WLSGVWestfälisch-Lippische Sparkassen- und Giroverband (German savings bank association)
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Two savings bank associations from the region of North Rhine-Westphalia, WLSGV and RSGV, hold just over 25 percent of WestLB, with the state of North Rhine-Westphalia holding the remaining 49 percent.
The bank is expected to ask the European Union for more time, according to Rolf Gerlach, head of the WLSGV savings bank association, which owns about 25 percent of the German bank.