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Landesbank Hessen-Thüringen
Trade name
Helaba
Company type
Institution incorporated under public law
Industry
Finance
Predecessor
Hessische Landes-Hypothekenbank Hessische Landesbank - Staatsbank Landeskommunalbank - Girozentrale für Hessen Landeskreditkasse zu Kassel
Founded
June 1, 1953
Defunct
1953
Headquarters
Frankfurt and Erfurt, Germany
Key people
Thomas Groß, CEO of Helaba
Total assets
€ 219,3 billion (2020)
Number of employees
app. 6000 (2021)
Website
www.helaba.com
Helaba, short for Landesbank Hessen-Thüringen, is a commercial bank with core regions in Hesse and Thuringia, Germany offering financial services to companies, banks, institutional investors and the public sector, both within Germany and internationally. At the same time, it is the central clearing institution and service provider for 40 percent of German savings banks. Helaba is an institution incorporated under public law. With approximately 6,300 employees and two headquarters in Frankfurt and Erfurt, the bank maintains branches in Düsseldorf and Kassel as well as offices in Berlin, Stuttgart, Munich and Muenster. On an international level, Helaba acts through branches and representative offices in Paris, London, New York, Madrid, Moscow, Shanghai, and Singapore. Frankfurter Sparkasse, the leading retail bank in the Rhine-Main region, is a wholly owned subsidiary of Helaba. The Helaba Group also comprises the online bank 1822direkt, LBS Hessen-Thüringen and WIBank. The latter implements development programmes of the State of Hesse. Further Helaba subsidiaries are Helaba Invest Kapitalanlagegesellschaft, Frankfurter Bankgesellschaft and the OFB Group (real estate development).
Helaba 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.[1][2]
^"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.
Helaba, short for Landesbank Hessen-Thüringen, is a commercial bank with core regions in Hesse and Thuringia, Germany offering financial services to companies...
estimates, the construction costs amount to 700 million euros. The State bank Helaba played a central role in the construction project of Elbtower. As became...
between 1973 and 1976 as the headquarters of Landesbank Hessen-Thüringen (Helaba) and was one of the first high-rise buildings in Frankfurt's financial district...
Authority’s acquisition of 8 Canada Square in Canary Wharf. That same year, Helaba’s leadership proposed a merger with Deka. In May 2019, both entered into...
result of the candidates for the position of deputy national chairman. Helaba, Alternate Member of the Supervisory Board SWE Stadtwerke Erfurt, Ex-Officio...
Helaba ended up not handing in a final offer and was therefore no longer part of the formal auction process, but talks between NORD/LB and Helaba stakeholders...
Frankfurt Stock Exchange, Deutsche Bank, DZ Bank, KfW, Commerzbank, DekaBank, Helaba, several cloud and fintech startups, and other institutes. Automotive, technology...
from New York Mellon Corp., Wells Fargo, Westdeutsche Immobilien Bank, and Helaba Bank. In the early 2000s, architect Bjarke Ingels met Durst when he was...
1996 and 1999, and serves as headquarters for Landesbank Hessen-Thüringen (Helaba). Other tenants are the German Offices of Merrill Lynch and Standard & Poor's...
Landesbank (BayernLB) in Munich, covering Bavaria Landesbank Hessen-Thüringen (Helaba) in Frankfurt and Erfurt, covering Brandenburg, Hesse, North Rhine-Westphalia...
skyline: Ed. Züblin AG leads construction of "central business tower" for Helaba". Züblin. 9 November 2021. Archived from the original on 26 April 2023....
largest banks in Germany, e.g. Deutsche Bank, DZ Bank, Commerzbank and Helaba, have their corporate headquarters here, as well as many representation...
(DVAG), Member of the Advisory Board Thüga, Member of the Supervisory Board Helaba, Ex-Officio Member of the Supervisory Board (-2012) German Cancer Research...
2018, German subsidiary Dexia Kommunalbank Deutschland (DKD) was sold to Helaba for €352 million. Dexia was a member of the BEL20 and CAC Next 20 indices...
20% Rheinischer Sparkassen- und Giroverband 3,74501 % BayernLB 3,74499 % Helaba 2,51 % HSH Nordbank WGZ Bank which was involved in the foundation had sold...
Commerzbank und Dresdner". Die Welt (in German). 27 July 2000. p. 11. "Helaba vermisst bei Dresdner und Commerzbank klares Profil". Financial Times Deutschland...
Mußler, Hanno; Preuß, Susanne (6 December 2023). "Signa-Insolvenz und die Helaba: Ihre Rolle beim Elbtower". FAZ.NET (in German). ISSN 0174-4909. Retrieved...
another organisation under the roof of Hessian and Thuringian Landesbank Helaba are dealing with the aftermath of the quasi bankruptcy and carrying on with...
remained Minister-President. Two years later Osswald resigned because of the Helaba-scandal. Holger Börner (SPD) was elected as his replacement. Expecting a...
Heine Prize, and in 2006, the Wilhelm Busch Prize. The state-owned bank Helaba is sponsoring an award named after Gernhardt. List of German painters Children...
Supervisory Board Messe Frankfurt, Ex-Officio Chairman of the Supervisory Board Helaba, Member of the Supervisory Board (-2015) Max Planck Institute for Brain...
Investitionskreditbank established in Saarbrücken 1953: Hessische Landesbank Girozentrale (Helaba) formed by merger of Landeskreditkasse Kassel, Nassauische Landesbank, and...
their respective state-owned banks, WestLB and Landesbank Hessen-Thüringen (Helaba). WestLB was eventually broken up in 2012 after years of losses and controversy...
Albert Osswald resigned after a financial scandal involving public bank Helaba and was replaced by Kassel's MdB Holger Börner, and the social-liberal coalition...