 | |
| Company type | Public bank |
|---|---|
| Industry | Finance and Insurance |
| Founded | 1972 |
| Headquarters | München, Germany |
| Products | Financial services |
| Website | www.bayernlb.de |
Bayerische Landesbank, also known as BayernLB, is a publicly regulated bank based in Munich, Germany and one of the six Landesbanken. It is 75% owned by the Free State of Bavaria (indirectly via BayernLB Holding AG) and 25% owned by the Sparkassenverband Bayern,[1] the umbrella organization of Bavarian Sparkassen. With a balance of €285,70 billion[2] and 7,703 employees (in the group; 3,343 in the bank itself), it is the seventh-largest financial institution in Germany.[3]
BayernLB has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[4][5]
- ^ "Brief Profile". www.bayernlb.com. Retrieved 2019-06-19.
- ^ "BayernLB erhöht Prognose für 2023". 9 November 2023.
- ^ "Key figures". www.bayernlb.com. Retrieved 2019-06-19.[permanent dead link]
- ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.