Landesbank Baden-Wurttemberg - Company Profile
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Landesbank Baden-Wurttemberg (LBBW) is a provider of commercial and retail banking, and other related financial solutions to individuals, businesses and corporates, SMEs, the public sector, and high-net-worth clients. It offers deposit services, lending solutions, asset management, corporate finance, payment management, and pension management. The bank provides currency and commodities management, leasing, real estate finance, factoring, equity and debt finance, project finance, wealth management, advisory, and investment solutions. The bank also offers insurance, private banking, brokerage, treasury solutions, custody services, and international business solutions. The bank has a presence in the Americas, Europe, and Asia. LBBW is headquartered in Stuttgart, Germany.
Headquarters
Germany
Address
Am Hauptbahnhof 2, Stuttgart, Baden-Wurttemberg, 70173
Website
www.lbbw.de
Telephone
49 711 1270
No of Employees
10,384
Industry
Financial Services
Revenue (2022)
$20.4B
Landesbank Baden-Wurttemberg premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Loans | Wealth Management | LBBW |
| Credit Cards | Real Estate Financing | |
| Deposit Accounts | Project Finance | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In February, the company entered into an agreement to sell 100% stake in targens to GFT Technologies. |
| 2022 | Plans/Strategy | In January, the company announced its plans to acquire Berlin Hyp AG from Landesbank Berlin Holding AG. |
| 2020 | New Products/Services | In September, the company created Asset and wealth Management unit along with BW-Bank. |
Competitor Comparison
| Key Parameters | Landesbank Baden-Wurttemberg | Deutsche Bank AG | DZ Bank AG | Commerzbank AG | UniCredit Bank AG |
|---|---|---|---|---|---|
| Headquarters | Germany | Germany | Germany | Germany | Germany |
| City | Stuttgart | Frankfurt Am Main | Frankfurt am Main | Frankfurt Am Main | Munich |
| State/Province | Baden-Wurttemberg | Baden-Wurttemberg | Hessen | Baden-Wurttemberg | Bayern |
| No. of Employees | 10,384 | 90,130 | 33,524 | 42,000 | 10,866 |
| Entity Type | Private | Public | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rainer Neske | Chief Executive Officer | Senior Management | 2016 | 59 |
| Anastasios Agathagelidis | Chief Risk Officer | Senior Management | 2021 | 56 |
| Stefanie munz | Member – Finance and operations | Senior Management | 2021 | 43 |
| Andreas Gotz | Chief representative | Senior Management | 2020 | 54 |
| Karl Manfred Lochner | Member | Senior Management | 2012 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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