LBS Landesbausparkasse Südwest (formerly LBS Landesbausparkasse Baden-Württemberg)

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 (2017)
18 400.52 mln EUR  (+3.55%)
Net Income (2017)
14.89 mln EUR  (-0.51%)

In 2017 total assets of LBS Landesbausparkasse Südwest were 18 400,52 mln EUR. In 2017 the bank's net income was 14,89 mln EUR.

LBS Landesbausparkasse Südwest participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Jägerstraße 36, 70174, Stuttgart, Germany
10 60 28

LBS Landesbausparkasse Südwest is headquartered in Stuttgart.

Bank Identifiers

BIC (SWIFT)
LBLBDES1XXX
MFI ID
DE07806

Financial Positions

Total Assets (2017)
18 400.52 mln EUR  (+3.55%)

In 2017 total assets of LBS Landesbausparkasse Südwest were 18 400.52 mln EUR. Growth compared to the previous period (2016) was 3.55%. The evolution of the total assets of LBS Landesbausparkasse Südwest is shown at Chart 1 below.

Total Assets of LBS Landesbausparkasse Südwest.

Chart 1. Total Assets of LBS Landesbausparkasse Südwest.

Profit and Loss

Net Income (2017)
14.89 mln EUR  (-0.51%)

In 2017 net income of LBS Landesbausparkasse Südwest was 14.89 mln EUR. Decline compared to the previous period (2016) was -0.51%. The evolution of the net income of LBS Landesbausparkasse Südwest is shown at Chart 2 below.

Net Income of LBS Landesbausparkasse Südwest.

Chart 2. Net Income of LBS Landesbausparkasse Südwest.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
54th (market share 0.25%)

In 2016 LBS Landesbausparkasse Südwest was ranked the 54th largest bank in Germany in terms of total assets, having 0.25% of the domestic market share.

Market share of LBS Landesbausparkasse Südwest (among banks in Germany)

Chart 3. Market share of LBS Landesbausparkasse Südwest (among banks in Germany)

Several banks having the market shares and ranks closest to LBS Landesbausparkasse Südwest are shown below.

RankNameTotal AssetsMarket Share
53Investitionsbank Berlin17979.65 mln EUR0.25%
54LBS Landesbausparkasse Südwest17769.64 mln EUR0.25%
55Stadtsparkasse München17623.16 mln EUR0.25%
 

Market Share and Rank (among Public sector building and loan associations (Landesbausparkassen) in Germany)

Total Assets (2016)
1st (market share 29.05%)

In 2016 LBS Landesbausparkasse Südwest was ranked the 1st largest public sector building and loan associations (landesbausparkasse) in Germany in terms of total assets, having 29.05% of the category's market share.

Market share of LBS Landesbausparkasse Südwest (among Public sector building and loan associations (Landesbausparkassen) in Germany)

Chart 4. Market share of LBS Landesbausparkasse Südwest (among Public sector building and loan associations (Landesbausparkassen) in Germany)

Several public sector building and loan associations (landesbausparkassen) having the market shares and ranks closest to LBS Landesbausparkasse Südwest are shown below.

RankNameTotal AssetsMarket Share
1LBS Landesbausparkasse Südwest17769.64 mln EUR29.05%
2LBS Westdeutsche Landesbausparkasse13390.68 mln EUR21.89%
3LBS Bayerische Landesbausparkasse13352.29 mln EUR21.83%
 

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 LBS Landesbausparkasse Südwest 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 LBS Landesbausparkasse Südwest and its components are shown in the table below.

BIC  LBLBDES1XXX
Bank BIC Code  LBLB
Country Code  DE (Germany)
Location Code  S1
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 LBS Landesbausparkasse Südwest is shown in the table below.

MFI ID  DE07806

European Presence: 8 banks in 1 country

LBS Landesbausparkasse Südwest operates under the brand name LBS. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

Defunct Banks: 2 banks in 1 country

The following banks operating under LBS brand name has been recently closed down:

Germany