---
title: "Lbs Landesbausparkasse Sued SWIFT/BIC code LBLBDES1XXX · Germany | Elucidate"
description: "Significant institution directly supervised by the ECB. SWIFT/BIC code LBLBDES1XXX for Lbs Landesbausparkasse Sued, Germany. Head-office BIC."
url: https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1
---
1. [Directory](https://elucidate.co/directory)
2. [Germany](https://elucidate.co/directory/country/de)
3. Lbs Landesbausparkasse Sued
Germany · Credit institution
# Lbs Landesbausparkasse Sued
Legal name in the LEI record LBS Landesbausparkasse Süd
LBS Landesbausparkasse Süd is a public-law institution (rechtsfähige Anstalt des öffentlichen Rechts) with seats in Stuttgart and Munich. Its shareholders are the Sparkassenverband Baden-Württemberg (51.2%), LBS Beteiligungsgesellschaft mbH & Co. KG (41.5%) and the Sparkassenverband Rheinland-Pfalz (7.3%). As the building society (Bausparkasse) of the savings banks in Baden-Württemberg, Bavaria and Rhineland-Palatinate, it takes building-savings deposits and makes residential property loans. It was formed by the merger of LBS Südwest and LBS Bayern, which took legal effect in August 2023, backdated to 1 January 2023.
ECB · Single Supervisory Mechanism
Directly supervised by the ECB
Total assets EUR 30–50 bn
Supervised group head
BIC **LBLBDES1XXX** LEI **[529900FU4WJ2XT7BVE31](https://search.gleif.org/#/record/529900FU4WJ2XT7BVE31)** Licence no. **Not on a tracked register** Passive participant (no connection) [ECB significant institution](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#regulatory) Head-office BIC only [**3** correspondent accounts](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#correspondents) [Claim this profile](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see [Regulatory status](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#regulatory)): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Regulatory status
### ECB banking supervision
List of supervised entities as of 2026-07-01
- **Classification:** Significant institution
- **Supervisor:** European Central Bank (direct supervision)
- **Listed as:** LBS Landesbausparkasse Süd
- **Entity type:** Credit institution
- **Supervisory group:** Heads its own group
- **Why significant:** Size (Total assets EUR 30-50 bn)
## European registers
### ECB · monetary financial institutions
List as at 2026-09-25
- **Category:** Credit institution
- **Minimum reserves:** Subject to minimum reserves
- **Listed as:** LBS Landesbausparkasse Süd
- **RIAD code:** DE07806
### ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
| --- | --- | --- | --- |
| Investment services (MiFID II) | Federal Financial Supervisory Authority (BaFin) | 1973-01-01 | A3 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** LBLBDES1XXX head office
- **Connection to Swift:** Passive participant (no connection)
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **Other BIC with this LEI:** [LBBLFR21](https://elucidate.co/directory/lbs-landesbausparkasse-baden-wurttemberg-lbblfr21)
- **BIC first registered:** 2012-11-03
- **Last updated:** 2020-04-08
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#overview-sources)
Total assets
EUR 37.8bn
This entity · 31 Dec 2025 · [annual report ↗](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
Employees
1,268
FTE · This entity · 31 Dec 2025 · [annual report ↗](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
Ownership
Group subsidiary
51.2% Sparkassenverband Baden-Württemberg
Institution type
Credit union / building society
Trades as LBS Süd
- **Standing:** The bank was formed when LBS Landesbausparkasse Südwest and LBS Bayerische Landesbausparkasse merged. The merger took legal effect in August 2023, backdated to 1 January 2023. The LEI record also lists the name LBS Landesbausparkasse Südwest.
- **Ownership:** The Sparkassenverband Baden-Württemberg holds 51.2%, LBS Beteiligungsgesellschaft mbH & Co. KG (owned by Bavarian savings banks) holds 41.5% and the Sparkassenverband Rheinland-Pfalz holds 7.3%.
- **Direct parent:** Sparkassenverband Baden-Württemberg, Germany 51.2%
- **Major shareholders:** LBS Beteiligungsgesellschaft mbH & Co. KG 41.5% · 31 Dec 2025 Sparkassenverband Rheinland-Pfalz 7.3% · 31 Dec 2025
- **Head office:** Jägerstraße 36, 70174 Stuttgart, Germany (registered office: Dual seat: Jägerstraße 36, 70174 Stuttgart and Arnulfstraße 50, 80335 München, Germany)
- **Company register:** HRA 12924, Amtsgericht Stuttgart
- **Former name:** LBS Landesbausparkasse Südwest
### Business lines
- Mortgage lending
- Retail banking
- Other
The bank's core activities are building-savings contracts (Bausparen) and residential property finance, sold mainly through savings banks and its own field sales force, with real estate brokerage and property management offered through subsidiaries.
### Online
- **Websites & references:** [lbs.de ↗](https://www.lbs.de/)
- **Official social accounts:** [Facebook ↗](https://www.facebook.com/lbsbausparkasse) · [Instagram ↗](https://www.instagram.com/lbsbausparen/) · [YouTube ↗](https://www.youtube.com/@lbs.deinzuhause) · [TikTok ↗](https://www.tiktok.com/@lbsbausparen)
Sources · 11 pages consulted
1. [lbs.de/impressum/impressum-sued](https://www.lbs.de/impressum/impressum-sued)
2. [lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand)
3. [lbs.de/api/download/7198/LBS-S%C3%BCd\_Geschaeftsbericht\_2025\_web.pdf?hash=LBS\_Sued\_Geschaeftsber](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
4. [lbs.de/unternehmen/bausparkassen/lbs-sued](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued)
5. [lbs.de/unternehmen/bausparkassen/lbs-sued/portraet](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/portraet)
6. [lbs.de/unternehmen/bausparkassen/lbs-sued/unternehmensberichte](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/unternehmensberichte)
7. [lbs.de/api/download/7058/01\_Zahlenspiegel%20202512.pdf?hash=01\_Zahlenspiegel\_202512\_4c13acb67c](https://www.lbs.de/api/download/7058/01_Zahlenspiegel%20202512.pdf?hash=01_Zahlenspiegel_202512_4c13acb67c)
8. [sv-bw.de/presse/pressemitteilungen/lbs-sued-nachfolge](https://www.sv-bw.de/presse/pressemitteilungen/lbs-sued-nachfolge)
9. [sparkassenverband-bayern.de/Presse/Pressemitteilungen/2023/Fusion-zur-LBS-Sued](https://sparkassenverband-bayern.de/Presse/Pressemitteilungen/2023/Fusion-zur-LBS-Sued)
10. [vzbv.de/urteile/urteile-jahresentgelte-von-bausparkassen-sind-unzulaessig](https://www.vzbv.de/urteile/urteile-jahresentgelte-von-bausparkassen-sind-unzulaessig)
11. [verbraucherzentrale.de/wissen/geld-versicherungen/bau-und-immobilienfinanzierung/bausparkassenentgelte-unzulaess](https://www.verbraucherzentrale.de/wissen/geld-versicherungen/bau-und-immobilienfinanzierung/bausparkassenentgelte-unzulaessig-so-fordern-sie-kontogebuehren-zurueck-10855)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#overview-sources)
- **Chief executive:**  Stefan Siebert Vorsitzender des Vorstands (Chairman of the Management Board) Confirmed 29 Sep 2026 · [lbs.de ↗](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand)
- **Chair:** Dr. Matthias Neth Vorsitzender des Verwaltungsrats (Chairman of the Administrative Board) Confirmed 25 Jun 2026 · [lbs.de ↗](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
- **Executive:**  Erwin Bumberger Stellvertretender Vorsitzender des Vorstands (Deputy Chairman of the Management Board) Confirmed 29 Sep 2026 · [lbs.de ↗](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand)
- **Executive:**  Gerhard Grebler Mitglied des Vorstands (Member of the Management Board; regulatory affairs, risk management, legal and compliance) Confirmed 29 Sep 2026 · [lbs.de ↗](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#overview-sources)
- **European Union:** European Central Bank Prudential supervisor
- **Germany:** Federal Financial Supervisory Authority (BaFin) Prudential supervisor Conduct AML supervisor Resolution
- **Germany:** Deutsche Bundesbank Central bank Prudential supervisor
- **European Union:** Single Resolution Board Resolution
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#overview-sources)
1. Jun 2026
Leadership
The administrative board appointed Hubertus Endres to the management board, first as general representative, to succeed chief executive Stefan Siebert in early 2029.
[sv-bw.de ↗](https://www.sv-bw.de/presse/pressemitteilungen/lbs-sued-nachfolge)
2. May 2026
Other
The Higher Regional Court of Munich ruled an annual account fee clause invalid in a lawsuit by the Federation of German Consumer Organisations. The judgment was not final.
[vzbv.de ↗](https://www.vzbv.de/urteile/urteile-jahresentgelte-von-bausparkassen-sind-unzulaessig)
3. Sep 2025
Other
The bank merged the building-savings portfolios of its two predecessor institutions into a single core banking system.
[lbs.de ↗](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
4. Jan 2025
Licence
The European Central Bank began supervising the bank directly as a significant institution under the Single Supervisory Mechanism.
[lbs.de ↗](https://www.lbs.de/api/download/7198/LBS-S%C3%BCd_Geschaeftsbericht_2025_web.pdf?hash=LBS_Sued_Geschaeftsbericht_2025_web_32176b14c3)
5. Mar 2024
Other
The Higher Regional Court of Stuttgart ruled in a final judgment that annual fees of EUR 9, 15 or 18 charged by LBS Südwest were invalid.
[verbraucherzentrale.de ↗](https://www.verbraucherzentrale.de/wissen/geld-versicherungen/bau-und-immobilienfinanzierung/bausparkassenentgelte-unzulaessig-so-fordern-sie-kontogebuehren-zurueck-10855)
6. Aug 2023
Merger / acquisition
After approval by the European Central Bank, LBS Südwest and LBS Bayern merged to form LBS Landesbausparkasse Süd.
[sparkassenverband-bayern.de ↗](https://sparkassenverband-bayern.de/Presse/Pressemitteilungen/2023/Fusion-zur-LBS-Sued)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** LBLBDES1XXX
- **How the BIC breaks down:** 1. LBLB Bank 2. DE Country · Germany 3. S1 Location · passive 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 529900FU4WJ2XT7BVE31
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/529900FU4WJ2XT7BVE31)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Credit institution
- **Regulation:** Prudentially supervised (ECB list)
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** Germany · Europe & Central Asia
- **Banking supervision:** [Significant · supervised by the ECB](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#regulatory) as of 2026-07-01
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
## Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
## Addresses
- **Registered address:** JAEGERSTRASSE 36 STUTTGART 70174 GERMANY
- **Operational address:** JAEGERSTRASSE 36 STUTTGART 70174 STUTTGART GERMANY
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Debtor agent, creditor agent or an intermediary agent
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
LBLBDES1XXX
529900FU4WJ2XT7BVE31
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
LBLBDES1XXX
529900FU4WJ2XT7BVE31
LBS LANDESBAUSPARKASSE SUED
STUTTGART
DE
JAEGERSTRASSE 36 STUTTGART 70174
```
This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Correspondent banking
The bank publishes 3 accounts at other banks.
### Correspondent accounts
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdes1#overview-sources)
3 accounts at other banks, as the bank publishes them: [lbs.de ↗](https://www.lbs.de/impressum/impressum-sued) dated 13 Oct 2025
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
| --- | --- | --- | --- | --- | --- |
| — | [Landesbank Baden-Württemberg](https://elucidate.co/directory/landesbank-baden-wuerttemberg-soladest) Germany | SOLADEST600 | DE49 6005 0101 0001 3649 34 | Customer payments, Baden-Württemberg | Matches the Swift directory |
| — | [Bayerische Landesbank](https://elucidate.co/directory/bayerische-landesbank-muenchen-bylademm) Germany | BYLADEMM | DE45 7005 0000 0000 0868 01 | Customer payments, Bavaria | Matches the Swift directory |
| — | [Landesbank Baden-Württemberg](https://elucidate.co/directory/landesbank-baden-wuerttemberg-soladest) Germany | SOLADEST600 | DE94 6005 0101 7401 5559 13 | Customer payments, Rhineland-Palatinate | Matches the Swift directory |
The legal notice lists three bank accounts in LBS Süd's name, one for each market region. They are customer payment accounts, not a formal SSI list. No currency is stated; the German IBANs suggest EUR. All 3 rows were extracted. The 2025 annual report says the main payment accounts are held at LBBW and BayernLB. No separate correspondent-bank or SSI page was found on lbs.de. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
## Related institutions
### Same legal entity
- [Lbs Landesbausparkasse Baden- Wurttemberg BIC LBBLFR21 Credit institution Prudential licence France · On the ECB list of supervised entities · LEI 529900FU4WJ2XT7BVE31](https://elucidate.co/directory/lbs-landesbausparkasse-baden-wurttemberg-lbblfr21)
Other BICs mapped to the same LEI.
### Same name, different BIC
- [Lbs Landesbausparkasse Sued BIC LBLBDEST Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/lbs-landesbausparkasse-sued-lblbdest)
### Largest institutions in Germany
- [DZ Bank AG, Deutsche Zentral- Genossenschaftsbank BIC GENODEF1 Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/dz-bank-ag-deutsche-zentral-genossenschaftsbank-genodef1)
- [Deutsche Bank AG BIC DEUTDEDB Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/deutsche-bank-ag-deutdedb)
- [Unicredit Bank GMBH BIC HYVEDEMM Credit institution Prudential licence Germany · On the ECB list of supervised entities · LEI 2ZCNRR8UK83OBTEK2170](https://elucidate.co/directory/unicredit-bank-gmbh-hyvedemm)
- [Commerzbank AG BIC COBADEFF Credit institution Prudential licence Germany · On the ECB list of supervised entities · LEI 851WYGNLUQLFZBSYGB56](https://elucidate.co/directory/commerzbank-ag-cobadeff)
- [Commerzbank AG (Formerly Dresdner Bank AG) BIC DRESDEFF Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/commerzbank-ag-formerly-dresdner-bank-ag-dresdeff)
- [DZ Bank AG, Deutsche Zentral- Genossenschaftsbank BIC GENODES1 Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/dz-bank-ag-deutsche-zentral-genossenschaftsbank-genodes1)
- [Deutsche Bank AG BIC DEUTDEFF Credit institution Prudential licence Germany · On the ECB list of supervised entities · LEI 7LTWFZYICNSX8D621K86](https://elucidate.co/directory/deutsche-bank-ag-deutdeff)
- [DZ Bank AG, Deutsche Zentral- Genossenschaftsbank BIC GENODED1 Financial institution Not on a tracked register Germany · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/dz-bank-ag-deutsche-zentral-genossenschaftsbank-genoded1)
[See every BIC in Germany →](https://elucidate.co/directory/country/de#bics)
Claim this profile
## Work at Lbs Landesbausparkasse Sued?
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Banking supervision**—Source: European Central Bank, list of supervised entities.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **European registers**—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [lbs.de](https://www.lbs.de/) (official website); Stefan Siebert: [lbs.de](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand) (official website) · [original](https://www.lbs.de/_next/image?url=%2Fuploads%2FSiebert_1_mit_K_quer_d9b30dafda.jpg&w=3840&q=75); Erwin Bumberger: [lbs.de](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand) (official website) · [original](https://www.lbs.de/_next/image?url=%2Fuploads%2FBumberger_2_mit_K_quer_f35cb8ec3a.jpg&w=3840&q=75); Gerhard Grebler: [lbs.de](https://www.lbs.de/unternehmen/bausparkassen/lbs-sued/vorstand) (official website) · [original](https://www.lbs.de/_next/image?url=%2Fuploads%2FGerhard_Grebler_2_mit_K_quer_e948e1288c.jpg&w=3840&q=75).
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.