From its base in Hanover in Germany, Norb/LB is one of those banks that politicians like to talk about. Majority owned by the state, it provides low-cost funds for small and medium sized companies in Germany – the so-called Mittelstand. It also advances capital to international companies to boost its presence and profitability. With 1,600 employees and assets of €160 billion, it is one of the largest commercial banks in Germany. It is not a household name outside of its home geography, but it neither was it meant to be. In recent months, the financial institution has been making waves…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .