Landesbank Bayern
company
Landesbank Bayern or BayernLB, short for Bayerische Landesbank (Bavarian State Bank), is a publicly regulated bank based in Munich, Germany and one of the eight Landesbanken. It is 94% owned by the free state of Bavaria (indirectly via BayernLB Holding AG) and 6% owned by the Sparkassenverband Bayern, the umbrella organization of Bavarian Sparkassen. With a balance of €416 billion and 19,200 employees (in the group; 5,170 in the bank itself), it is the eighth-largest financial institution in Germany.
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| Company type | Private company |
|---|---|
| Industry | Finance and Insurance |
| Founded | 1972 |
| Headquarters | München, Germany |
| Products | Financial Services |
| Revenue | $3.72 (billion) |
| Website | www.bayernlb.de |
