Norddeutsche Landesbank - Girozentrale -

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.

Financials

Norddeutsche Landesbank - Girozentrale - is the 11th largest bank in Germany in terms of total assets. In 2018 its total assets were 131,01 bln EUR, providing the bank with the market share of 1.84%. Norddeutsche Landesbank - Girozentrale - is the 4th largest landesbanken in Germany (out of 8 landesbanken) having market share of 15.19% amongst the banks of this category. In 2018 the bank's net income was -2 350,49 mln EUR.

Credit Ratings

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).

Deposit Guarantee

Norddeutsche Landesbank - Girozentrale - 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. Norddeutsche Landesbank - Girozentrale - is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Head of Group

 Norddeutsche Landesbank (Germany)

Contacts

Norddeutsche Landesbank - Girozentrale - is headquartered in Hannover.

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