Landesbank Hessen-Thüringen, widely known as Helaba, is a German state-owned bank and a central player in the nation's financial landscape. Headquartered in Frankfurt and Erfurt, it functions as a commercial bank, a central bank for the savings banks in Hesse, Thuringia, North Rhine-Westphalia, and Brandenburg, and a development bank for the state of Thuringia. Its business model is structured around three main segments: Wholesale Banking, which serves large corporations, institutional clients, and the public sector; S-Group Business, providing specialized products and services to the Sparkassen; and Public Development and Infrastructure Business. Helaba maintains a strong focus on corporate and real estate financing, capital markets, and asset management.