Norddeutsche Landesbank
| Company type | Public-law institution |
|---|---|
| Industry | Banking |
| Founded | July 1, 1970 |
| Headquarters | Hanover, Germany |
Key people | Jörg Frischholz (CEO) Reinhold Hilbers (Chairman of the Supervisory Board) |
| Products | Financial services |
| 85,116,142.95 euro (2017) | |
| Total assets | € 160 billion (2018) |
Number of employees | 6,453 (2017) |
| Website | www.nordlb.com |
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.
NORD/LB 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.