OLB is a prominent universal bank in Germany that serves one million customers and has over €30 billion in assets. It specializes in private banking, wealth management, and corporate financing. The bank has demonstrated sustained growth and operational effectiveness over the past decade.

Lower Saxony

Oldenburgische Landesbank (OLB)

Crédit Mutuel Alliance Fédérale is a group with a newly confirmed asset management division within its subsidiary La Française.

https://www.creditmutuel.fr/

Hainaut

Crédit Mutuel Alliance Fédérale

Crédit Mutuel Alliance Fédérale has agreed to acquire 100% of Oldenburgische Landesbank (OLB) via its subsidiary TARGOBANK. This acquisition aims to strengthen TARGOBANK's position as a universal bancassurer in Germany and marks a significant step in Crédit Mutuel's expansion strategy. With this transaction, the combined entity will become the tenth largest bank in Germany.

Crédit Mutuel to acquire OLB for German expansion

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Crédit Mutuel to acquire OLB for German expansion

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