Bremer Aufbau-Bank (BAB) is the regional promotional bank (german: Förderbank) of the German state of

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (german: Stadtgemeinde Bremen, ), is the capital of the German state Free Hanseatic City of Bremen (''Freie Hansestadt Bremen''), a two-city-state consis ...

. It was established in 1951, and its current development bank mandate was defined by law in 2001.

Overview

The bank operates under an explicit guarantee from the Bremen government, provided by state law. Like other , it does not compete directly with commercial banks but supplements them with co-lending, co-investment and guarantees. In 2023, it ramped up its programs to support local start-ups. Together with other and the more commercially oriented Landesbanken, BAB is a member of the Association of German Public Banks (VÖB).

Notes

Banks established in 1951 Sub-national development banks Government-owned banks of Germany {{bank-stub

Overview

See also

Notes