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WestLB
AddedFeb 13, 2024
UpdatedJun 28, 2026
WestLB

WestLB

Inactive

Former German bank, WestLB, based in Düsseldorf, focused on wholesale banking and later restructured as Portigon Financial Services.

Location
Düsseldorf, North Rhine-Westphalia, DE
Founded
1969
Firm
Compare
Portfolio
Employees

Westdeutsche Landesbank (abbreviated as WestLB) was a major German bank based in Düsseldorf, mainly controlled by the German state of North Rhine-Westphalia. It was created in 1969 by the merger of two predecessor entities respectively for the Rhineland and Westphalia.

As a Landesbank, WestLB's core business was wholesale banking on behalf of the region's Sparkassen, but it expanded into numerous risky activities that ultimately led to its restructuring and dismantlement in the late 2000s. As of 30 June 2012, the residual operations of WestLB were transferred to a legacy non-bank entity, Portigon Financial Services AG.

WestLB - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments1
Current Portfolio Count0
Total Portfolio Exits1

Top Investment Stages

Series C1 (100.0%)

Stage Mix

Series C 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

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Solar Power Partners

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WestLB - Classification

Also Known As
  • WestLB AG
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
  • 522110Commercial Banking
SIC
  • 6000Depository Institutions
  • 6020Commercial Banks
Show 1 more industry code
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction