Bayerische Landesbank
Bayerische Landesbank, commonly known as BayernLB, is a state-owned bank headquartered in Munich, Germany. It was established in 1972 and serves as the central bank for the Free State of Bavaria.
As a universal bank, BayernLB provides a comprehensive range of financial services to corporate clients, institutional investors, and retail customers. The bank operates in various sectors including commercial real estate, infrastructure finance, energy, transportation and public sector financing. BayernLB also offers wealth management and private banking services to high-net-worth individuals and families.
BayernLB has a strong regional focus on Bavaria, but it also has a presence in other German states and international locations. The bank has branch offices and representative offices in major cities such as Frankfurt, Berlin, New York, Hong Kong, and London, among others. It maintains a global network to serve its clients and support their international business activities.
In 2022, BayernLB achieved positive financial results, demonstrating its strong performance and stability. The bank's net interest income reached €2,137 million and total assets were of €259,343 million. BayernLB maintained a robust capital position, with a CET1 capital ratio of 17.4% and a total capital ratio of 21.3%.
It also recorded an operating profit of €151 million in 2022, a notable increase of 10 million compared to the previous year's operating profit of €141 million. This growth in operating profit signifies the bank's effective management of expenses and optimized performance across its various business segments.
Founded: 1972
Headquarters: Frankfurt am Main, Germany
Website: https://www.bayernlb.de/
