Norddeutsche Landesbank (NORD/LB)

Norddeutsche Landesbank (NORD/LB) is a German landesbank and one of the largest commercial banks in Germany. NORD/LB is the state bank for the federal states of Lower Saxony and Saxony-Anhalt. In these two federal states and in Mecklenburg-Western Pomerania the bank performs the functions of a central and clearing bank for the savings banks (Girozentrale). NORD/LB also operates branches in Hamburg, Düsseldorf and Schwerin as well as in London, New York, Shanghai and Singapore. The bank also has representative offices in Beijing, Mumbai and Moscow. Total assets: € 228.6 billion (as of September 30, 2011).

NORD/LB operates in the following segments: Private and Commercial Customers, Savings Bank Network, Financial Markets / Institutional Customers, Corporate Customers, Energy and Infrastructure Customers, Ship and Aircraft Customers, and Real Estate Banking Customers. The Bank employs nearly 7,000 people.

HQ: Hanover, Germany
Founded: 1765
ID: 1684. Updated: 29.03.2012