Acting as a partner for the public authorities is a role inherent in our position as the Landesbank for Hesse and Thuringia. Together with the bank for economic and infrastructure development in Hesse (WIBank), Investitionsbank Hessen (IBH) and Thüringer Aufbaubank (TAB) we help the states and municipalities and their corporations and institutions to realise important projects, secure long-term investment and effectively ease the pressure on the public accounts.
A Partner for the Public Authorities
State, district and municipal authorities face a challenging array of tasks and duties. We devise suitable financing solutions to help them deliver the necessary projects in all areas from enhancing infrastructure to sustainable urban development to the consolidation of public budgets. Helaba’s robust local base throughout Hesse and Thuringia is invaluable in this work, but so too is our international network. These twin assets enable us to offer states, districts and municipalities a committed partner that thoroughly understands local conditions on the ground but also has a broad enough view to keep on providing new ideas and momentum.
WIBank for economic and public infrastructure development
As public development bank of Hesse, the WIBank supports economic and structural development in the regional state.
It offers development and financing solutions for Hesse’s municipalities and rural districts, non-profit institutions and cultural establishments, as well as private persons.
For this purpose, in combination with its own products, it draws on the development funds provided by the regional state of Hesse, the German federal government and the European Union.
Thüringer Aufbaubank (TAB) has been responsible for important tasks in the areas of economic development and the promotion of residential construction in the State of Thuringia since its creation in 1992. It cooperates closely with the government of Thuringia, the state’s banks and Sparkassen and the KfW banking group.
Helaba holds an equity stake in TAB with a subordinate loan of € 40 m for ten years.
Other Development Institutions
Companies in Hesse and Thuringia receive assistance with their plans and projects from a number of development institutions in which Helaba has an interest. Details of the nature of the development assistance offered in each case and the conditions that apply may be found on the website of the institution concerned.
- MBG Mittelständische Beteiligungsgesellschaft Hessen mbH
- IFD Hessenfonds Gmbh & Co. Beteiligungs KG
- Bürgschaftsbank Hessen
- MBG Mittelständische Beteiligungsgesellschaft Thüringen mbH
- Bürgschaftsbank Thüringen