Landesbank Baden
German credit institution headquartered in Stuttgart
Landesbank Baden, short for Landesbank Baden-Wurttemberg (LBBW) is a full-service commercial bank and parent company of three commercial banks (SudwestLB, Landesgirokasse, and the commercial banking business of L-Bank) and the Landesbank for the Federal States Baden-Württemberg, Rhineland-Palatinate and Saxony. As of 2017, it is Germany's biggest state-backed landesbank lender.
Company type | Public bank |
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Industry | Financial services |
Predecessor | Landeskreditbank Baden-Württemberg Q2381708 Württembergische Landessparkasse |
Founded | 1 January 1999 |
Headquarters | Stuttgart, Germany |
Key people | Hans-Jörg Vetter |
Products | Investment banking, Commercial banking, Retail banking, Private banking, Asset management |
Revenue | $21 billion (2010) |
Owner | Savings bank Association of Baden-Wuerttemberg (41%) Baden-Württemberg (25%) Stuttgart (19%) Landesbeteiligungen Baden-Württemberg (14%) Landeskreditbank Baden-Württemberg (2%) |
Number of employees | 13,369 (December 31, 2008) |
Website | www |