LBS Landesbausparkasse Süd
in Germany 🇩🇪
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About LBS Landesbausparkasse Süd in Germany
LBS Landesbausparkasse Süd is Germany's largest public sector building and loan association, specializing in building savings contracts and residential mortgage financing across southern and southwestern Germany. Formed through the merger of LBS Südwest (Stuttgart) and LBS Bayern (Munich) on January 1, 2023, it serves three federal states: Baden-Württemberg, Bavaria, and Rhineland-Palatinate.
As of 2023, LBS Süd had total assets of approximately 38.07 billion EUR, making it Germany's 34th largest bank overall and the largest Landesbausparkasse, commanding a dominant 54.25% market share among German public building savings banks. The institution serves approximately 2.6 million customers with a combined building savings portfolio of nearly 164 billion EUR.