Landesbank

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Landesbank

One of several regionally organized banks owned by the German government. Landesbanken are wholesale banks; that is, they offer services to institutional investors, businesses (especially large businesses), other banks, and investment vehicles such as mutual funds or pensions.
References in periodicals archive ?
State-owned German landesbanks, such as LBBW, also were looking at the aviation and land portfolio, which primarily was focused on rail financing.
Securities and Exchange Commission, has affirmed the outstanding guaranteed Pfandbriefe issued by four Landesbanks at 'AAA' with Stable Outlook.
Raiffeisen Landesbank Oberoesterreich is one of the eight regional landesbanks that hold 90% of Raiffeisen Zentralbank, parent of RBI.
BANKING AND CREDIT NEWS-November 17, 2011--Moody's axes 12 German landesbanks on lower support likelihood(C)2011 M2 COMMUNICATIONS http://www.m2.com
M2 EQUITYBITES-November 17, 2011--Moody's axes 12 German landesbanks on lower support likelihood(C)2011 M2 COMMUNICATIONS http://www.m2.com
The stake is to be sold to the regional provincial Raiffeisen banks, or the Raiffeisen Landesbanks, which have first right to acquire the shares.
As the European Union is not expected to make a decision on the bailouts of German Landesbanks, a consolidation in the banking industry in Germany is expected to consequentially get delayed.
Such are the consequences of importing "toxic waste made in the U.S.A." by institutions such as IKB Deutsche Industriebank of Dusseldorf and several Landesbanks investing in high-yield structured financial products related to the U.S.
Frankfurt/London: Fitch Ratings has affirmed the outstanding guaranteed Pfandbriefe issued by four Landesbanks at 'AAA' with Stable Outlook.
The savings banks have already agreed with the local state-owned wholesale lenders, or landesbanks, to take their 50% shareholding in Dekabank, Handelsblatt said.
The German government is continuing to urge landesbanks to merge.
23 July 2010 - Germany's landesbanks have not failed the stress test the Committee of European Banking Supervisors (CEBS) is subjecting lenders EU-wide, Germany daily Frankurter Allgemeine Zeitung said.
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