Developments in the current financial year

The net interest income of the Bank’s three operating segments at the beginning of the current financial year was generally well below the levels of the previous year and the plan figures. This development is mainly attributable to the Promotional Activity segment, in which significantly more interest subsidies were granted at the start of the year.

Based on the developments to date in the current fiscal year, the Management Board considers the operating results planned for the 2025 fiscal year to be ambitious, but nevertheless achievable.

The forecast report contains certain forward-looking statements that are based on current expectations, estimates, assumptions, and forecasts of the Management Board, as well as the information available to it. These statements particularly include statements about the Bank’s plans, business strategy, and prospects. Such forward-looking statements are signified by words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “strives”, “estimates” and similar expressions. These statements are not to be understood as guarantees of the future developments mentioned therein, but rather as being dependent on factors that involve risks and uncertainties and are based on assumptions that may prove to be incorrect. Unless required by law, Rentenbank accepts and assumes no obligation to update forward-looking statements after the publication of this information.