Helaba short for Hessische Landesbank (also: Landesbank Hessen-Thüringen)

Landesbank Hessen-Thüringen (Helaba) is a commercial bank with core regions in Hesse and Thuringia, Germany. It is the group bank for savings banks, Landesbank and public sector banks located in the two federal states and their municipalities, as well as a commercial bank with orientation to wholesale customer business. Helaba is an institution incorporated under public law. With approximately 6,000 employees, the Helaba Group is one of the larger German Landesbanks. Its two head offices are in Frankfurt and Erfurt. The bank has branches in Kassel (Landeskreditkasse zu Kassel), New York, London, Paris and Dublin and is also present with representative offices in Madrid, Moscow and Shanghai. Belonging to the Helaba Group are the subsidiaries, Helaba Invest Kapitalanlagegesellschaft, Frankfurter Bankgesellschaft and the OFB Group, which is active in real estate project development.

The business field “Wholesale customer business” comprises financial services for enterprises, banks and institutional investors. In the business field of “private customers and small and medium-sized enterprise (SMEs)”, through its S-Group Bank, Helaba provides services for the S-Group savings banks in Hesse and Thuringia. Since the acquisition of Frankfurter Sparkasse, the Helaba Group is the regional market leader in retail banking. At the same time, with 1822direkt, it has an online bank. In the framework of “public development and infrastructure business”, Helaba serves the development support programmes of the regional state of Hesse and participates in the development institutions and agencies in Hesse and Thuringia. With GWH, one of Hesse’s biggest housing corporations also belongs to the Helaba Group.