Landesbank Baden-Württemberg (LBBW) is a German credit institution with headquarters in Stuttgart and branches in Karlsruhe, Mainz and Mannheim.
The bank is among the ten largest banks in Germany by total assets and one of the world’s 100 largest banks.
With over 200 branches and offices mainly in Baden-Württemberg and over 20 other locations worldwide and around 12,000 employees in the Group, Landesbank Baden-Württemberg (LBBW) is the largest bank in southwest Germany.
Landesbank Baden-Württemberg is a universal bank and an international commercial bank with full business and freedom of establishment. Together with the legally dependent institutions Baden-Württemberg Bank (BW-Bank), Rheinland-Pfalz Bank and Sachsen Bank and specialist subsidiaries, it operates in all areas of business of a major bank.
As the parent bank of the group, LBBW is responsible for managing tasks for the entire Group. In addition, it combines the expertise for the Financial Markets segment, from the balance sheet and portfolio advice on the development of financial market products to trading and sales activities on the international capital market, the Treasury and the Research. Other focal points are the central savings bank function for the savings banks in Baden-Württemberg, Rhineland-Palatinate and Saxony as well as international business and such products as leveraged finance or structured finance.
The focus of the BW-Bank as the operating unit within the LBBW is the private and corporate customers in its core market of Baden-Württemberg. The product portfolio for enterprise customers focused on medium-sized and in addition to traditional financing services and payment transactions and asset management. In the area of Stuttgart, BW-Bank for LBBW as a savings bank.
Sachsen Bank was established on 1 April 2008 as a legally dependent institution Landesbank Baden-Wuerttemberg and originated from the Regional Customer Business at Landesbank Sachsen and the branches of the Baden-Württemberg Bank (BW-Bank) in Halle, Leipzig and Dresden.
The Sachsen Bank operates in the medium-sized corporate and private clients areas under the franchise of LBBW in Central Germany (Saxony, Saxony-Anhalt, Thuringia) and the neighboring areas. The broad product and service portfolio of the LBBW is connected to the customers near an independently operating regional bank.
The Rheinland-Pfalz Bank was established on 1 July 2008 as a legally dependent institution Landesbank of Baden-Württemberg. Core business areas of Rheinland-Pfalz Bank are the corporate customer business and business with key accounts in Rhineland-Palatinate, North Rhine-Westphalia, and Hesse, the business with selected institutional clients and private banking.
The range of services provided by Landesbank Baden-Württemberg subsidiaries extends from leasing and factoring on the management of special securities funds and equity financing to special financial services for local communities and a comprehensive range of services around the real estate sector.
- BWInvest Baden-Württemberg mbH Investment
- Cellent AG, IT consulting and service company
- Cellent Finance Solutions GmbH
- LBBW Immobilien GmbH
- LBBW Leasing GmbH
- LBBW Venture Capital GmbH
- LHI Leasing GmbH
- MKB Mittelrheinische Bank GmbH
- MMV Leasing GmbH
- SüdFactoring GmbH
- Südleasing GmbH
- Total assets (€ billion): 336.3
- Revenue: $21 billion (2010)
- Number of employees: 11,642