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Landesbank Baden – Württemberg

General Information:
Landesbank Baden-Württemberg (LBBW) is a central bank operating from Baden-Württemberg in Germany and is owned by the smaller banks in the region. Along with Baden-Württembergische Bank, LBBW caters modern banking facilities and services. Südwestdeutsche Landesbank, Landesgirokasse, and Landeskreditbank (commercial banking unit) are the main functional segments of this bank.
Activities:
Certain large financial operations like financial securities, wholesale banking, foreign exchange, which smaller state savings banks may find costly to handle, are worked upon by LBBW. There are dedicated departments dealing in retail banking, portfolio management services, and real estate and commercial loans.
Performance:
The business volume of Landesbank Baden - Württemberg was € 481,554 million as on December 31, 2005. The net income of Landesbank Baden - Württemberg for 2005 was € 683 million. Standard & Poor’s rate Landesbank Baden - Württemberg AA+ (while considering guaranteed obligations in the long run), and A+ (when it considers unguaranteed obligations in the long run).

Landesbank Baden Net Income
Assets & Infrastructure:
LBBW is supported by its 16 subsidiaries and affiliates. The Group had assets of €390,609,803 thousand in 2004.
Contact Address:
Am Hauptbahnhof 2, 70173 Stuttgart, Germany
Telephone: +49-711-127-0
Fax: +49-711-127-3278
Website: www.lbbw.de









Organization:
Chairman, Board of Managing Directors The LBBW Group is headed by Mr. S Jaschinski who is the Chairman of board of Managing Directors. Landesbank Baden – Württemberg had an employee count of 12,551 in 2005.

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