Landeskreditbank Baden-Württemberg - Förderbank -

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Business Focus
regional development banking

Landeskreditbank Baden-Württemberg (L-Bank) is a state-owned regional bank supporting economy, municipalities and local residents of the land of Baden-Württemberg.

Financials

Total Assets (2017)
70,669.98 mln EUR  (-5.87%)
Net Income (2017)
50.80 mln EUR  (+1.18%)

Landeskreditbank Baden-Württemberg - Förderbank - is the 17th largest bank in Germany in terms of total assets. In 2017 its total assets were 70 669,98 mln EUR, providing the bank with the market share of 1.03%. In 2017 the bank's net income was 50,80 mln EUR.

Credit Ratings

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

Landeskreditbank Baden-Württemberg - Förderbank - is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AAA (highest credit quality). Long-term credit rating assigned to the bank by Moody's is Aaa (prime).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Entschädigungseinrichtung des Bundesverbandes Öffentlicher Banken GmbH (EdOe)
Covered Depositors
individuals
companies
Covered Accounts
all deposit accounts

Landeskreditbank Baden-Württemberg - Förderbank - 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. Landeskreditbank Baden-Württemberg - Förderbank - is a member of Entschädigungseinrichtung des Bundesverbandes Öffentlicher Banken GmbH (EdOe) and makes its contributions into it.

Contacts

Schloßplatz 10, 76131, Karlsruhe, Germany

Landeskreditbank Baden-Württemberg - Förderbank - is headquartered in Karlsruhe.

Bank Identifiers

BIC (SWIFT)
LKBWDE6KXXX
LEI
0SK1ILSPWNVBNQWU0W18
MFI ID
DE05695