue of the bonds, which can be considered as capital for regulatory requirements, is aimed at shoring up the bank's financial reserves as required under tighter rules coming into force in Europe. Like many of its European counterparts, Deutsche Bank is under pressure to bolster its capital reserves. On Sunday, Deutsche Bank unveiled plans for the second-biggest capital increase in its history, issuing 8.0 billion euros in new shares. As part of a wider drive to set up a banking union as a bulwark against future financial crises, banks are being subjected to so-called stress tests and asset quality reviews by the European Central Bank this summer. Originally, Deutsche Bank had announced end-April that it was looking to raise 1.5 billion euros from the issue in the first tranche of hybrid bonds worth a total 5.0 billion euros by 2015. Deutsche Bank said it had decided to increase the volume given the very strong demand for the bonds. That strong demand enabled Deutsche Bank to pay significantly lower interest rates on the bonds than it had originally expected to, a source said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today deutsche bank raises double amount planned in bond issue Arab Today, arab today deutsche bank raises double amount planned in bond issue

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people

GMT 11:45 2017 Wednesday ,29 March

Bahrain to host FinTech Forum2017

GMT 11:42 2017 Wednesday ,29 March

Banking sector's role praised

GMT 19:27 2017 Tuesday ,28 March

US dollar exchange rate stable in morning trading

GMT 20:39 2017 Monday ,27 March

Brexit among financial stability risks for UK

GMT 19:51 2017 Monday ,27 March

Goldman Sachs in talks for Saudi licence
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday