Landesbank Hessen-Thüringen GZ

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Landesbank Hessen-Thüringen Girozentrale Logo

Address

Neue Mainzer Straße 52-58 (MAIN TOWER), 60311, Frankfurt am Main, Germany

BIC

HELADEFFXXX

Overview

Category

Landesbanken

Business Focus

regional universal banking

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).

Performance

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%.

Deposit Protection

Deposits up to 100,000 EUR are covered by German deposit guarantee scheme in Landesbank Hessen-Thüringen GZ.

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Landesbank Hessen-Thüringen GZ delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Landesbank Hessen-Thüringen GZ
Net_income of Landesbank Hessen-Thüringen GZ
Market Share of Landesbank Hessen-Thüringen GZ
Total Assets (2023)
181.53 bln EUR   (+5.51%)
Net Income (2023)
198.00 mln EUR   (-24.71%)

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.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

Deposit Guarantee

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

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.

See Also

Contacts

addressNeue Mainzer Straße 52-58 (MAIN TOWER), 60311, Frankfurt am Main, Germany
phone69 913 201
fax69 291 517

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

Social Networks

Landesbank Hessen-Thüringen GZ has profiles at the following social networks:

See Also

Bank Identifiers

BIC (SWIFT)
HELADEFFXXX
LEI
DIZES5CFO5K3I5R58746
MFI ID
DE00319
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