Norddeutsche Landesbank

The Norddeutsche Landesbank Girozentrale (abbreviated NORD/LB) is a German Landesbank and one of the largest commercial banks in Germany. It is a public corporation majority-owned by the federal states of Lower Saxony and Saxony-Anhalt with its head office in Hanover and branches in Braunschweig and Magdeburg. Regional Sparkassen hold a minority stake of 35 percent.[2]

Norddeutsche Landesbank Girozentrale
TypePublic-law institution
FoundedJuly 1, 1970
HeadquartersHanover, Germany
Key people
Thomas Bürkle (CEO)
Reinhold Hilbers (Chairman of the Supervisory Board)
ProductsFinancial services
85,116,142.95 euro (2017) 
Total assets € 160 billion (2018)[1]
Number of employees
6,453 (2017)