In German-speaking jurisdictions, ''Landesbank'' (plural ), , refers to a category of

public sector The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises. Public sectors include the public goods and governmental services such as the military, law enforcement, pu ...

banks that are owned by one or more of the ''Länder'' ( federated internally self-governing states). Institutions of this type exist in most German states, as well as

Austria Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Aust ...

and

Switzerland Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland ...

Austria-Hungary

In the

Austro-Hungarian Empire Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe between 1867 and 1918. A military and diplomatic alliance, it consist ...

under the rule of the

Habsburg monarchy The Habsburg monarchy, also known as Habsburg Empire, or Habsburg Realm (), was the collection of empires, kingdoms, duchies, counties and other polities (composite monarchy) that were ruled by the House of Habsburg. From the 18th century it is ...

, were government-sponsored banks established in some of the kingdoms and lands of the crown: * '' Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau'', est. 1883 in Lemberg (now

Lviv Lviv ( or ; ; ; see #Names and symbols, below for other names) is the largest city in western Ukraine, as well as the List of cities in Ukraine, fifth-largest city in Ukraine, with a population of It serves as the administrative centre of ...

) for the

Kingdom of Galicia and Lodomeria The Kingdom of Galicia and Lodomeria, also known as Austrian Galicia or colloquially Austrian Poland, was a constituent possession of the Habsburg monarchy in the historical region of Galicia (Eastern Europe), Galicia in Eastern Europe. The Cr ...

and the Grand Duchy of Kraków * '' Landesbank des Königreiches Böhmen'', est. 1890 in

Prague Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its P ...

for the

Kingdom of Bohemia The Kingdom of Bohemia (), sometimes referenced in English literature as the Czech Kingdom, was a History of the Czech lands in the High Middle Ages, medieval and History of the Czech lands, early modern monarchy in Central Europe. It was the pr ...

* '' Landesbank für Bosnien und Herzegowina'', est. 1895 in

Sarajevo Sarajevo ( ), ; ''see Names of European cities in different languages (Q–T)#S, names in other languages'' is the Capital city, capital and List of cities in Bosnia and Herzegovina, largest city of Bosnia and Herzegovina, with a population of 2 ...

for Bosnia and Herzegovina under Austro-Hungarian rule * ''Bukowinaer Landesbank'', est. 1905 in Czernowitz (now

Chernivtsi Chernivtsi (, ; , ;, , see also #Names, other names) is a city in southwestern Ukraine on the upper course of the Prut River. Formerly the capital of the historic region of Bukovina, which is now divided between Romania and Ukraine, Chernivt ...

) for the

Duchy of Bukovina The Duchy of Bukovina (; ; ) was a constituent land of the Austrian Empire from 1849 and a Cisleithanian crown land of Austria-Hungary from 1867 until 1918. Name The name ''Bukovina'' came into official use in 1775 with the region's annexation ...

* '' Kroatische Landesbank'', est. 1909 in Esseg (now

Osijek Osijek () is the fourth-largest city in Croatia, with a population of 96,848 in 2021. It is the largest city and the economic and cultural centre of the eastern Croatian region of Slavonia, as well as the administrative centre of Osijek-Baranja ...

) for the

Kingdom of Croatia-Slavonia The Kingdom of Croatia-Slavonia (; or ; ) was a nominally autonomous kingdom and constitutionally defined separate political nation within the Austro-Hungarian Empire. It was created in 1868 by merging the kingdoms of Kingdom of Croatia (Habs ...

* ''Krainische Landesbank'', est. 1912 in Laibach (now

Ljubljana {{Infobox settlement , name = Ljubljana , official_name = , settlement_type = Capital city , image_skyline = {{multiple image , border = infobox , perrow = 1/2/2/1 , total_widt ...

) for the

Duchy of Carniola The Duchy of Carniola (, , ) was an imperial estate of the Holy Roman Empire, established under House of Habsburg, Habsburg rule on the territory of the former East Frankish March of Carniola in 1364. A hereditary land of the Habsburg monarc ...

By contrast, Vienna's '' Länderbank'' (est. 1880) and its short-lived affiliate the (1881-1887) were private-sector initiatives. The name ''Landesbank'' also survives in regional entities of the cooperative Raiffeisen Group in

and, similarly, the Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige in the Italian region of

South Tyrol South Tyrol ( , ; ; ), officially the Autonomous Province of Bolzano – South Tyrol, is an autonomous administrative division, autonomous provinces of Italy, province in northern Italy. Together with Trentino, South Tyrol forms the autonomo ...

. File:Львів, університет фізичної культури.jpg, Former in

, 2015 File:Na příkopě 20 (Prague).jpg, Former in

, 2020 File:Sarajevo Finance ministry2.jpg, Former in

, 2006 File:HerrenGasse 181.jpg, Former in

, 2010

Germany

The current are part of the Sparkassen-Finanzgruppe, one of the three pillars of Germany's banking system. Their business is predominantly wholesale banking, partly to serve local

savings bank A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks ha ...

s (). With a few exceptions, Landesbanken and Sparkassen are chartered by national and state banking laws to pursue a public purpose (). As of late 2022, they are: * Landesbank Baden-Württemberg (LBBW) in

Stuttgart Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of ...

, covering

Baden-Württemberg Baden-Württemberg ( ; ), commonly shortened to BW or BaWü, is a states of Germany, German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million i ...

Rhineland-Palatinate Rhineland-Palatinate ( , ; ; ; ) is a western state of Germany. It covers and has about 4.05 million residents. It is the ninth largest and sixth most populous of the sixteen states. Mainz is the capital and largest city. Other cities are ...

, and

Saxony Saxony, officially the Free State of Saxony, is a landlocked state of Germany, bordering the states of Brandenburg, Saxony-Anhalt, Thuringia, and Bavaria, as well as the countries of Poland and the Czech Republic. Its capital is Dresden, and ...

* Bayerische Landesbank (BayernLB) in

Munich Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is no ...

, covering

Bavaria Bavaria, officially the Free State of Bavaria, is a States of Germany, state in the southeast of Germany. With an area of , it is the list of German states by area, largest German state by land area, comprising approximately 1/5 of the total l ...

* Landesbank Hessen-Thüringen (Helaba) in

Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...

and

Erfurt Erfurt () is the capital (political), capital and largest city of the Central Germany (cultural area), Central German state of Thuringia, with a population of around 216,000. It lies in the wide valley of the Gera (river), River Gera, in the so ...

, covering

Brandenburg Brandenburg, officially the State of Brandenburg, is a States of Germany, state in northeastern Germany. Brandenburg borders Poland and the states of Berlin, Mecklenburg-Vorpommern, Lower Saxony, Saxony-Anhalt, and Saxony. It is the List of Ger ...

Hesse Hesse or Hessen ( ), officially the State of Hesse (), is a States of Germany, state in Germany. Its capital city is Wiesbaden, and the largest urban area is Frankfurt, which is also the country's principal financial centre. Two other major hist ...

North Rhine-Westphalia North Rhine-Westphalia or North-Rhine/Westphalia, commonly shortened to NRW, is a States of Germany, state () in Old states of Germany, Western Germany. With more than 18 million inhabitants, it is the List of German states by population, most ...

, and

Thuringia Thuringia (; officially the Free State of Thuringia, ) is one of Germany, Germany's 16 States of Germany, states. With 2.1 million people, it is 12th-largest by population, and with 16,171 square kilometers, it is 11th-largest in area. Er ...

* Norddeutsche Landesbank (NORD/LB) in

Hanover Hanover ( ; ; ) is the capital and largest city of the States of Germany, German state of Lower Saxony. Its population of 535,932 (2021) makes it the List of cities in Germany by population, 13th-largest city in Germany as well as the fourth-l ...

, covering

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the c ...

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

Lower Saxony Lower Saxony is a States of Germany, German state (') in Northern Germany, northwestern Germany. It is the second-largest state by land area, with , and fourth-largest in population (8 million in 2021) among the 16 ' of the Germany, Federal Re ...

Mecklenburg-Vorpommern Mecklenburg-Vorpommern (MV; ; ), also known by its Anglicisation, anglicized name Mecklenburg–Western Pomerania, is a Federated state, state in the north-east of Germany. Of the country's States of Germany, sixteen states, Mecklenburg-Vorpom ...

Saxony-Anhalt Saxony-Anhalt ( ; ) is a States of Germany, state of Germany, bordering the states of Brandenburg, Saxony, Thuringia and Lower Saxony. It covers an area of and has a population of 2.17 million inhabitants, making it the List of German states ...

, and

Schleswig-Holstein Schleswig-Holstein (; ; ; ; ; occasionally in English ''Sleswick-Holsatia'') is the Northern Germany, northernmost of the 16 states of Germany, comprising most of the historical Duchy of Holstein and the southern part of the former Duchy of S ...

* Landesbank Saar (SaarLB) in

Saarbrücken Saarbrücken (; Rhenish Franconian: ''Sabrigge'' ; ; ; ; ) is the capital and largest List of cities and towns in Germany, city of the state of Saarland, Germany. Saarbrücken has 181,959 inhabitants and is Saarland's administrative, commerci ...

, covering

Saarland Saarland (, ; ) is a state of Germany in the southwest of the country. With an area of and population of 990,509 in 2018, it is the smallest German state in area apart from the city-states of Berlin, Bremen, and Hamburg, and the smallest in ...

File:Landesbank Baden-Württemberg logo.svg, Logo of LBBW File:Bayernlb-logo.svg, Logo of BayernLB File:Helaba Logo 2019.svg, Logo of Helaba File:Nord LB logo.svg, Logo of NORD/LB File:Landesbank Saar logo.svg, Logo of SaarLB Four other German institutions are named without playing the role of the above five within the public sector: * Landesbank Berlin (LBB) was converted into a joint-stock company () in 2007, when the DSGV rescued it and took full ownership of its share capital; it is part of the Sparkassen-Finanzgruppe * is a local public savings bank, part of the Sparkassen-Finanzgruppe; its earliest predecessor was established in 1834 as , and was renamed in 1930 * , another local public savings bank within the Sparkassen-Finanzgruppe, is also occasionally referred to as because one of its predecessor entities was a local branch of , opened in

Birkenfeld Birkenfeld () is a town and the district seat of the Birkenfeld (district), Birkenfeld Districts of Germany, district in southwest Rhineland-Palatinate, Germany. It is also the seat of the Birkenfeld (Verbandsgemeinde), like-named ''Verbandsge ...

in 1914 * Oldenburgische Landesbank (OLB, est. 1869) has always been a private-sector bank, controlled since 2017 by

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

. File:Berlin, Mitte, Alexanderplatz, Alexanderhaus, Fassade Grunerstrasse 02.jpg, Landesbank Berlin head office in

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

, 2009 File:Hohenzollerische Landesbank Sigmaringen.jpg, Hohenzollerische Landesbank Kreissparkasse in Sigmaringen, 2015 File:Idar-Oberstein-Sparkasse1-Bubo.JPG, Kreissparkasse Birkenfeld in

Idar-Oberstein Idar-Oberstein () is a town in the Birkenfeld (district), Birkenfeld Districts of Germany, district in Rhineland-Palatinate, Germany. As a ''Große kreisangehörige Stadt'' (large city belonging to a district), it assumes some of the respons ...

, 2009 File:Hauptsitz der Oldenburgischen Landesbank, Stau 15, Oldenburg.jpg, Oldenburgische Landesbank in Oldenburg, 2010

Liechtenstein

The German name of the National Bank of Liechtenstein is .

References

External links

http://www.faz.net
(Bilanzsummen minus 1.809.100.000.000 Euro) (Stand September 2010) (Schuldenbremse Grundgesetz) Government-owned banks of Germany {{Germany-bank-stub

Austria-Hungary

Germany

Liechtenstein

See also

References

External links