Company overview

Landesbank Baden-Wurttemberg (LBBW) is the fifth largest bank in Germany and among the 50 largest credit institutions worldwide. The company is engaged in retail and wholesale banking. It is also the central banking institution of the savings banks in Baden-Wurttemberg. LBBW is headquartered in Stuttgart, Germany and employs 13,646 people.

The group recorded revenues of E1,201 million ($1,767.1 million) during the financial year ended December 2008 (FY2008), a decrease of 47.5% over 2007. The operating loss of the group was E2,460 million ($3,619.5 million) in FY2008, compared to an operating profit of E345 million ($507.6 million) in 2007. The net loss was E2,031 million ($2,988.3 million) in FY2008, compared to a net profit of E318 million ($467.8 million) in 2007.

Key facts

No. employees: 13646

Turnover: 1,201,000,000 (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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