NORD/LB - One of the largest banks in Germany

NORD/LB is the leading universal bank in the north of Germany. As the Landesbank of Lower Saxony and Saxony-Anhalt, it supports the public sector in municipal financing and assumes the responsibilities of a central bank for the savings banks in these two states as well as Mecklenburg-Western Pomerania.

Some areas of NORD/LB look back on almost two and a half hundred years of history. Nonetheless, our company is young in thought and action. Here you will learn who we are and what we stand for.

>Further information

History

In 1970, Norddeutsche Landesbank Girozentrale emerged from the merger of four predecessors: Braunschweigische Staatsbank, Hannoversche Landeskreditanstalt, Niedersächsische Landesbank Girozentrale and Niedersächsische Wohnungskreditanstalt Stadtschaft.

>Further information


Group figures at a glance

The most significant banks in the NORD/LB Group consist of NORD/LB, Bremer Landesbank, Norddeutsche Landesbank Luxembourg S.A. and Deutsche Hypothekenbank AG.

>Further information


Investments and subsidiaries

Banking is currently in a dynamic phase of reorientation. With rising expectations and responsibilities, the significance of suitable, competent partners is increasing in order to successfully confront the growing challenges.

>Further information


Landesbank for Saxony-Anhalt

In 1992, NORD/LB assumed the role of Landesbank for Saxony-Anhalt as part of a state agreement between Lower Saxony and Saxony-Anhalt.

>Further information


Locations worldwide

NORD/LB is the Landesbank in Lower Saxony and Saxony-Anhalt and is represented there with its main registered offices and branches. As an internationally operating commercial bank, NORD/LB also has offices in all significant financial and trading centres such as London, New York, Singapore and Shanghai.

>Further information

Contact

NORD/LB Headquarters
Friedrichswall 10
30159 Hannover


Clarity regarding NORD/LB’s future direction

  • Key elements of future business model
  • NORD/LB runs down bad debt from ship financing
  • Risk provisioning for NPL portfolio responsible for 2018 negative EBT of € 2.1 billion
  • Bank to remain financier of SMEs
  • 2019 to be year of transition

NORD/LB Norddeutsche Landesbank has, together with its owners and the Savings Banks Finance Group, agreed on the key elements of a capital strengthening and revised business model with its former owners and the Savings Banks Finance Group. NORD/LB will remain a business partner for SMEs, savings banks, private and commercial customers as well as institutional investors. It will also continue in its role as a specialist for financing energy and infrastructure projects, real estate and aircraft.