Landesbank Hessen-Thüringen GZ

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).

Bank Category

Landesbanken

Financials

Total Assets (2017)
133.25 bln EUR  (-2.58%)
Net Income (2017)
90.00 mln EUR  (+99 900.00%)

In 2017 total assets of Landesbank Hessen-Thüringen GZ were 133,25 bln EUR. In 2017 the bank's net income was 90,00 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 participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Neue Mainzer Straße 52 - 58 (MAIN TOWER), 60311, Frankfurt am Main, Germany
69 913 201
69 291 517

Landesbank Hessen-Thüringen GZ is headquartered in Frankfurt Am Main.

Bank Identifiers

BIC (SWIFT)
HELADEFFXXX
MFI ID
DE00319

Financial Positions

Total Assets (2017)
133.25 bln EUR  (-2.58%)

In 2017 total assets of Landesbank Hessen-Thüringen GZ were 133.25 bln EUR. Decline compared to the previous period (2016) was -2.58%. The evolution of the total assets of Landesbank Hessen-Thüringen GZ is shown at Chart 1 below.

Total Assets of Landesbank Hessen-Thüringen GZ.

Chart 1. Total Assets of Landesbank Hessen-Thüringen GZ.

Profit and Loss

Net Income (2017)
90.00 mln EUR  (+99 900.00%)

In 2017 net income of Landesbank Hessen-Thüringen GZ was 90.00 mln EUR. Growth compared to the previous period (2016) was 99 900.00%. The evolution of the net income of Landesbank Hessen-Thüringen GZ is shown at Chart 2 below.

Net Income of Landesbank Hessen-Thüringen GZ.

Chart 2. Net Income of Landesbank Hessen-Thüringen GZ.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
11th (market share 1.93%)

In 2016 Landesbank Hessen-Thüringen GZ was ranked the 11th largest bank in Germany in terms of total assets, having 1.93% of the domestic market share.

Market share of Landesbank Hessen-Thüringen GZ (among banks in Germany)

Chart 3. Market share of Landesbank Hessen-Thüringen GZ (among banks in Germany)

Several banks having the market shares and ranks closest to Landesbank Hessen-Thüringen GZ are shown below.

RankNameTotal AssetsMarket Share
10 NRW.BANK142065.68 mln EUR2.01%
11 Landesbank Hessen-Thüringen GZ136787.96 mln EUR1.93%
12 Deutsche Postbank AG (closed)126755.00 mln EUR1.79%
 

Market Share and Rank (among Landesbanken in Germany)

Total Assets (2016)
3rd (market share 15.19%)

In 2016 Landesbank Hessen-Thüringen GZ was ranked the 3rd largest landesbanken in Germany in terms of total assets, having 15.19% of the category's market share.

Market share of Landesbank Hessen-Thüringen GZ (among Landesbanken in Germany)

Chart 4. Market share of Landesbank Hessen-Thüringen GZ (among Landesbanken in Germany)

Several landesbanken having the market shares and ranks closest to Landesbank Hessen-Thüringen GZ are shown below.

RankNameTotal AssetsMarket Share
2 Bayerische Landesbank212150.00 mln EUR23.56%
3 Landesbank Hessen-Thüringen GZ136787.96 mln EUR15.19%
4 Norddeutsche Landesbank -Girozentrale-122998.11 mln EUR13.66%
 

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 Hessen-Thüringen GZ is rated by Fitch and Moody's.

Credit ratings assigned to Landesbank Hessen-Thüringen GZ 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 Hessen-Thüringen GZ 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 Hessen-Thüringen GZ 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  -
Support Rating  WD
Support Rating Floor  -

Viability rating for Landesbank Hessen-Thüringen GZ is not set support rating is WD; support rating floor is not set.

Moody's

Long-term rating for Landesbank Hessen-Thüringen GZ 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 Hessen-Thüringen GZ 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 Hessen-Thüringen GZ 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 Hessen-Thüringen GZ and its components are shown in the table below.

BIC  HELADEFFXXX
Bank BIC Code  HELA
Country Code  DE (Germany)
Location Code  FF
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 Hessen-Thüringen GZ is shown in the table below.

MFI ID  DE00319

European Presence: 6 banks in 6 countries

Landesbank Hessen-Thüringen GZ operates under the brand name Landesbank Hessen Thuringen. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

France

Germany

  •  (this bank) Landesbank Hessen-Thüringen GZ (Frankfurt am Main)

Ireland

Sweden

United Kingdom

Defunct Banks: 1 bank in 1 country

The following banks operating under Landesbank Hessen Thuringen brand name has been recently closed down:

Ireland