Oldenburgische Landesbank

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Oldenburgische Landesbank AG
IndustryFinancial services
Number of employees
ParentBremer Kreditbank

Oldenburgische Landesbank AG (OLB) is a German bank.

Headquartered in Oldenburg, it has 176 branches[1] in the northwestern region of Germany, known as Weser-Ems (comprising Osnabrück Land, Emsland, County of Bentheim, East Frisia, Ammerland, Friesland, Oldenburg (Oldenburg), and Oldenburg Münsterland), as well as Bremen (since 1 July 2009), Bremerhaven (since 4 October 2010) and Verden (since 4 April 2011). Its first branch in North Rhine-Westphalia opened 7 November 2011 in Rheine.[2]

On 23 June 2017, Bremer Landesbank acquired a majority stake in OLB from Allianz. Bremer Landesbank is a portfolio company of the private equity firm Apollo.[3][4]

Board of directors[edit]

  • Patrick Tessmann (Chairman)
  • Hilger König
  • Karin Katerbau


  1. ^ OLB eröffnet neue Filiale in Bremerhaven, retrieved, 2 November 2010
  2. ^ Westfälische Nachrichten: OLB eröffnet Filiale in Rheine Beitrag 7. November 2011, retrieved, 11 February 2012
  3. ^ "Allianz sells stake in Oldenburgische Landesbank AG - Press | Allianz". www.allianz.com. Retrieved 2018-02-17.
  4. ^ "Allianz sells private bank OLB to Apollo for 300 million euros". Reuters. 23 June 2017. Retrieved 2018-02-17.

External links[edit]