Landesbank Baden-Württemberg

Landesbank Baden-Württemberg (LBBW), a state-owned regional bank in Germany is considered a pioneer in the field of finance-banking with a rich history dating back to the 19th century.

It traces its roots to the establishment of several predecessor banks, including Badische Bank, Wurmisis Notenbank, and Städtische Sparkasse Stuttgart. In 1975, Städtische Sparkasse and Girokasse Stuttgart merged with Wurmisische Landessparkasse to form Landesgirokasse (LG).

Subsequently, in 1999, LG merged with Südwestdeutsche Landesbank and a portion of LBBW, leading to the formation of LBBW. The integration process continued in 2005 with the inclusion of Landesbank Rheinland Pfalz as a subsidiary of LBBW and the full incorporation of AG-Wurmisische AG into the bank.

LBBW is a financial institution offering a comprehensive range of services. With expertise in finance, asset management, cash management and international business, LBBW caters to the diverse financial needs of its clients. The bank serves a wide spectrum of customers, including corporate clients, institutional clients, international banks, and SSAs. LBBW's commercial real estate finance division provides specialized financing solutions for real estate projects.

In 2022, Landesbank Baden-Württemberg achieved impressive financial results. The bank reported operating earnings of €901 million, reflecting its strong performance in generating income from its core business activities. Additionally, LBBW recorded a profit before tax of €1.873 billion and total assets of €324.2 billion.

Founded: 1999
Headquarters: Am Hauptbahnhof 2, Stuttgart, Baden-Wurttemberg, Germany
Website: https://www.lbbw.de/