Gold partner
Global network and direct connections
BayernLB is one of the world's leading wholesalers of physical precious metals and not only takes economic criteria into account in its business activities, but also makes an important contribution to environmental protection and social justice with its understanding of sustainability and compliance with the requirements for production and supply chains ((EU) 2017/821).
At its location in Nuremberg, it operates a modern center of excellence for precious metals with professional logistics, extensive storage resources and a wide range of innovative services.
BayernLB orders directly from the most important mints and refineries worldwide. The range includes more than 600 coins and bars.
Global network and direct connections
BayernLB is one of the world's leading wholesalers of physical precious metals and not only takes economic criteria into account in its business activities, but also makes an important contribution to environmental protection and social justice with its understanding of sustainability and compliance with the requirements for production and supply chains ((EU) 2017/821).
At its location in Nuremberg, it operates a modern center of excellence for precious metals with professional logistics, extensive storage resources and a wide range of innovative services.
BayernLB orders directly from the most important mints and refineries worldwide. The range includes more than 600 coins and bars.
Self-commitment since 1987
BayernLB has been selling LBMA-certified bars since the LBMA was founded in 1987 and is currently the only full member among the German Landesbanks.
However, the Landesbank is going one step further by playing a leading role in supporting the WGC in its initiative for the responsible and sustainable use of gold investments. To this end, an investment guideline tailored specifically to the German market has been drawn up to inform private investors about what they should look out for when buying gold. In addition, principles for product providers have been established that define minimum requirements and best practices in order to protect investors and ensure the highest level of fairness, transparency and integrity. This also includes that each provider should only procure gold from trustworthy suppliers and take ESG criteria into account. This not only ensures that the gold traded is not linked to money laundering, terrorism financing and human rights abuses, but such professional standards can also create clarity and consistency for ethical and correct action and strengthen trust in the entire gold value chain. This gives private investors the opportunity to invest their savings in precious metals in a sustainable manner.
In May 2023, BayernLB became the 35th supporting member of Fachvereinigung Edelmetalle e.V., the most important German industry association representing the interests of the precious metals industry. A fundamental element of the trade association is its code of conduct, in which all member companies commit to their social, ecological and economic responsibility.
Self-commitment since 1987
BayernLB has been selling LBMA-certified bars since the LBMA was founded in 1987 and is currently the only full member among the German Landesbanks.
However, the Landesbank is going one step further by playing a leading role in supporting the WGC in its initiative for the responsible and sustainable use of gold investments. To this end, an investment guideline tailored specifically to the German market has been drawn up to inform private investors about what they should look out for when buying gold. In addition, principles for product providers have been established that define minimum requirements and best practices in order to protect investors and ensure the highest level of fairness, transparency and integrity. This also includes that each provider should only procure gold from trustworthy suppliers and take ESG criteria into account. This not only ensures that the gold traded is not linked to money laundering, terrorism financing and human rights abuses, but such professional standards can also create clarity and consistency for ethical and correct action and strengthen trust in the entire gold value chain. This gives private investors the opportunity to invest their savings in precious metals in a sustainable manner.
In May 2023, BayernLB became the 35th supporting member of Fachvereinigung Edelmetalle e.V., the most important German industry association representing the interests of the precious metals industry. A fundamental element of the trade association is its code of conduct, in which all member companies commit to their social, ecological and economic responsibility.
