Landesbank Hessen-Thüringen Girozentrale (commonly known as Helaba) is a German public-law Landesbank with principal offices in Frankfurt am Main and Erfurt. It serves as the Landesbank for the federal states of Hesse and Thuringia and as the central institution (Girozentrale) for their savings banks (Sparkassen). Helaba’s group includes entities such as Frankfurter Sparkasse, Helaba Invest, Landesbausparkasse Hessen-Thüringen (LBS), and the Wirtschafts- und Infrastrukturbank Hessen (WIBank), the development bank for the State of Hesse.
Helaba provides corporate and investment banking, real estate and project finance, capital markets and treasury services, asset management, and services for the public sector. For industrial clients, including those in the chemical value chain, the bank’s activities typically encompass financing for capital projects and acquisitions, working capital and trade finance, risk management (e.g., interest rate and currency hedging), and sustainable finance solutions aligned with environmental and social standards.
