'bank of the Land', refers to a category of public sector banks that are owned by one or more of the Länder (federated internally self-governing states).
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:[1] By contrast, Vienna's Länderbank (est.
The current Landesbanken are part of the Sparkassen-Finanzgruppe, one of the three pillars of Germany's banking system.
With a few exceptions, Landesbanken and Sparkassen are chartered by national and state banking laws to pursue a public purpose (German: öffentlicher Auftrag).
[3] 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: The German name of the National Bank of Liechtenstein is Liechtensteinische Landesbank AG.