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Home > Company Index > Banking > Banking - Europe > Deutsche Hyp Deutsche Hypothekenbank Frankfurt-Hamburg AG

Deutsche Hyp Deutsche Hypothekenbank Frankfurt-Hamburg AG
 PROFILE
What's in a name? When you're Deutsche Hyp Deutsche Hypothekenbank Frankfurt-Hamburg AG, quite a lot. With about 40 offices throughout Western Europe, the company is the third-largest mortgage bank in Germany after Bayerische Hypotheken und Vereinsbank (HypoVereinsbank) and Deutsche Pfandbrief- und Hypothekenbank (DePfa-Bank). Deutsche Hyp, a subsidiary of Dresdner Bank (which owns about 95% of it and is itself being bought by German insurer Allianz ), was formed in 1998 from three existing mortgage and commercial banks (Deutsche Hypothekenbank Frankfurt AG, Hypothekenbank in Hamburg AG, and Norddeutsche Hypotheken- und Wechselbank AG). It plans to continue growing in Europe.

 COMPETITION
DePfa Deutsche Pfandbrief Bank AG (DPF)
Deutsche Bank AG (DTBKY)
Bayerische Hypo- und Vereinsbank Aktiengesellschaft (HVM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,143.80
1-Yr. Sales Growth: 2.5%
Employees: 1,249
Revenue per employee: $4,118,334.67

 KEY PEOPLE
• Eberhard Schäfer
    CEO
• Kurt Krasa
    CFO

 CONTACT INFO
Taunusanlage 9
D-60329 Frankfurt, Germany
Phone: 49-69-25480
Fax: 49-69-2548-113
Online: Web Site

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