Landesbank

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).

92,5 % owned by NORD/LB
Lower Saxony, Mecklenburg-Vorpommern and Saxony-Anhalt
75,1 % owned by BayernLB
Hessen and Thuringia
owned by Landesbank Berlin Holding

External links

See also