L-Bank

L-Bank (complete name Landeskreditbank Baden-Württemberg – Förderbank –) is the regional Förderbank for the German state of Baden-Württemberg.

[1] In 1988, Landeskreditbank Baden-Württemberg spun off its development finance operations as Landeskreditbank Baden-Württemberg – Förderbank, branded L-Bank, before merging the next year with Südwestdeutsche Landesbank Girozentrale [de] to form Landesbank Baden-Württemberg (LBBW).

[3] In 2017, L-Bank lost a lawsuit in which it had argued that it should not have been brought under European Banking Supervision.

[4] Subsequent EU legislative changes, however, exempted all German Förderbanken from European-level supervision.

Together with other Förderbanken and the more commercially oriented Landesbanken, L-Bank is a member of the Association of German Public Banks (VÖB).