InvestitionsBank des Landes Bradenburg

InvestitionsBank des Landes Brandenburg (ILB) was established on 31 March 1992 as the main promotional institute of the State of Brandenburg. As the main promotional institute we operate in the sectors commerce, infrastructure and housing construction. We cooperate closely with the savings banks, and with the cooperative and private banks. The members of the Board of Managing Directors are Klaus-Dieter Licht (Chairman) and Jacqueline Tag. We look back on a successful financial year in 2008. Again we achieved a good result for the year with a slight increase in the balance sheet total. Interest income showed a very gratifying development, rising by EUR 4.9 million over the previous year to EUR 43.8 million. The result before risk provision and allocations to the reserves was also increased again, to EUR 40.1 million. Since ILB was founded 17 years ago the bank has promoted 21,000 projects for new and established firms in Brandenburg (including technology-based firms, but not including agricultural enterprises and the media). The promotional funds awarded total around EUR 6.4 billion; they stimulated investment of more than EUR 27.2 billion and the creation of 125,000 jobs.

Address: Steinstr 104-106, 14480 Potsdam, Germany

Phone: +49 331 6600
FAX: +49 331 6601231