The German economy lives by exports. What German companies offer with the “Made in Germany” seal of approval is in demand worldwide, thus securing jobs and prosperity in Germany. According to the Federation of German Industries, “Above all, foreign trade is the engine that drives the economy.” LBBW ensures that this engine does not stutter. It provides export financing in the form of buyer credits and forfeiting, issues letters of credit and bank guarantees, handles payment transactions and implements foreign currency transactions.
Above all, foreign trade is the engine that drives the economy.
And, of course, LBBW is on site wherever its customers are: LBBW’s international network comprises 18 locations in 17 countries. LBBW also has four German Centres in Singapore, Beijing, Mexico and Moscow, and also works closely with the German Business Incubator Vietnam in Ho Chi Minh City.
LBBW provides support for its customers as they enter foreign markets, finances their major projects, and provides protection against export risks. However, its aim is also to initiate, establish and support international business relations between companies in Germany and companies in the rest of the world. This is where LBBW’s knowledge and skills benefit our customers.
Letters of Credit / Guarantees
We safeguard your cross-border transactions by effective means such as letters of credit, guarantees and sureties.
Foreign payment transactions
We offer you a transparent and convenient way of regulating your cross-border payment transactions.