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). 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 charged by national and state banking laws to pursue an "öffentlichen Auftrag" or public purpose.[1]
- Bayerische Landesbank (BayernLB), Bavaria
- Bremer Landesbank Kreditanstalt Oldenburg-Girozentrale (Bremer Landesbank), Bremen
- 92,5 % owned by NORD/LB
- HSH Nordbank, Hamburg + Schleswig-Holstein
- Landesbank Baden-Württemberg (LBBW),
- BW-Bank – Baden-Württemberg Bank (Baden-Württemberg)
- Sachsen-Bank (since April 2008) (Saxony)
- Rheinland-Pfalz Bank (since April 2008) (Rhineland-Palatinate)
- Norddeutsche Landesbank - Girozentrale (NORD/LB),
- Landesbank Saar (SaarLB), Saarland
- 75,1 % owned by BayernLB
- Landesbank Hessen-Thüringen (Helaba)
- owned by Landesbank Berlin Holding
References
- ↑ Deeg, Richard (1999). Finance Capitalism Unveiled: Banks and the German Political Economy. University of Michigan Press.
See also
- several Raiffeisen-Landesbank of Raiffeisen Bankengruppe (Austria)
- Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige
External links
- http://www.faz.net (Bilanzsummen minus 1.809.100.000.000 Euro) (Stand September 2010) (Schuldenbremse Grundgesetz)
See also
- Category:Landesbanks
- German public banks#Landesbanken
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