Oldenburgische Landesbank AG (OLB) is a private financial institution from north-west Germany that serves its customers under the two renowned brands OLB Bank and Bankhaus Neelmeyer throughout Germany and in selected neighbouring European countries.

[2] Currently, OLB operates 40 branches in north-west Germany, including 16 competence centres serving as anchor points for personal customer relationship management and regional advisory services, plus about 40 worksite-branches throughout Germany following the merger of Degussa Bank.

The bank bundled its advisory services at larger locations, which led to smaller branches being closed or converted to self-service branches, while at the same time OLB is also continuing to expand its business across Germany via digital channels, platforms and partners.

[3] On 23 June 2017, Bremer Kreditbank AG acquired a majority stake in OLB from Allianz.

[4] OLB’s shares are largely held by shareholders associated with Teacher Retirement System of Texas, the private equity firm Apollo.