Aareal Bank AG (ARL.DE) XETRA

33.10

-0.1(-0.30%)

Updated at October 11, 2023 05:03PM

Currency In EUR

Aareal Bank AG

Address

Paulinenstrasse 15

Wiesbaden, 65189

Germany

Phone

49 611 348 0

Sector

Financial Services

Industry

Banks - Regional

Employees

2593

First IPO Date

March 21, 2002

Key Executives

NameTitlePayYear Born
Mr. Jochen KlosgesChairman of the Management Board & Chief Executive Officer1.73M1964
Ms. Nina BabicChief Risk Officer & Member of the Management Board508,000N/A
Mr. Thomas OrtmannsAdvisor832,0001960
Mr. Marc Oliver HessChief Financial Officer & Member of the Management Board1.76M1973
Mr. Christof WinkelmannChief Market Officer & Member of the Management Board1.81M1975
Mr. Rene SteurerGroup Managing Director of Corporate Strategy01974
Mr. Severin SchöttmerManaging Director of Special Property Finance0N/A
Mr. Holger SpielbergGroup Managing Director of Group Technology01968
Mr. Jurgen JungingerHead of Investor Relations0N/A
Dr. Christian FahrnerManaging Director of Banking & Digital Solutions (BDS)01968

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.