Company type | Corporation |
---|---|
Industry | Mortgage bank |
Founded | 13 February 1872 |
Headquarters | , |
Total assets | €21.1 billion (2018) [1] |
Number of employees | 430 (2018 [1] ) |
Parent | NORD/LB |
Website | www |
The Deutsche Hypothekenbank (Actien-Gesellschaft) is a German mortgage bank based in Hanover, which specializes in the financing of commercial real estate and the capital market business with domestic and foreign clients. [2] It is a company of NORD/LB and forms the center of excellence for the core business area Commercial Real Estate Financing. The bank employs around 400 people at its five domestic locations in Hanover, Berlin, Frankfurt, Hamburg and Munich as well as its foreign locations in Amsterdam, London, Paris, Madrid and Warsaw. [3] With a balance sheet total of almost €23.7 billion, the Deutsche Hypo is one of Germany's largest real estate financiers.
Founded in 1872 by Berlin merchants, [2] the Deutsche Hypo is one of the oldest German mortgage lenders. It specializes in advising and financing real estate projects predominantly in Germany, Great Britain, France, Benelux and Poland. [4] Furthermore, the Deutsche Hypo is active in the public sector lending business. [3]
In 1999, ING Group acquired majority control of Deutsche Hypothekenbank through its purchase of BHF Bank. It sold its 83.7 percent stake in 2006 to BHF Bank (by then owned by Sal. Oppenheim) and M. M. Warburg & Co. as well as private investors Peter Döhle Schiffahrts-KG and Josef H. Boquoi Familienstiftung. [5]
The Deutsche Hypo specializes in large-volume financing with professional real estate clients. In addition to its activities in Germany, the Deutsche Hypo operates in the European target countries Great Britain, France, Benelux and Poland. Another pillar of its business activities is the capital market business with domestic and foreign market participants. The refinancing takes place via bonds. Both the Deutsche Hypo's mortgage and public sector bonds are rated "Baa2" (lower medium grade) by Moody's rating agency. [2]
Reference number | 2015 [6] | 2016 [7] | 2017 [1] | 2018 [1] |
---|---|---|---|---|
New real estate business (EUR million) | 4.075,2 | 4.540,7 | 3.798,3 | 2.869,8 |
Real estate loans (million EUR) | 11.953,6 | 11.977,0 | 12.077,1 | 12.264,0 |
Refinancing funds (EUR million) | 25.243,7 | 23.493,4 | 22.254,0 | 19.616,7 |
Earnings before taxes and profit transfer (EUR million) | 61,8 | 104,9 | 59,9 | 58,2 |
Cost-income ratio | 35,6 % | 37,8 % | 42,3 % | 49,5 % |
HypoVereinsbank (HVB), legally registered since late 2008 as UniCredit Bank GmbH, is a significant bank in Germany headquartered in Munich. It has been part of the Milan-based UniCredit group since 2005, and fully owned by it since 2008. As a consequence, HVB is operating exclusively in Germany, where it mainly focuses on private clients business and corporate banking, customer-related capital market activities and wealth management.
Sal. Oppenheim was a German private bank founded in 1789 and headquartered in Cologne, Germany. It provided asset management solutions for wealthy individual clients and institutional investors. In 2009, the bank became a subsidiary of Deutsche Bank. In 2017, Deutsche Bank decided to discontinue the Sal. Oppenheim brand and to fully integrate their business, which was officially completed on 30 June 2018.
Hypothekenbank Frankfurt AG, previously Eurohypo AG, was wound down in 2016. Its portfolios were transferred to Commerzbank AG. The banking and pfandbrief licenses were returned and Hypothekenbank Frankfurt AG was transformed into a service company LSF Loan Solutions Frankfurt GmbH.
The Norddeutsche Landesbank Girozentrale is a German Landesbank and one of the largest commercial banks in Germany. It is a public corporation majority-owned by the federal states of Lower Saxony and Saxony-Anhalt with its head office in Hanover and branches in Braunschweig and Magdeburg. Regional Sparkassen hold a minority stake of 35 percent.
The Hypo Real Estate Holding AG is a holding company based in Munich, Germany which comprises many real estate financing banks. The company's activities span three sectors of the real estate market: commercial property, infrastructure and public finance, and capital markets and asset management. Hypo Real Estate is the second largest commercial property lender in Germany.
DEPFA Bank plc was until 2014 a Dublin-based German-Irish bank. It provided financial services to the public sector and also provided financing for larger infrastructure projects. The name derivates from Deutsche Pfandbriefbank.
The Pfandbrief, a mostly triple-A rated German bank debenture, has become the blueprint of many covered bond models in Europe and beyond. The Pfandbrief is collateralized by long-term assets such as property mortgages or public sector loans as stipulated in the Pfandbrief Act. Total volume outstanding in Pfandbriefe was EUR 806 billion as at end-2008. Pfandbrief bonds make up the third largest segment of the German bond market after public sector bonds and unsecured bank debt.
The Bayerische Vereinsbank was a German bank founded in 1869 in Munich. It developed into one of the largest regional banks in Germany, before merging in 1998 with Bayerische Hypotheken- und Wechsel-Bank to form HypoVereinsbank (HVB).
BHF Bank, full name Berliner Handels- und Frankfurter Bank was a German bank formed in 1970 by merger between the Berliner Handels-Gesellschaft and Frankfurter Bank, both founded in the 1850s. It was initially named Berliner Handels-Gesellschaft – Frankfurter Bank and was rebranded BHF Bank in 1975.
Founded in 1922, Bank Gutmann AG, a private bank based in Vienna, Schwarzenbergplatz, specializes in asset management and is the market leader in Austria. The private bank is 80 percent owned by the Kahane family and 20 percent by executive and non-executive partners. Gutmann currently manages client assets of €20.5 billion. Clients include domestic and foreign entrepreneurs as well as entrepreneurial families, foundations, wealthy private clients and institutional investors.
Heta Asset Resolution A.G. is a "bad bank" that was the residual asset of the original Hypo Alpe-Adria-Bank International A.G., which was dismantled in 2014. It was owned by the Government of Austria.
Deutsche Pfandbriefbank AG is a German bank that specialises in real estate and public sector financing. As of 2016, it is a constituent of the SDAX trading index of German small-cap companies. It is based in Garching in Bayern, a suburb of Munich. Pfandbriefe is a German term for bonds issued in property financing.
The Bankhaus Bauer AG is a German private bank headquartered in Stuttgart. The bank is a member of the Association of German Banks and its deposit protection fund as well as a member of ATM network CashPool.
The Wüstenrot Bank AG Pfandbriefbank was a German bank based in Ludwigsburg. As a branchless direct bank, it offered checking accounts, payment cards and securities trading.
The Sparkasse zu Lübeck AG, based in Lübeck, is one of five free public savings banks that still exist in Germany.
The Berlin Hyp AG, based in Berlin, is one of the large German real estate and mortgage banks. The bank was created in 1996 from the merger of Berliner Hypotheken- und Pfandbriefbank AG and Braunschweig-Hannoversche Hypothekenbank AG.
The Düsseldorfer Hypothekenbank AG, also known as DüssHyp, is a mortgage bank based in Düsseldorf that specializes in government and real estate financing. Refinancing takes place through issuing bonds via the capital market.
HYPO NOE Landesbank für Niederösterreich und Wien AG is an Austrian regional bank. It is one of the oldest and largest regional banks and was created in 1888.
DSK Deutsch-Skandinavische Verwaltungs AG is the German subsidiary of one of the largest Swedish banks, the Skandinaviska Enskilda Banken (SEB).
The Sparkassen-Finanzgruppe is a network of public banks that together form the largest financial services group in Germany and in all of Europe. Its name refers to local government-controlled savings banks that are known in German as Sparkasse, plural Sparkassen. Its activity is overwhelmingly located in Germany.