Landesbank Baden-Wurttemberg (LBBW) is a banking institutiun based in Stuttgart, Germany. Established in 1999, LBBW's business model is based on five pillars and comprises the following areas of business such as corporate customers, private customers, savings banks, real estate financing, and financial markets. The bank's three customer-driven banks are BW-Bank, Rheinland-Pfalz Bank, and Sachsen Bank, and allow LBBW to offer the full array of business services. LBBW moreover assists its corporate customers and the savings banks in their international operations. The assets are managed by the board members.