Norddeutsche Landesbank (NORD/LB) is a universal German bank, focused on providing financial services to private, corporate and institutional customers as well as public sector customers in the Northern Germany. NORD/LB conducts selected activities globally and is represented in important trading centres through its branches and representative offices.
Norddeutsche Landesbank - Girozentrale - is the 11th largest bank in Germany in terms of total assets. In 2017 its total assets were 138,40 bln EUR, providing the bank with the market share of 2.02%. Norddeutsche Landesbank - Girozentrale - is the 3rd largest landesbanken in Germany (out of 8 landesbanken) having market share of 15.95% amongst the banks of this category. In 2017 the bank's net income was 85,12 mln EUR.
Norddeutsche Landesbank - Girozentrale - 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 Baa2 (lower medium grade).
Norddeutsche Landesbank - Girozentrale - participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Norddeutsche Landesbank (Germany)Norddeutsche Landesbank - Girozentrale - is headquartered in Hannover.
