Here are a few of the most interesting LBBW statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
LBBW Facts
- Website: Official Website
- Year Founded: 1999
- Headquarters: Stuttgart, Germany
- Current Chief Executive: Rainer Neske
What is LBBW?
Landesbank Baden-Württemberg (LBBW) is both a medium-sized universal bank and the central bank of the savings banks in Baden-Württemberg, Saxony and Rhineland-Palatinate. With total assets of EUR 238 billion and around 10,000 employees (as of 31 Dec. 2017), LBBW is one of the largest banks in Germany. Its core activities are the business with corporate customers, in particular small and medium-sized enterprises and the private customer business, as well as savings banks. A further focus is placed on real-estate financing as well as the customer-oriented capital market business with banks, savings banks and institutional investors. Together with its regional customer banks Baden-Württembergische Bank (BW-Bank), Rheinland-Pfalz Bank and Sachsen Bank, LBBW services its private and corporate customers in about 180 offices – for many of these customers, they have been the main banker for many years. Specialised subsidiaries such as leasing, factoring, real estate, venture capital or asset management round out the product and service range of LBBW group. (source)
LBBW Revenue Totals
LBBW Group annual net interest income:
- 2018: 1,558 EUR million
- 2017: 1,587 EUR million
LBBW annual net consolidated profit:
- 2018: 420 EUR million
- 2017: 419 EUR million