Utilize the input text as a context reference, choose the right relationship between BayernLB and Bavaria from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

The sum to be paid to Bavaria is equivalent to 45 percent of the amount state-owned lender BayernLB was awarded by a Munich court in May, according to Schelling.

Answer: owned_by