Back Landesbank Hessen-Thüringen German Helaba Spanish هلابا Persian Helaba French Helaba KSH Landesbank Hessen-Thüringen Dutch Helaba NN Landesbank Hessen-Thüringen Polish Helaba Portuguese Landesbank Helaba SIMPLE
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| 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 |
| 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.