LBS NordWest
in Germany 🇩🇪
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About LBS NordWest in Germany
LBS NordWest (formally LBS Landesbausparkasse NordWest) is a German public sector building and loan association specializing in building savings contracts and residential mortgage financing. Formed through the merger of LBS Norddeutsche Landesbausparkasse (LBS Nord) and Westdeutsche Landesbausparkasse (LBS West) on January 1, 2023, it serves northwestern Germany including North Rhine-Westphalia, Bremen, and Lower Saxony.
As of 2023, LBS NordWest had total assets of approximately 21.96 billion EUR, making it Germany's 49th largest bank overall and the 2nd largest public sector building and loan association, commanding 31.29% market share among German Landesbausparkassen.