NORD/LB

NORD/LB logo

NORD/LB (or Norddeutsche Landesbank) is a credit institution, one of the largest commercial banks in the country.

Owned by the federal states of Lower Saxony and Saxony-Anhalt, the bank has its headquarters in the cities of Hanover, Braunschweig, and Magdeburg (it has administrative buildings in all three cities).

Business Data

Balance Sheet Total: EUR 225 550 000 000
Employees: 7,539

Nord/LB was established in 1970 through the merger of the formerly independent financial institutions in Lower Saxony: Landesbank Girozentrale, Brunswick State Bank, including Brunswick Landessparkasse, Hannovarian Loan, and Lower Saxony Apartment Kreditanstalt city bank. The main business activities include ship financing, aircraft financing, project financing, renewable energy and infrastructure, the financing of commercial real estate (via its German subsidiary Deutsche Hypo), and corporate and retail banking.

Currently, the whole financial group includes the following companies:

  • Bremer Landesbank (54.83%)
  • German mortgage bank (100%)
  • Deutsche Hypothekenbank (100%)
  • Norddeutsche Landesbank Luxembourg (100%)
  • Öffentliche Versicherung Braunschweig (75%)
  • Öffentliche Versicherung Bremen (20%)
  • Nord/LB Asset Management
  • Nord Holding (15%)
  • LBS Norddeutsche Landesbausparkasse Berlin-Hannover (44%)
  • Toto-Lotto Niedersachsen (49,85%)
  • Bremer Toto and Lotto (33,33%)
  • International Neuroscience Institute (22,67%)
  • Porzellanmanufaktur Fürstenberg (98%)
  • KreditServices Nord (100%)
  • LHI Leasing GmbH (49%)

Head office location address

Friedrichswall 10,
30159 Hanover,
Germany

Contacts

Tel: +49 (0) 511361-0
Fax: +49 (0) 511361-2502

GIIN: EKLIT5.00000.LE.276

Banking codes

Bank code 250 500 00
BIC: NOLA DE2H XXX


Locations of bank's ATMs / branches