Landesbank Berlin Holding

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Landesbank Berlin AG

Formerly	Bankgesellschaft Berlin
Company type	Aktiengesellschaft
Industry	Commercial bank
Founded	December 19, 2005; 19 years ago (2005-12-19)
Headquarters	Berlin , Germany
Number of employees	3210
Parent	Deutscher Sparkassen- und Giroverband
Website	lbb.de

Landesbank Berlin Holding (formerly Bankgesellschaft Berlin; FWB: BEB2) is a large commercial bank based in Berlin, Germany. It is the holding company of the Berliner Sparkasse and Landesbank. In 2007, LBB was taken over by the Deutscher Sparkassen- und Giroverband (DSGV). Berlin was forced to sell its stake by the European Commission as a condition of permitting the bailout of the then Bankgesellschaft Berlin, which had gotten into difficulties due to a real-estate scandal. In 2010, a net profit of EUR 317 million was reported.^[1]

LBB has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.^[2]^[3]

References

[edit]

^ "Landesbank Berlin Holding reports annual results". bankingtimes.co.uk. 2011. Archived from the original on 6 October 2011. Retrieved 14 July 2011. €317m
^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.

External links

[edit]

Official website

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Germany	Bank of America Europe (USA) Bank of China (CHN) Berenberg Bank Commerzbank Deutsche Bank Deutsche Bundesbank DZ Bank Landesbank Baden-Württemberg Landesbank Hessen-Thüringen Swiss Euro Clearing Bank Standard Chartered UBS Europe Unicredit
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Luxembourg	Spuerkeess Banque Internationale à Luxembourg Gazprombank Luxembourg (RUS)
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Portugal	Banco BAI Europa (AGO) Banco BCP Banco Montepio Crédito Agrícola
Slovenia	Bank of Slovenia
Spain	Abanca BBVA Banco Cooperativo Español Banco Sabadell Banco Santander Bankinter CaixaBank Cecabank Ibercaja Banco Kutxabank Unicaja Banco
Sweden	Handelsbanken SEB Swedbank
United Kingdom	Barclays Citibank Europe (USA) HSBC Bank JPMorgan Chase Bank, London Branch (USA) Lloyds Bank MUFG Bank (JPN) NatWest Wells Fargo (USA)

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