Landesbank


In German-speaking jurisdictions, Landesbank,, refers to a category of public sector banks that are owned by one or more of the Länder. Institutions of this type exist in most German states, as well as Austria and Switzerland.

Austria-Hungary

In the Austro-Hungarian Empire under the rule of the Habsburg monarchy, Landesbanken were government-sponsored banks established in some of the kingdoms and lands of the crown: Landesbank des Königreichs Galizien und Lodomerien mit dem Grossherzogtum Krakau, est. 1883 in Lemberg for the Kingdom of Galicia and Lodomeria and the Grand Duchy of KrakówLandesbank des Königreiches Böhmen, est. 1890 in Prague for the Kingdom of BohemiaLandesbank für Bosnien und Herzegowina, est. 1895 in Sarajevo for Bosnia and Herzegovina under Austro-Hungarian ruleBukowinaer Landesbank, est. 1905 in Czernowitz for the Duchy of BukovinaKroatische Landesbank, est. 1909 in Esseg for the Kingdom of Croatia-SlavoniaKrainische Landesbank, est. 1912 in Laibach for the Duchy of Carniola
By contrast, Vienna's Länderbank and its short-lived affiliate the Ungarische Landesbank were private-sector initiatives. The name Landesbank also survives in regional entities of the cooperative Raiffeisen Group in Austria and, similarly, the Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige in the Italian region of South Tyrol.

Germany

The current Landesbanken are part of the Sparkassen-Finanzgruppe, one of the three pillars of Germany's banking system. Their business is predominantly wholesale banking, partly to serve local savings banks. With a few exceptions, Landesbanken and Sparkassen are chartered by national and state banking laws to pursue a public purpose. As of late 2022, they are:
Four other German institutions are named Landesbank without playing the role of the above five within the public sector:

Liechtenstein

The German name of the National Bank of Liechtenstein is Liechtensteinische Landesbank AG.