Landesbank Hessen-Thüringen Girozentrale
Landesbank Hessen-Thüringen Girozentrale (Helaba) is a state-owned regional bank based in Germany. With its headquarters in Frankfurt, Helaba serves as a key financial institution in the Hessen-Thüringen region. Helaba operates in several sectors, including cash management, corporate banking, real estate financing, public authorities, and capital markets.
In particular, it offers a wide range of financial services, including secure transactions, liquidity management and support for growth and investment. it specializes in serving the real estate sector, providing services to municipalities and corporations. In addition, its capital markets division offers various financial products such as securities, money market instruments and foreign exchange.
In 2022, Helaba reported a positive financial performance, with an increase in operating income by €356 million compared to the previous year. The net income for the year reached €278 million, surpassing the prior-year figure of €221 million. Net interest income, a significant component of Helaba's earnings, slightly rose from €1,298 million to €1,303 million. With total assets amounting to €195,612 million, Helaba continues to maintain a strong financial position.
As a prominent player in the German banking sector, Helaba continues to contribute to the economic growth and stability of the Hessen-Thüringen region while expanding its reach both domestically and internationally.
Founded: 1953
Headquarters:
- Neue Mainzer Strasse 52-58, Frankfurt am Main, Germany
- Bonifaciusstrasse 16, Erfurt, Germany
Website: https://www.helaba.com/de/
