Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale-

Bremer Landesbank was founded in 1883. Bremer Landesbank operates as a regional universal bank and supports businesses and individuals by providing solutions for financing and asset protection. In September 2017 Bremer Landesbank was merged with Norddeutsche Landesbank.

Bank Category

Landesbanken

Financials

Total Assets (2016)
28 931.00 mln EUR  (-3.47%)

Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- was the 34th largest bank in Germany in terms of total assets. In 2016 its total assets were 28 931,00 mln EUR, providing the bank with the market share of 0.41%. Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- was the 7th largest landesbanken in Germany (out of 9 landesbanken) having market share of 3.21% amongst the banks of this category.

Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality).

Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Domshof 26, 28195, Bremen, Germany
421 332-0
421 332 23 22

Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- was headquartered in Bremen.

Bank Identifiers

BIC (SWIFT)
BRLADE22XXX
MFI ID
DE00314
Close Date
September 2017

Financial Positions

Total Assets (2016)
28 931.00 mln EUR  (-3.47%)

In 2016 total assets of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- were 28 931.00 mln EUR. Decline compared to the previous period (2015) was -3.47%. The evolution of the total assets of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is shown at Chart 1 below.

Total Assets of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale-.

Chart 1. Total Assets of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale-.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
34th (market share 0.41%)

In 2016 Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- was ranked the 34th largest bank in Germany in terms of total assets, having 0.41% of the domestic market share.

Market share of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (among banks in Germany)

Chart 2. Market share of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (among banks in Germany)

Several banks having the market shares and ranks closest to Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- are shown below.

RankNameTotal AssetsMarket Share
33UBS Europe SE29039.34 mln EUR0.41%
34Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (closed)28931.00 mln EUR0.41%
35Dexia Kommunalbank Deutschland AG28809.79 mln EUR0.41%
 

Market Share and Rank (among Landesbanken in Germany)

Total Assets (2016)
7th (market share 3.21%)

In 2016 Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- was ranked the 7th largest landesbanken in Germany in terms of total assets, having 3.21% of the category's market share.

Market share of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (among Landesbanken in Germany)

Chart 3. Market share of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (among Landesbanken in Germany)

Several landesbanken having the market shares and ranks closest to Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- are shown below.

RankNameTotal AssetsMarket Share
6Landesbank Berlin AG45873.72 mln EUR5.09%
7Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- (closed)28931.00 mln EUR3.21%
8Oldenburgische Landesbank AG14108.03 mln EUR1.57%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A- (high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is rated by Fitch.

Credit ratings assigned to Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- it is set to A- (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  bb
Support Rating  1
Support Rating Floor  WD

Viability rating for Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is set to bb (speculative fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is WD (withdrawn).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- and its components are shown in the table below.

BIC  BRLADE22XXX
Bank BIC Code  BRLA
Country Code  DE (Germany)
Location Code  22
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Bremer Landesbank Kreditanstalt Oldenburg -Girozentrale- is shown in the table below.

MFI ID  DE00314