Landesbank for Saxony-Anhalt since 1992
Together with the savings banks in the state, NORD/LB has made a major contribution toward developing Saxony-Anhalt into an innovative economic location with a healthy mixture of many industries today. The savings bank finance group is the market leader in the financing of small and medium-sized companies over here.
As the Landesbank for Saxony-Anhalt, we support the state in the regional promotion of the economy. Together with the Investitionsbank Saxony-Anhalt, we advise the state government of Saxony-Anhalt.
NORD/LB's main fields of business in Saxony-Anhalt involve the savings bank network with 13 savings banks in the state and the corporate customer business. Then there is also special know-how in the areas of residential housing and agricultural banking.
As a central bank for savings banks, we are a partner of the savings banks. In close collaboration with them, we support companies with their expansion and the opening up of foreign markets thanks to our international experience. The regional savings bank always remains the first contact for customers.
NORD/LB consolidates its market position in Saxony-Anhalt
02.07.2014 – NORD/LB Landesbank for Saxony-Anhalt has expressed satisfaction with the development of its business in the federal state. "We have further consolidated our market position in the region", as Dr. Hinrich Holm, member of the NORD/LB Managing Board, told journalists last Wednesday in Magdeburg. "We, in collaboration with the savings banks, have established ourselves as the premier address for financing solutions tailored to the specific needs of the regional SMEs". He added that 2013 and the first six months of 2014 not only generated pleasing results in the corporate business segment but also in NORD/LB's other spheres of activity in Saxony-Anhalt. This was particularly the case in agricultural banking and the financing of renewable energies. The slight drop of 1.5 percent in the bank's overall financing volume in Saxony-Anhalt was attributable to special effects in individual business segments, for example the improved financial situation among the municipal authorities.>Read press release
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