Clean Break: the company completely halting Russian engagements or exiting Russia

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Landesbank Baden-Württemberg is a universal bank and the Landesbank for some Federal States of Germany. As of 2018, it is Germany's biggest state-backed landesbank lender. LBBW is a full-service and commercial bank and central bank for savings banks in Baden-Württemberg, Rhineland-Palatinate and Saxony.

Clean Break: the company completely halting Russian engagements or exiting Russia

Leave Withdrawal
The Company Statement
June 07, 2024

The Arbitration Court of St. Petersburg and the Leningrad Region has seized the property, money and securities of Landesbank Baden-Wurttemberg and Bayerische Landesbank. The court made this decision as interim measures against the claim of the operator of the construction of the complex in Ust-Luga, Ruskhimalyans.

June 07, 2024The assets of two more German banks were seized at the request of Ruskhimalliance
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