Nord/LB, a German bank founded in 1970, provides a wide range of financial services to private, corporate, institutional, and public sector customers. With headquarters in Hanover, Braunschweig, and Magdeburg, the bank focuses on its core business and has a strong presence in important trading centers worldwide. It serves as the central bank for savings banks in Lower Saxony, Saxony-Anhalt, and Mecklenburg-Western Pomerania, while also operating as a service provider for individual savings banks. Nord/LB's business model is shaped by its regional combination and commitment to its supporting states.