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).
Landesbank Hessen-Thüringen GZ is the 10th largest bank in Germany in terms of total assets. In 2018 its total assets were 138,11 bln EUR, providing the bank with the market share of 1.94%. Landesbank Hessen-Thüringen GZ is the 3rd largest landesbanken in Germany (out of 8 landesbanken) having market share of 16.02% amongst the banks of this category. In 2018 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 the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. Landesbank Hessen-Thüringen GZ is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
Landesbank Hessen-Thüringen GZ is headquartered in Frankfurt Am Main.