Landesbank

show This article may be expanded with text translated from the corresponding article in German. (March 2009) Click [show] for important translation instructions. View a machine-translated version of the German article. Machine translation like DeepL or Google Translate is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia. Consider adding a topic to this template: there are already 6,535 articles in the main category, and specifying|topic= will aid in categorization. Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary Content in this edit is translated from the existing German Wikipedia article at [[:de:Landesbank]]; see its history for attribution. You should also add the template {{Translated|de|Landesbank}} to the talk page. For more guidance, see Wikipedia:Translation.

Map of coverage of Landesbanks

The Landesbanken in Germany are a group of state-owned banks of a type unique to Germany. They are regionally organised and their business is predominantly wholesale banking. They are also the head banking institution of the local and regional bases Sparkassen (= saving banks). Landesbanken and Sparkassen comprise one of the three pillars of Germany's banking system. The two other pillars are private commercial banks and cooperatives. Each has a different legal purpose, ownership structure, and governance model. Landesbanken and Sparkassen, as publicly owned entities, are chartered by national and state banking laws to pursue an "öffentlichen Auftrag" or public purpose.^[1]

After several mergers, five Landesbanken operate in Germany.

• Bayerische Landesbank (BayernLB), seat: Munich, Bavaria
• Landesbank Saar (SaarLB), seat: Saarbrücken, Saarland
• Landesbank Baden-Württemberg (LBBW), seat: Stuttgart, Baden-Württemberg
• Norddeutsche Landesbank - Girozentrale (NORD/LB), seat: Hanover, Lower Saxony
• Landesbank Hessen-Thüringen (Helaba), Frankfurt am Main, Hessen and Erfurt, Thuringia

Landesbank Berlin (LBB) is not considered to be a Landesbank as the bank is not owned by a state but by the Savings Bank Finance Group only.

See also[]

• WestLB, former Landesbank of North Rhine-Westphalia
• Raiffeisen Bankengruppe (Austria)
• Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige
• Category:Landesbanks
• German public banks#Landesbanken

References[]

External links[]

• http://www.faz.net (Bilanzsummen minus 1.809.100.000.000 Euro) (Stand September 2010) (Schuldenbremse Grundgesetz)

This German bank or insurance-related article is a stub. You can help Wikipedia by .

• v
• t