The national savings bank to Oldenburg (short: LzO) with seat in Oldenburg (Oldb) is one of the largest German savings banks and is originally based on the former Grand Duchy of Oldenburg. Also today their activity area still is particularly in the region Weser Ems. The LzO belongs to the largest enterprises in the region. Approximately 1,800 humans work for Kreditinstitut and gained 2004 a balance sheet total of approximately 7 billion euro.
Carriers of the LzO are the cities Oldenburg and Delmenhorst as well as the districts bunting country, Cloppenburg, Friesland, Oldenburg, Vechta and Wesermarsch. The portions correspond to the portions of the customer inserts in the respective area.
1986 brought the LzO the donation art and culture into being, which supports music, literature, theatre and museums as well as culture and science, in addition, homeland and care of monuments financially.
According to own data the LzO is the oldest still existing savings bank of the world.
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