Landesbank Baden-Württemberg

Landesbank Baden-Württemberg (LBBW) is both an universal bank and a commercial bank with a regional focus. LBBW provides products and services in the areas of retail and corporate banking, real estate financing and financial markets.

Bank Category

Landesbanken

Financials

Total Assets (2017)
237.71 bln EUR  (-2.42%)
Net Income (2017)
419.00 mln EUR  (+3 709.09%)

In 2017 total assets of Landesbank Baden-Württemberg were 237,71 bln EUR. In 2017 the bank's net income was 419,00 mln EUR.

Landesbank Baden-Württemberg is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).

Landesbank Baden-Württemberg participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Am Hauptbahnhof 2, 70173, Stuttgart, Germany
106049
711 127 0
711 127 4494

Landesbank Baden-Württemberg is headquartered in Stuttgart.

Bank Identifiers

BIC (SWIFT)
SOLADESTXXX
MFI ID
DE00316

Financial Positions

Total Assets (2017)
237.71 bln EUR  (-2.42%)

In 2017 total assets of Landesbank Baden-Württemberg were 237.71 bln EUR. Decline compared to the previous period (2016) was -2.42%. The evolution of the total assets of Landesbank Baden-Württemberg is shown at Chart 1 below.

Total Assets of Landesbank Baden-Württemberg.

Chart 1. Total Assets of Landesbank Baden-Württemberg.

Profit and Loss

Net Income (2017)
419.00 mln EUR  (+3 709.09%)

In 2017 net income of Landesbank Baden-Württemberg was 419.00 mln EUR. Growth compared to the previous period (2016) was 3 709.09%. The evolution of the net income of Landesbank Baden-Württemberg is shown at Chart 2 below.

Net Income of Landesbank Baden-Württemberg.

Chart 2. Net Income of Landesbank Baden-Württemberg.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
6th (market share 3.44%)

In 2016 Landesbank Baden-Württemberg was ranked the 6th largest bank in Germany in terms of total assets, having 3.44% of the domestic market share.

Market share of Landesbank Baden-Württemberg (among banks in Germany)

Chart 3. Market share of Landesbank Baden-Württemberg (among banks in Germany)

Several banks having the market shares and ranks closest to Landesbank Baden-Württemberg are shown below.

RankNameTotal AssetsMarket Share
5UniCredit Bank AG250328.00 mln EUR3.53%
6Landesbank Baden-Württemberg243600.00 mln EUR3.44%
7Bayerische Landesbank212150.00 mln EUR2.99%
 

Market Share and Rank (among Landesbanken in Germany)

Total Assets (2016)
1st (market share 27.05%)

In 2016 Landesbank Baden-Württemberg was ranked the 1st largest landesbanken in Germany in terms of total assets, having 27.05% of the category's market share.

Market share of Landesbank Baden-Württemberg (among Landesbanken in Germany)

Chart 4. Market share of Landesbank Baden-Württemberg (among Landesbanken in Germany)

Several landesbanken having the market shares and ranks closest to Landesbank Baden-Württemberg are shown below.

RankNameTotal AssetsMarket Share
1Landesbank Baden-Württemberg243600.00 mln EUR27.05%
2Bayerische Landesbank212150.00 mln EUR23.56%
3Landesbank Hessen-Thüringen GZ136787.96 mln EUR15.19%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A- (high credit quality) Aa3 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Landesbank Baden-Württemberg is rated by Fitch and Moody's.

Credit ratings assigned to Landesbank Baden-Württemberg 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 Landesbank Baden-Württemberg 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 Landesbank Baden-Württemberg 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  bbb
Support Rating  1
Support Rating Floor  WD

Viability rating for Landesbank Baden-Württemberg is set to bbb (good fundamental credit quality); support rating is 1 (extremely high probability of external support); support rating floor is WD (withdrawn).

Moody's

Long-term rating for Landesbank Baden-Württemberg it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Baseline credit assessment is baa2. Short-term rating is not assigned.

Long-Term Rating  Aa3
Long-Term Bank Deposit Rating  Aa3
Baseline Credit Assessment  baa2
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Landesbank Baden-Württemberg is set to stable (not likely to change).

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 Landesbank Baden-Württemberg 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 Landesbank Baden-Württemberg and its components are shown in the table below.

BIC  SOLADESTXXX
Bank BIC Code  SOLA
Country Code  DE (Germany)
Location Code  ST
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 Landesbank Baden-Württemberg is shown in the table below.

MFI ID  DE00316

European Presence: 3 banks in 3 countries

Landesbank Baden-Württemberg operates under the brand name LBBW. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Germany

  • (this bank) Landesbank Baden-Württemberg (Stuttgart)

Luxembourg

United Kingdom

Defunct Banks: 3 banks in 3 countries

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

Cayman Islands

Luxembourg

Switzerland