NORD/LB Norddeutsche Landesbank Girozentrale

Germany EEA Member

NORD/LB is a commercial bank, Landesbank (federal state bank) and central bank for the savings banks based in Hanover, in the heart of North Germany with total assets worth € 115 bn and roughly 4 400 employees. In its role as a commercial bank with a primary business policy focused on its home region, NORD/LB offers its private, corporate and institutional customers and the public sector a wide range of financial services. This takes place in the area of competing interests between regional anchoring, personal customer contact and their activity in the global markets. As the Landesbank, NORD/LB supports its executing agencies in Lower Saxony and Saxony-Anhalt in the procurement of its financial transactions. NORD/LB acts as a central savings bank in Lower Saxony, Saxony-Anhalt and Mecklenburg-Western Pomerania. It also offers all services for savings banks in other German federal states such as Schleswig-Holstein. NORD/LB’s business model and its strategic business areas reflect its functions as a parent company, Landesbank (federal state bank), central savings bank and commercial bank. These can be broken down as follows: • Private and Commercial Customers & Savings Bank Network Division • Corporate customers • Markets • Special financing (energy & infrastructure customers and aviation finance & investment solutions (AFIS)) • Real estate customers (formerly Deutsche Hypo)

Pool Program details

Identifier NORD/LB - Public Sector
Country Germany
Shortcut: legal framework Pfandbriefe
Harmonised transparency template
Pool type Public sector

Bond details

Other identifier
Face value (EUR) 28,500,000
Initial Issuance Date 16/01/2023
Maturity Date 15/07/2027
EU Label European Covered Bond (Premium)
Maturity profile HB
Tapped No
Coupon Type Fixed
Syndicated No
Listed Yes
Additional Information