Hypo Group Alpe Adria
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| Type | Public |
|---|---|
| Founded | 1896 |
| Headquarters | Klagenfurt, Austria |
| Industry | Finance and Insurance |
| Products | Commercial banking, Investment banking, Leasing, Consultants Asset management |
| Website | www.hypo-alpe-adria.com |
The Hypo Group Alpe Adria is an Austrian banking group with numerous cross-border activities in eight countries of the Alps-Adriatic region. Its network of branches and offices extends from Austria through Italy and Liechtenstein, from Slovenia through Croatia, Bosnia-Herzegovina, Serbia, Montenegro and Germany on to Brussels.
There are three strategic business sectors of the Hypo Group - banking, leasing and consulting. The Group's owner share includes: 49,4% held by Kärntner Landesholding, 45,6% by Grazer Wechselseitige Versicherung and the remaining 5% by Hypo Alpe-Adria Mitarbeiter Privatstiftung.
Hypo Group Alpe Adria aims to become the leading commercial bank in the Alps-Adriatic region.
On 14 December 2009 the bank was nationalised by the Austrian government to avert a bank collapse.[1]
[edit] Owners
As of 2007[update]:
- 50% plus one share (controlling stake) - Bayerische Landesbank
- 26% - Grazer Wechselseitige Versicherung AG - GraWe group
- 20% - Carinthia State Holding
- 3% - Hypo Alpe Adria employees private trust fund
- 1% - Berlin & Co. Capital S.a.r.l.
[edit] References
[edit] External links
- Hypo Group Alpe Adria - Official website
- Hypo Alpe Adria-A Bank Scandal in Austria
- Hypo Alpe-Adria Bank Headquarters by Morphosis
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