Landwirtschaftliche Rentenbank

Landwirtschaftliche Rentenbank is a German development agency for agribusiness. Rentenbank is focused on granting standard promotional loans and special promotional loans at particularly favourable interest rates for agribusiness and rural areas.

Financials

Total Assets (2017)
90 785.20 mln EUR  (+5.26%)
Net Income (2017)
15.30 mln EUR  (+3.38%)

In 2017 total assets of Landwirtschaftliche Rentenbank were 90 785,20 mln EUR. In 2017 the bank's net income was 15,30 mln EUR.

Landwirtschaftliche Rentenbank 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).

Landwirtschaftliche Rentenbank participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Hochstraße 2, 60313, Frankfurt am Main, Germany
10 14 45

Landwirtschaftliche Rentenbank is headquartered in Frankfurt Am Main.

Bank Identifiers

BIC (SWIFT)
LAREDEFFXXX
MFI ID
DE03468

Financial Positions

Total Assets (2017)
90 785.20 mln EUR  (+5.26%)

In 2017 total assets of Landwirtschaftliche Rentenbank were 90 785.20 mln EUR. Growth compared to the previous period (2016) was 5.26%. The evolution of the total assets of Landwirtschaftliche Rentenbank is shown at Chart 1 below.

Total Assets of Landwirtschaftliche Rentenbank.

Chart 1. Total Assets of Landwirtschaftliche Rentenbank.

Profit and Loss

Net Income (2017)
15.30 mln EUR  (+3.38%)

In 2017 net income of Landwirtschaftliche Rentenbank was 15.30 mln EUR. Growth compared to the previous period (2016) was 3.38%. The evolution of the net income of Landwirtschaftliche Rentenbank is shown at Chart 2 below.

Net Income of Landwirtschaftliche Rentenbank.

Chart 2. Net Income of Landwirtschaftliche Rentenbank.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
14th (market share 1.22%)

In 2016 Landwirtschaftliche Rentenbank was ranked the 14th largest bank in Germany in terms of total assets, having 1.22% of the domestic market share.

Market share of Landwirtschaftliche Rentenbank (among banks in Germany)

Chart 3. Market share of Landwirtschaftliche Rentenbank (among banks in Germany)

Several banks having the market shares and ranks closest to Landwirtschaftliche Rentenbank are shown below.

RankNameTotal AssetsMarket Share
13 Norddeutsche Landesbank -Girozentrale-122998.11 mln EUR1.74%
14 Landwirtschaftliche Rentenbank86251.90 mln EUR1.22%
15 DekaBank Deutsche Girozentrale84536.79 mln EUR1.19%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AAA (highest credit quality) Aaa (prime)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Landwirtschaftliche Rentenbank is rated by Fitch and Moody's.

Credit ratings assigned to Landwirtschaftliche Rentenbank 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 Landwirtschaftliche Rentenbank it is set to AAA (highest credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Landwirtschaftliche Rentenbank is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AAA
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  1
Support Rating Floor  AAA

Viability rating for Landwirtschaftliche Rentenbank is not set support rating is 1 (extremely high probability of external support); support rating floor is AAA (highest credit quality).

Moody's

Long-term rating for Landwirtschaftliche Rentenbank it is set to Aaa (prime). Long-term bank deposit rating is Aaa (prime). Baseline credit assessment is not set. Short-term rating is not assigned.

Long-Term Rating  Aaa
Long-Term Bank Deposit Rating  Aaa
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Landwirtschaftliche Rentenbank 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 Landwirtschaftliche Rentenbank 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 Landwirtschaftliche Rentenbank and its components are shown in the table below.

BIC  LAREDEFFXXX
Bank BIC Code  LARE
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 Landwirtschaftliche Rentenbank is shown in the table below.

MFI ID  DE03468