Bayerische Landesbank

Bayerische Landesbank (BayernLB; Bavarian State Bank) 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 €220 billion and 7,703 employees (in the group; 3,343 in the bank itself), it is the seventh-largest financial institution in Germany.[2]

Bayerische Landesbank
TypePrivate
IndustryFinance and Insurance
Founded1972
HeadquartersMünchen, Germany
ProductsFinancial services
Websitewww.bayernlb.de