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The bank was founded in 1896 as a Landes-und Hypothekenbank (state Hypothekenbank). In the 1990s it explosively expanded into the Alps-to-Adriatic region. In 2004 the company was renamed Hypo Alpe-Adria-Bank International A.G., as a holding company for the "Hypo Alpe-Adria-Bank" subsidiaries. [5]
- 1896, 2014 (spin off)
- 1 Alpen-Adria-Platz, Klagenfurt, Austria
- Financial services
- €06.714 billion (2016)
Jan 31, 2010 · When the Austrian government nationalised Hypo Group Alpe Adria (HGAA) for the token sum of €3 in December 2009, the bank was widely perceived as the country's latest victim of the economic downturn in the nine emerging European economies - mostly in the Balkans - in which it operates.
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Speaking at the Capitol Hill Rule of Law event in Washington D.C. in July 2017, Dr. Rainer Hable, Member of Austria’s parliament and author of a parliamentary investigative report on Hypo Group Alpe Adria - Europe’s largest post-WWII banking scandal, detailed the collapse of the bank, in which billions of dollars went missing and where culprits are still at large.
Apr 30, 2015 · Now, it is closing in on a new claim to fame: as the venue for a trial run for as-yet-untested rules within the EU on who foots the bill when banks go bust. Investors, including Pimco, one of the ...
Addiko Group was established when the former Hypo-Alpe-Adria International AG spun off its CSEE banking subsidiaries. Austria-based Hypo-Alpe-Adria had established business units in the region after 1996 by offering leasing businesses. The bank later added more banking activities including consumer, corporate and public finance.
- €25.7 million (2022)
31.32 mln EUR (-19.18%) Addiko Bank AG is the 87th largest bank in Austria in terms of total assets. In 2022 its total assets were 1 141,70 mln EUR, providing the bank with the market share of 0.12%. Addiko Bank AG is the 17th largest joint stock bank and private bank in Austria (out of 30 joint stock banks and private banks) having market ...
Learn about Addiko Bank a.d. Beograd (formerly Hypo Alpe-Adria-Bank a.d. Beograd) (Serbia) company profile. Explore its business description, deposit guarantee scheme, financial positions, market share, contacts, social networks, bank identifiers.
