In German-speaking jurisdictions, ''Landesbank'' (plural ), , generally refers to a bank operating within a territorial subdivision () that has autonomy but not full sovereignty. It is occasionally translated as "provincial bank".
Austria-Hungary
In the
Austro-Hungarian Empire
Austria-Hungary, often referred to as the Austro-Hungarian Empire,, the Dual Monarchy, or Austria, was a constitutional monarchy and great power in Central Europe between 1867 and 1918. It was formed with the Austro-Hungarian Compromise of ...
under the rule of the
Habsburg monarchy
The Habsburg monarchy (german: Habsburgermonarchie, ), also known as the Danubian monarchy (german: Donaumonarchie, ), or Habsburg Empire (german: Habsburgerreich, ), was the collection of empires, kingdoms, duchies, counties and other polities ...
, were government-sponsored banks established in some of the kingdoms and lands of the crown:
* ''
Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau'', est. 1883 in Lemberg (now
Lviv) for the
Kingdom of Galicia and Lodomeria and the
Grand Duchy of Kraków
The Grand Duchy of Kraków (german: Großherzogtum Krakau; pl, Wielkie Księstwo Krakowskie) was created after the incorporation of the Free City of Cracow into Austria on November 16, 1846. From 1846 to 1918 the title, Grand Duke of Kraków, w ...
* ''
Landesbank des Königreiches Böhmen'', est. 1890 in
Prague for the
Kingdom of Bohemia
* ''
Landesbank für Bosnien und Herzegowina
The Landesbank für Bosnien und Herzegowina ( sh, Privilegovana zemaljska banka za Bosnu i Hercegovinu, ) was a bank established in Sarajevo in 1895 to help finance the development of Bosnia and Herzegovina under Austro-Hungarian rule. It kept op ...
'', est. 1895 in
Sarajevo for
Bosnia and Herzegovina under Austro-Hungarian rule
Bosnia and Herzegovina fell under Austro-Hungarian rule in 1878, when the Congress of Berlin approved the occupation of the Bosnia Vilayet, which officially remained part of the Ottoman Empire. Three decades later, in 1908, Austria-Hungary pr ...
* ''Bukowinaer Landesbank'', est. 1905 in Czernowitz (now
Chernivtsi
Chernivtsi ( uk, Чернівці́}, ; ro, Cernăuți, ; see also other names) is a city in the historical region of Bukovina, which is now divided along the borders of Romania and Ukraine, including this city, which is situated on the upp ...
) for the
Duchy of Bukovina
The Duchy of Bukovina (german: Herzogtum Bukowina; ro, Ducatul Bucovinei; uk, Герцогство Буковина) was a constituent land of the Austrian Empire from 1849 and a Cisleithanian crown land of Austria-Hungary from 1867 until 1918 ...
* ''Kroatische Landesbank'', est. 1909 in
Osijek
Osijek () is the fourth-largest city in Croatia, with a population of 96,848 in 2021. It is the largest city and the economic and cultural centre of the eastern Croatian region of Slavonia, as well as the administrative centre of Osijek-Baranja ...
for the
Kingdom of Croatia-Slavonia
The Kingdom of Croatia-Slavonia ( hr, Kraljevina Hrvatska i Slavonija; hu, Horvát-Szlavónország or ; de-AT, Königreich Kroatien und Slawonien) was a nominally autonomous kingdom and constitutionally defined separate political nation with ...
* ''Krainische Landesbank'', est. 1912 in Laibach (now
Ljubljana) for the
Duchy of Carniola
By contrast, Vienna's ''
Länderbank'' (est. 1880) and its short-lived affiliate the (1881-1887) were private-sector initiatives. The name ''Landesbank'' also survives in regional entities of the
Raiffeisen Group in
Austria and, similarly, the
in the Italian region of
South Tyrol.
File:Львів, університет фізичної культури.jpg, Former in Lviv, 2015
File:Na příkopě 20 (Prague).jpg, Former in Prague, 2020
File:Sarajevo Finance ministry2.jpg, Former in Sarajevo, 2006
File:HerrenGasse 181.jpg, Former in Chernivtsi
Chernivtsi ( uk, Чернівці́}, ; ro, Cernăuți, ; see also other names) is a city in the historical region of Bukovina, which is now divided along the borders of Romania and Ukraine, including this city, which is situated on the upp ...
, 2010
Germany
Evolution over time
The current are the product of numerous episodes of development and consolidation starting in the 18th century, tracking the formation of Germany itself. In mid-1931, the default of the
Landesbank der Rheinprovinz, following aggressive and uncontrolled expansion of its credit to German municipalities, was a major trigger of Germany's economic depression - unlike other Landesbanken such as the , which survived the episode largely unscathed.
With the delineation of West Germany's between 1948 and 1957, the Landesbanks started acting as "house banks" of their respective , thus expanding into some of largest foreign issuers in Germany.
Northern Germany
* 1765: established in
Braunschweig
* 1840: established in
Hanover
* 1883: established in
Oldenburg Oldenburg may also refer to:
Places
*Mount Oldenburg, Ellsworth Land, Antarctica
*Oldenburg (city), an independent city in Lower Saxony, Germany
**Oldenburg (district), a district historically in Oldenburg Free State and now in Lower Saxony
*Olde ...
* 1906: renamed , shortened in 1922 to
* 1917: (LB Kiel) established in
Kiel
** established in Hanover
* 1918: established in Hanover
* 1919: renamed
* 1928: established in
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 ...
* 1938: and merge to form the
** established in Bremen
** (HLB) established in
Hamburg
* 1970: , , , , and merged to form
NORD/LB
* 1983: and merged to form (also known as Bremer Landesbank, or BLB)
* 2003: and merged to form HSH Nordbank AG, with joint head offices in Hamburg and Kiel; spun out
* 2017: BLB merged into NORD/LB
* 2019: HSH Nordbank privatized and renamed
Hamburg Commercial Bank; Landesbank role in Hamburg and Schleswig-Holstein taken up by NORD/LB
File:Dankwardstraße 1 Braunschweig 20170921 001.jpg, building on in Braunschweig, head office of until 1966
File:BreLaBa-Bau1896.jpg, 1896 building of the , head office of in 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 ...
from 1938 to the 2010s
File:Office building Landeskreditanstalt Schiffgraben 6 Mitte Hannover Germany 01.jpg, Building at Schiffgraben 6 in Hanover, head office of from 1914 to 1970; later seat of the regional
File:Gebäude der HSH-Nordbank.jpg, Building at Martendamm 4 in Kiel, head office of (1954-2003), HSH Nordbank (2003-2019), and Hamburg Commercial Bank (since 2019)
File:Office Building Nord LB Georgsplatz.jpg, Building at Georgsplatz 2 in Hanover, head office of from 1958 to 1970, then of NORD/LB until 2002
File:Office Building Highrise Nord LB Georgsplatz 02a.jpg, High-rise wing of the former complex in Hanover
File:Nord LB BS.jpg, Former building or in Braunschweig, head office of (1966-1970), Nord/LB (1970-2002), then (since 2008)
File:Nord-LB office building Aegidientorplatz Hannover Germany.jpg, opened in 2002 in Hanover
File:Bremer Landesbank 2016-08.jpg, Former Bremer Landesbank head office in Bremen, inaugurated in 2016 a year before the bank's absorption by NORD/LB
Western and central Germany
* 1819: established in
Altenburg
Altenburg () is a city in Thuringia, Germany, located south of Leipzig, west of Dresden and east of Erfurt. It is the capital of the Altenburger Land district and part of a polycentric old-industrial textile and metal production region betw ...
, later renamed
* 1832: established in
Münster, sometimes referred to as the first Landesbank
** established in
Kassel
Kassel (; in Germany, spelled Cassel until 1926) is a city on the Fulda River in northern Hesse, Germany. It is the administrative seat of the Regierungsbezirk Kassel and the district of the same name and had 201,048 inhabitants in December 2020 ...
* 1840: established in
Wiesbaden
* 1847: established in
Merseburg
* 1854: established in
Cologne; relocated in 1877 to
Düsseldorf, and renamed in 1888
Landesbank der Rheinprovinz
* 1890: renamed
* 1914: becomes the payments clearing house (german: Girozentrale) for the savings banks in the , in substitution of the which had taken up that role in 1911 for the
Rhine Province
The Rhine Province (german: Rheinprovinz), also known as Rhenish Prussia () or synonymous with the Rhineland (), was the westernmost province of the Kingdom of Prussia and the Free State of Prussia, within the German Reich, from 1822 to 1946. It ...
of
Prussia
* 1931: in distress, suspends payments despite emergency liquidity assistance from
Deutsche Girozentrale
DekaBank Deutsche Girozentrale is the central provider of asset management and capital market solutions of the Sparkassen-Finanzgruppe. It is registered in both Frankfurt and Berlin, with main operational headquarters in Frankfurt. It traces its ...
, and the
Reichsbank;
[ clearing house role transferred to the Cologne branch of the
* 1935: renamed
* 1940: established in ]Darmstadt
Darmstadt () is a city in the States of Germany, state of Hesse in Germany, located in the southern part of the Frankfurt Rhine Main Area, Rhine-Main-Area (Frankfurt Metropolitan Region). Darmstadt has around 160,000 inhabitants, making it th ...
* 1941: Landesbank Saar (later known as SaarLB) established in Saarbrücken
Saarbrücken (; french: link=no, Sarrebruck ; Rhine Franconian: ''Saarbrigge'' ; lb, Saarbrécken ; lat, Saravipons, lit=The Bridge(s) across the Saar river) is the capital and largest city of the state of Saarland, Germany. Saarbrücken is S ...
* 1943: formed from the 's takeover of
* 1953: Kassel, and merged to form (Helaba)
* 1958: The branch of the in Koblenz
Koblenz (; Moselle Franconian language, Moselle Franconian: ''Kowelenz''), spelled Coblenz before 1926, is a German city on the banks of the Rhine and the Moselle, a multi-nation tributary.
Koblenz was established as a Roman Empire, Roman mili ...
merges with (in Kaiserslautern
Kaiserslautern (; Palatinate German: ''Lautre'') is a city in southwest Germany, located in the state of Rhineland-Palatinate at the edge of the Palatinate Forest. The historic centre dates to the 9th century. It is from Paris, from Frankfur ...
) and (in Mainz) to form (LRP) in Mainz, Rhineland-Palatinate
* 1969: and merged to form Westdeutsche Landesbank Girozentrale WestLB AG (derived from ''Westdeutsche Landesbank'', i.e. "Western German state Bank") was a European commercial bank based in Düsseldorf, Germany which was mainly owned by the German state of North Rhine-Westphalia. Landesbanks are a group of par ...
(WestLB) established with joint head offices in Düsseldorf and Münster, North Rhine-Westphalia, and branches in Cologne, Dortmund
Dortmund (; Westphalian nds, Düörpm ; la, Tremonia) is the third-largest city in North Rhine-Westphalia after Cologne and Düsseldorf, and the eighth-largest city of Germany, with a population of 588,250 inhabitants as of 2021. It is the la ...
, Bielefeld, and Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and D ...
* 1972: WestLB starts developing a foreign branch network by opening in Luxembourg, followed by London in 1973 and New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
in 1975.
* 1993: spun off from Landesbank Rheinland-Pfalz
* 2002: WestLB spins off a public development bank, NRW.Bank, converts itself into a joint-stock company as WestLB AG, and sells its private banking business to Merck Finck Privatbankiers
The private bank Merck Finck Privatbankiers AG, founded in 1870, is based in Munich and is also represented nationwide with a total of 16 locations. Since 2011, it has been a subsidiary of the Luxembourg bank KBL European Private Bankers (KLB), wh ...
* 2012: WestLB dismantled with assets transferred to Portigon Financial Services; Landesbank role in North Rhine-Westphalia taken up by Helaba
File:Naspa2.JPG, Former in Wiesbaden
File:Landesbank Rheinprovinz Theaterstraße.jpg, Former branch of in Aachen
Aachen ( ; ; Aachen dialect: ''Oche'' ; French and traditional English: Aix-la-Chapelle; or ''Aquisgranum''; nl, Aken ; Polish: Akwizgran) is, with around 249,000 inhabitants, the 13th-largest city in North Rhine-Westphalia, and the 28th- ...
File:NRW-Bank Münster.JPG, Former Landesbank der Provinz Westfalen in Münster
File:20110726Ursulinenstr2 Saarbruecken2.jpg, SaarLB head office in Saarbrücken, 2011
File:Landesbank Rheinland Pfalz.jpg, Former LRP head office in Mainz, 2015
File:Düsseldorf-Friedrichstadt WestLB.JPG, Building at Herzogstrasse 15 in Düsseldorf, built 1974-1986, head office of WestLB until 2012, now commercial complex
File:MuensterLBSWest.jpg, WestLB branch in Münster from 1975 to 2002, later head office of the regional
File:Dortmund Kampstraße 45 47 ehemalige WestLB Dortmund.jpg, WestLB branch in Dortmund
Dortmund (; Westphalian nds, Düörpm ; la, Tremonia) is the third-largest city in North Rhine-Westphalia after Cologne and Düsseldorf, and the eighth-largest city of Germany, with a population of 588,250 inhabitants as of 2021. It is the la ...
from 1978 to 2010, repurposed in 2014 as
File:Gebäude 01 klein.jpg, NRW.Bank head office in Düsseldorf
File:Maintower Frankfurt.jpg, Helaba head office in Frankfurt, 2012
Baden-Württemberg
* 1818: established in Stuttgart
Stuttgart (; Swabian: ; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the ...
as national savings bank of the Kingdom of Württemberg
* 1870: established in Mannheim as the note-issuing bank of the Grand Duchy of Baden
The Grand Duchy of Baden (german: Großherzogtum Baden) was a state in the southwest German Empire on the east bank of the Rhine. It existed between 1806 and 1918.
It came into existence in the 12th century as the Margraviate of Baden and subs ...
* 1871: established in Stuttgart as the note-issuing bank of the Kingdom of Württemberg
* 1916: established in Stuttgart, later renamed
* 1924: established in Stuttgart
Stuttgart (; Swabian: ; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the ...
; renamed in 1932
* 1929: established in Mannheim
* 1932: relocated from Mannheim to Karlsruhe
* 1934: and deprived of their note-issuing role and repurposed as commercial entities; the latter renamed in 1935
** and merged into entity based in Karlsruhe and named in 1935
* 1972: and merged into
* 1975: and merged to form in Stuttgart, renamed in 1977
* 1978: , and merged to form (BW-Bank) in Stuttgart
* 1988: and merged to form (SüdwestLB) in Stuttgart
* 1999: and SüdwestLB merged with the commercial activities of to form Landesbank Baden-Württemberg
Landesbank Baden-Württemberg (LBBW) is a universal bank and the Landesbank for some Federal States of Germany (Baden-Württemberg, Rheinland-Pfalz, Sachsen). As of 2018, it is Germany's biggest state-backed landesbank lender.
LBBW is a full-serv ...
(LBBW) in Stuttgart
* 2005: BW-Bank merged into LBBW
File:20180925Augustaanlage 33 Mannheim6.jpg, Former head office of in Mannheim, 2018
File:BW-Bank Heilbronn Allee.jpg, BW-Bank in Heilbronn
Heilbronn () is a List of cities and towns in Germany, city in northern Baden-Württemberg, Germany, surrounded by Heilbronn (district), Heilbronn District. With over 126,000 residents, it is the sixth-largest city in the state.
From the late Mid ...
, 2007
File:BW-Bank am Kleinen Schlossplatz Stuttgart 2013.jpg, BW-Bank in Stuttgart
Stuttgart (; Swabian: ; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the ...
, 2013
File:Landesbank Stuttgart AmHbf2.jpg, LBBW head office in Stuttgart, 2007
Bavaria
* 1884: established in Munich
* 1914: founded, permanently established in 1917 in Nuremberg and relocated in 1920 in Munich
* 1925: reorganized and renamed
* 1949: renamed
* 1972: and merged to form Bayerische Landesbank Girozentrale (BayernLB)
File:Brienner Str. 16 Muenchen-1.jpg, BayernLB head office in Munich, 2013
File:Löwe vor der BayernLB Brienner Straße München.jpg, Lion statue in front of BayernLB head office in Munich, 2009
File:Briennerstr. 18 Glasbrunnen Muenchen-4.jpg, Courtyard of BayernLB head office in Munich, 2014
Eastern Germany
* 1819: established in Altenburg
Altenburg () is a city in Thuringia, Germany, located south of Leipzig, west of Dresden and east of Erfurt. It is the capital of the Altenburger Land district and part of a polycentric old-industrial textile and metal production region betw ...
* 1849: established in Meiningen
Meiningen () is a town in the southern part of the state of Thuringia, Germany. It is located in the region of Franconia and has a population of around 25,000 (2021).
* 1915: established in Magdeburg
* 1922: established in Weimar
* 1923: takes over the Landesbank in Rudolstadt and the
* 1924: established, renamed in 1937
* 1928: and merged to form , with head office in Magdeburg
* 1945: closed by the Soviet Military Administration in Germany
* 1946: absorbed by
* 1992: established in Leipzig, Saxony
* 1993: integrated into Landesbank Berlin
Landesbank Berlin Holding (formerly ''Bankgesellschaft Berlin''; ) is a large commercial bank based in Berlin, Germany. It is the holding company of the Berliner Sparkasse and Landesbank. In 2007, LBB was taken over by the Deutscher Sparkassen- u ...
as Investitionsbank Berlin
The Investitionsbank Berlin (IBB) is a development bank and central promotional institute of the state of Berlin. The aim of the funding is the Berlin economy and housing construction.
The main task of IBB is business development of small and ...
* 2004: Investitionsbank Berlin spun off from Landesbank Berlin
File:Herzogliche Landesbank in Altenburg.jpg, Former Herzogliche Landesbank in Altenburg
Altenburg () is a city in Thuringia, Germany, located south of Leipzig, west of Dresden and east of Erfurt. It is the capital of the Altenburger Land district and part of a polycentric old-industrial textile and metal production region betw ...
, 2006
File:LandeskreditMeiningen.jpg, Former head office of , 2009
File:Löhrs Carré Leipzig.JPG, Former SachsenLB head office in Leipzig, 2007
Cross-regional consolidation
* 1992: takes up Landesbank role in Thuringia, and is renamed while keeping the shorthand name Helaba
** NORD/LB takes up Landesbank role in Saxony-Anhalt
* 1993: NORD/LB takes up Landesbank role in Mecklenburg-Vorpommern
* 2001: BayernLB acquires majority control of SaarLB
* 2005: LRP merged into LBBW
* 2008: SachsenLB merged into LBBW
* 2010-2013: Saarland acquires control of SaarLB from BayernLB
Current German
The current are part of the Sparkassen-Finanzgruppe
The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks t ...
, one of the three pillars of Germany's banking system. Their business is predominantly wholesale banking, partly to serve local savings banks (german: Sparkassen). With a few exceptions, Landesbanken and Sparkassen are chartered by national and state banking laws to pursue a public purpose (german: öffentlicher Auftrag). As of late 2022, they are:
* Landesbank Baden-Württemberg
Landesbank Baden-Württemberg (LBBW) is a universal bank and the Landesbank for some Federal States of Germany (Baden-Württemberg, Rheinland-Pfalz, Sachsen). As of 2018, it is Germany's biggest state-backed landesbank lender.
LBBW is a full-serv ...
(LBBW) in Stuttgart
Stuttgart (; Swabian: ; ) is the capital and largest city of the German state of Baden-Württemberg. It is located on the Neckar river in a fertile valley known as the ''Stuttgarter Kessel'' (Stuttgart Cauldron) and lies an hour from the ...
, covering Baden-Württemberg, Rhineland-Palatinate, and Saxony
* Bayerische Landesbank
Bayerische Landesbank (BayernLB; Bavarian State Bank) is a publicly regulated bank based in Munich, Germany and one of the six Landesbanken. It is 75% owned by the Free State of Bavaria (indirectly via BayernLB Holding AG) and 25% owned by the ''S ...
(BayernLB) in Munich, covering Bavaria
* Landesbank Hessen-Thüringen
Helaba, short for Landesbank Hessen-Thüringen, is a commercial bank with core regions in Hesse and Thuringia, Germany offering financial services to companies, banks, institutional investors and the public sector, both within Germany and internat ...
(Helaba) in Frankfurt and Erfurt
Erfurt () is the capital and largest city in the Central German state of Thuringia. It is located in the wide valley of the Gera river (progression: ), in the southern part of the Thuringian Basin, north of the Thuringian Forest. It sits in ...
, covering Brandenburg, Hesse, North Rhine-Westphalia, and Thuringia
* Norddeutsche Landesbank (NORD/LB) in Hanover, covering 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 ...
, Hamburg, Lower Saxony, Mecklenburg-Vorpommern, Saxony-Anhalt, and Schleswig-Holstein
* Landesbank Saar (SaarLB) in Saarbrücken
Saarbrücken (; french: link=no, Sarrebruck ; Rhine Franconian: ''Saarbrigge'' ; lb, Saarbrécken ; lat, Saravipons, lit=The Bridge(s) across the Saar river) is the capital and largest city of the state of Saarland, Germany. Saarbrücken is S ...
, covering Saarland
File:Landesbank Baden-Württemberg logo.svg, Logo of LBBW
File:Bayernlb-logo.svg, Logo of BayernLB
File:Helaba Logo 2019.svg, Logo of Helaba
File:Nord LB logo.svg, Logo of NORD/LB
File:Landesbank Saar logo.svg, Logo of SaarLB
Four other German institutions are named without playing the role of the above five within the public sector:
* Landesbank Berlin
Landesbank Berlin Holding (formerly ''Bankgesellschaft Berlin''; ) is a large commercial bank based in Berlin, Germany. It is the holding company of the Berliner Sparkasse and Landesbank. In 2007, LBB was taken over by the Deutscher Sparkassen- u ...
(LBB) was converted into a joint-stock company (german: Aktiengesellschaft) in 2007, when the DSGV
The Deutscher Sparkassen- und Giroverband (DSGV, ) is the association of German savings banks (german: Sparkassen) and the apex entity of the Sparkassen-Finanzgruppe, the European Union's second-largest financial services group (after BNP Pariba ...
rescued it and took full ownership of its share capital; it is part of the Sparkassen-Finanzgruppe
The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks t ...
* is a local public savings bank, part of the Sparkassen-Finanzgruppe
The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks t ...
; its earliest predecessor was established in 1834 as , and was renamed in 1930
* , another local public savings bank within the Sparkassen-Finanzgruppe
The ''Sparkassen-Finanzgruppe'' ("Savings Banks Financial Group") is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks t ...
, is also occasionally referred to as because one of its predecessor entities was a local branch of , opened in Birkenfeld
Birkenfeld () is a town and the district seat of the Birkenfeld district in southwest Rhineland-Palatinate, Germany. It is also the seat of the like-named ''Verbandsgemeinde''. The town itself has approximately 7,000 inhabitants.
Geography
...
in 1914
* Oldenburgische Landesbank
Oldenburgische Landesbank AG (OLB) is a private financial institution based in the northwest of Germany. Its headquarters are in Oldenburg.
OLB was founded in 1869 by the Frankfurt bank Erlanger & Söhne with the privilege of issuing banknotes. ...
(OLB, est. 1869) has always been a private-sector bank, controlled since 2017 by Apollo Global Management
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of March 31, 2022, the company had $512 billion of assets under management, ...
.
File:Berlin, Mitte, Alexanderplatz, Alexanderhaus, Fassade Grunerstrasse 02.jpg, Landesbank Berlin head office in Berlin, 2009
File:Idar-Oberstein-Sparkasse1-Bubo.JPG, Kreissparkasse Birkenfeld in Idar-Oberstein, 2009
File:Hohenzollerische Landesbank Sigmaringen.jpg, Hohenzollerische Landesbank Kreissparkasse in Sigmaringen, 2015
File:Hauptsitz der Oldenburgischen Landesbank, Stau 15, Oldenburg.jpg, Oldenburgische Landesbank
Oldenburgische Landesbank AG (OLB) is a private financial institution based in the northwest of Germany. Its headquarters are in Oldenburg.
OLB was founded in 1869 by the Frankfurt bank Erlanger & Söhne with the privilege of issuing banknotes. ...
in Oldenburg Oldenburg may also refer to:
Places
*Mount Oldenburg, Ellsworth Land, Antarctica
*Oldenburg (city), an independent city in Lower Saxony, Germany
**Oldenburg (district), a district historically in Oldenburg Free State and now in Lower Saxony
*Olde ...
, 2010
Liechtenstein
The German name of the National Bank of Liechtenstein is .
See also
* Cantonal banks, the Swiss equivalent of
* Bank of North Dakota
* Puerto Rico Government Development Bank
References
External links
http://www.faz.net
(Bilanzsummen minus 1.809.100.000.000 Euro) (Stand September 2010) (Schuldenbremse Grundgesetz)
Government-owned banks
{{Germany-bank-stub