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Landesbanks face new dawn

Headline: Landesbanks face new dawnSource: EuromoneyDate: August 2001Author: Anja Helk         West LB: keen to attract new capital The unthinkable became true when the German government agreed to the demands of the European Commission to abolish state support for Landesbanks and savings banks last month. German private banks were quick to announce […]

January 1, 2000

Headline: Landesbanks face new dawn
Source: Euromoney
Date: August 2001
Author: Anja Helk

       
West LB: keen to attract new capital
The unthinkable became true when the German government agreed to the demands of the European Commission to abolish state support for Landesbanks and savings banks last month.

German private banks were quick to announce their interest in taking over some of the 562 savings banks, which have a market share of around 50% – the highest share of public banks world wide.






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