Braunschweigische Landessparkasse (BLSK) is a municipal savings bank in parts of the former state of Braunschweig that belong to the state of Lower Saxony today. It has over 100 branches in the city of Braunschweig and in parts of Salzgitter, in the counties of Helmstedt, Holzminden and Wolfenbüttel as well as in parts of the counties of Goslar, Northeim, Osterode and Peine. This group has its roots in the former Duchy of Braunschweig, since BLSK goes back to the Herzogliche Leyhaus (ducal credit institution) established by Carl I. in 1765. Today, BLSK operates as a savings bank with sophisticated municipal ties and its own market presence. From retail to corporate customers and retail banking, BLSK offers its customers the entire range of products and services at a savings bank.

BLSK is a part of NORD/LB as an "AidA" (Anstalt in der Anstalt Norddeutsche Landesbank / Institute in the Institute of Norddeutsche Landesbank).

>Braunschweigische Landessparkasse (in German only)

Bankhaus Lampe KG, based in Bielefeld, and NORD/LB Norddeutsche Landesbank Girozentrale, based in Hanover, established a joint venture in 2013 with a view to offering investors services for the management of alternative assets. These include the structuring, management and risk management of investment products. The company officially commenced operations on 1 July 2013. In January 2015, Talanx acquired a 45 per cent stake in the investment service provider Caplantic GmbH. After the acquisition of the stake by Talanx, for a high single-digit € million sum, in the future, NORD/LB will own 45 per cent of the shares in Caplantic while Bankhaus Lampe will retain a 10 per cent stake in Caplantic via Lampe Credit Advisors GmbH.

>Caplantic

Deutsche Hypo, which was established in 1872, is a well-positioned mortgage bank with a rising volume of commercial real estate business. The bank has about 400 employees at five locations in Germany and branches in Amsterdam, London, Madrid, Paris and Warsaw.

NORD/LB currently holds all the share capital and the voting rights of Deutsche Hypo.

>Deutsche Hypo

The main responsibilities of KreditServices Nord include the processing of certain risk management activities in the standardised credit business. At the same time, KreditServices Nord is also at the disposal of savings banks in the IT finance sector as a service provider with an attractive and promising range of services.

NORD/LB holds 100 per cent of KreditServices Nord

>KreditServices Nord (in German only)

NORD/FM Norddeutsche Facility Management GmbH is a 100% subsidiary in the savings bank network of NORD/LB. NORD/FM's range of services covers all the areas of commercial, technical and infrastructure facility management as well as construction support. Over the course of recent years, NORD/FM has successfully established itself on the market and gained the trust of countless new customers. Not only customers from the Sparkassen-Finanz-Verbund (Savings Bank Finance Network), but also public-sector and private customers, primarily from northern, western and eastern Germany, contract NORD/FM to handle the holistic optimization of their real estate.

NORD/LB holds 100 per cent of NORD/FM Norddeutsche Facility Management GmbH.

>Norddeutsche Facility Management GmbH (in German only)

BLB Leasing GmbH is now called NORD/LB Leasing GmbH, after the name change on 01.11.2018. It provides products and services to medium-sized customers active in the area of trades and crafts as well as to self-employed persons. NORD/LB Leasing’s business segment is the area of movable asset leasing.

The goal of NORD/LB Leasing GmbH is to provide NORD/LB’s customers with optimal and needs-based leasing solutions in accordance with the requirements specific to their businesses and markets and on the basis of contractual arrangements that are unobjectionable from a tax perspective.

NORD/LB holds 100 per cent of NORD/LB Leasing GmbH.

Öffentliche Versicherung Braunschweig (Braunschweig Public Sector Insurance) is the market leader in south-eastern Lower Saxony, handling life and property insurance as well as Braunschweig fire insurance. It has over 240 years of experience and is one of the oldest insurance companies in Germany. With the strongest service network of all insurers in its contractual area and its innovative product and consulting services, it is the ideal partner for NORD/LB.

NORD/LB holds 75 per cent of the guarantor equity of ÖVB (Braunschweig Public Sector Insurance)

ÖVB Öffentliche Versicherung Braunschweig (in German only)

Contact

NORD/LB Headquarters
Friedrichswall 10
30159 Hannover