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HSBC Trinkaus 2012 dividend

20th Feb 2013 13:00

RNS Number : 2903Y
HSBC Holdings PLC
20 February 2013
 



 

 

 

The following text is the English version of a news release issued in Germany by HSBC Trinkaus & Burkhardt AG, an 80.6% indirectly owned subsidiary of HSBC Holdings plc.

  

 

HSBC TRINKAUS & BURKHARDT AG 2012 DIVIDEND

 

The Supervisory and Management Boards of HSBC Trinkaus & Burkhardt AG ('HSBC Trinkaus') propose the payment of a dividend of €2.50 per share for the 2012 financial year (2011: €2.50). Shareholders will be invited to approve the dividend at the Annual General Meeting on 4 June 2013.

 

Estimated pre-tax profit and net profit for the 2012 financial year are in line with prior-year levels. The core capital ratio stands at over 12.9%, comfortably exceeding regulatory requirements despite the additional capital requirements for trading book positions. HSBC Trinkaus is the HSBC Group's principal subsidiary in Germany and is rated 'AA- (stable)' by Fitch Ratings.

 

Further figures and details of the 2012 financial year are scheduled to be published on 6 March 2013.

 

Media enquiries to Steffen Pörner on +49 211 910-1664 or at [email protected]

 

 

Note to editors:

 

Trinkaus & Burkhardt AG

HSBC Trinkaus is a commercial bank which draws on its more than 228-year-old tradition as a trusted advisor to its clients. It is one of Germany's leading banks and a member of the HSBC Group, one of the world's largest banking and financial services organisations. HSBC Trinkaus' particular strength lies in its detailed knowledge of the international markets, mainly the emerging markets, and in its global network which helps its clients grasp international opportunities. With more than 2,500 employees, HSBC Trinkaus can be found in seven locations in Germany, in addition to the head office in Düsseldorf, and has access to the global network of the HSBC Group. With total assets of €24.6bn and €144.6bn in funds under management and administration, HSBC Trinkaus is the HSBC Group's principal subsidiary in Germany and is rated 'AA- (stable)' by Fitch Ratings. The bank's central target groups are corporate clients, institutional clients and wealthy private clients. (Figures as at 30 September 2012.)

 

HSBC Trinkaus' press releases can be found on the www.hsbctrinkaus.de homepage under 'Press'.

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
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