LBS Landesbausparkasse Südwest

Business Focus
real estate financing

LBS Landesbausparkasse Südwest is a public sector building and loan association (de: Landesbausparkassen) providing classical collective building saving scheme. Landesbausparkassen are members of German Savings Banks Finance Group (Sparkassen Finanzgruppe).

Bank Category

Public sector building and loan associations (Landesbausparkassen)

Financials

Total Assets (2018)
19,473.90 mln EUR  (+5.83%)
Net Income (2018)
6.18 mln EUR  (-58.48%)

LBS Landesbausparkasse Südwest is the 47th largest bank in Germany in terms of total assets. In 2018 its total assets were 19 473,90 mln EUR, providing the bank with the market share of 0.27%. LBS Landesbausparkasse Südwest is the 1st largest public sector building and loan associations (landesbausparkasse) in Germany (out of 6 public sector building and loan associations (landesbausparkassen)) having market share of 38.49% amongst the banks of this category. In 2018 the bank's net income was 6,18 mln EUR.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

LBS Landesbausparkasse Südwest participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. LBS Landesbausparkasse Südwest is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Contacts

Jägerstraße 36, 70174, Stuttgart, Germany
10 60 28

LBS Landesbausparkasse Südwest is headquartered in Stuttgart.

Bank Identifiers

BIC (SWIFT)
LBLBDES1XXX
LEI
529900FU4WJ2XT7BVE31
MFI ID
DE07806

Bank History

Previous Name
LBS Landesbausparkasse Baden-Württemberg