Landesbank Hessen-Thuringen (Helaba) offers a broad range of financial services to companies, banks, institutional investors and public sector, both in Germany and internationally. Helaba is also a central clearing institution and service provider for about a half of German savings banks (Sparkassen).
In 2023, Landesbank Hessen-Thüringen GZ achieved the position of 8th largest bank in Germany with a market share of 2.02%; its total assets grew by 5.51%.
Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Landesbank Hessen-Thüringen GZ.
Landesbank Hessen-Thüringen GZ ranks as the 8th largest bank in Germany by total assets. In 2023 its total assets were 181.53 bln EUR, representing a 2.02% market share. It is also the 2nd largest landesbanken in Germany, commanding a 21.26% share among landesbanken. In 2023 the bank's net income was 198.00 mln EUR.
Landesbank Hessen-Thüringen GZ 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 Hessen-Thüringen GZ protects deposits up to up to 100,000 EUR per depositor through Germany's deposit guarantee scheme. The scheme applies to all deposit accounts made by individuals, companies. The bank participates in the Entschädigungseinrichtung deutscher Banken GmbH (EdB), making regular contributions into it.
Landesbank Hessen-Thüringen GZ is headquartered in Frankfurt Am Main.
Landesbank Hessen-Thüringen GZ has profiles at the following social networks: