LANDESBANK BADEN WURTTEMBERG

LBBW Landesbank Baden-Württemberg is a both an universal bank and a commercial bank with a regional focus. Landesbank Baden-Württemberg is Germany's biggest Landesbank, with total assets of around EUR 274 billion (as at 31 December 2013) and a staff of approx. 11,300 within the Group. Its head offices are located in Stuttgart, Karlsruhe, Mannheim and Mainz. LBBW is guided by the needs of its domestic customers. Its three customer-driven banks - BW-Bank, Rheinland-Pfalz Bank and Sachsen... Bank - allow LBBW to offer the full array of business services provided by a large bank in around 200 branches across Germany, while also drawing on extensive regional roots. Within the state capital Stuttgart, BW-Bank fulfils the role of a municipal savings bank for LBBW. LBBW's business model is based on five pillars and comprises the following areas of business: corporate customers, private customers, savings banks, real estate financing and financial markets. BW-Bank, Sachsen Bank and Rheinland-Pfalz Bank as dependent institutions with their own market presence form the three strong regional pillars in the Group's business with private and corporate customers. LBBW moreover assists its corporate customers and the savings banks in their international operations. Branches and representative offices around the world provide support through their country expertise, market knowledge and finance solutions. In addition, LBBW has German Centres in Beijing, Singapore, Mexico City, Delhi.Gurgaon and Moscow, which provide advice to German corporate customers on market entry and make available offices and networks on site. Subsidiaries specializing in specific areas of business such as leasing, factoring, asset management, real estate or equity finance diversify and amplify LBBW's portfolio of services within the Group.More