During the first three months of 2016, DVB Bank generated reasonable consolidated net income before taxes of €25.9 million compared to €84.3 million in the prior-year period. Ralf Bedranowsky, CEO and Chairman of DVB’s Board of Managing Directors, commented: “In a challenging environment – in geopolitical, macroeconomic and industry-specific terms – the bank’s business model once again proved resilient. DVB’s clear focus on financing transportation assets has paid off, especially during these testing times.” DVB highlights for the quarter include the origination of 27 new transactions in its core transport finance business, with an aggregate volume of €1.2 billion. This

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