Company overview

Bayerische Landesbank (BayernLB) acts as a central bank in the state of Bavaria, providing financial services and asset management services to the public sector. In addition to its operations in the public sector, the bank also targets customers including commercial clients, corporate and institutional clients. BayernLB is jointly owned by the Association of Bavarian Savings Banks and the state of Bavaria. The group operates in Europe. It is headquartered in Munich, Germany, and employs 19,465 people.

The group recorded revenues of E3,784 million (approximately $5,567.6 million) in the fiscal year ended December 2008, an increase of 24.1% over 2007. The group's operating loss was E5,079 million (approximately $7,472.9 million) in fiscal 2008, as compared to the operating profit of E259 million (approximately $381.1 million) in 2007. Its net loss was E5,084 million (approximately $7,480.3 million) in fiscal 2008, as compared to net profit of E92 million (approximately $135.4 million) in 2007.

Key facts

No. employees: 19465

Turnover: 3,784,000,000 (EUR)

Financial year end: December

Summary

• Key facts
• Overview
• Business Description
• History
• Key Employees and Biographies
• Location and Subsidiaries
• Top Competitors
• Major Products and Services

SWOT Profiles

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