Hypo Noe Landesbank Company Profile and Overview

Hypo Noe Landesbank is a bank that originated in the 19th century.

It was founded in 1839 in Bavaria, Germany, and has a long history of providing banking services to its customers.

Hypo Noe Landesbank has undergone several mergers and acquisitions over the years, resulting in the bank's current structure.

Today, it is a significant player in the German banking market, with a strong presence in the region.

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The official website of Hypo Noe Landesbank fur Niederosterreich und Wien AG is hyponoe.at.

HYPO NOE Landesbank is the parent company of the HYPO NOE Group, which has set a goal to be a secure and reliable partner for various customers.

The company focuses on financing social and traditional infrastructure, corporate, project and structured finance, as well as real estate finance and treasury solutions.

HYPO NOE Landesbank serves as a partner for the public sector, real estate and key accounts, as well as private and business customers in the core market of Lower Austria, Vienna, and selectively in the Danube region.

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Hypo Noe Landesbank is a German bank that has a long history dating back to 1827.

The bank was originally founded as a savings bank in the city of Nuremberg.

It has undergone several mergers and acquisitions over the years, with the most significant one being the merger with the Bayerische Vereinsbank in 2005.

The official website of Hypo noe landesbank fur niederosterreich und wien ag is hyponoe.at.

This website is the primary source of information for the company.

hyponoe.at provides a central hub for accessing various aspects of the company's operations and services.

Hypo noe landesbank fur niederosterreich und wien ag has 501 - 1000 employees.

This means the company is considered a medium-sized business, which can be a great advantage in terms of agility and decision-making.

The company size can also impact the level of personal attention you receive as a customer, with smaller companies often offering more tailored services.

Hypo noe landesbank fur niederosterreich und wien ag's employee range suggests a stable and well-established organization.

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The Landesbank, the oldest part of the Group, was founded in 1888 as the Landes-Hypothekenanstalt für Niederösterreich.

This marked the beginning of the Group's long history, with a focus on providing financial services to the region.

As part of the Group's partial privatization, 26% was sold to Österreichische Volksbanken-Aktiengesellschaft, a significant development in the Group's evolution.

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Hypo Noe Landesbank operates in the Banking industry.

Their focus on banking is clear, and it's a sector that requires a lot of expertise and trust.

Hypo Noe Landesbank fur niederosterreich und wien ag's industry is Banking.

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Niederosterreich AG operates in the Banking industry.

The HYPO NOE Group, led by HYPO NOE Landesbank für Niederösterreich und Wien AG, focuses on financing social and traditional infrastructure.

Their product portfolio also includes corporate, project and structured finance, as well as real estate finance and treasury solutions.

As a secure and reliable partner, the company serves the public sector, real estate, and key accounts, as well as private and business customers in the core market of Lower Austria, Vienna, and selectively in the Danube region.

The company's goal is to provide financing for social and traditional infrastructure, which is a key aspect of their business.

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Niederosterreich AG has several competitors in the industry.

One of its main competitors is Vienna AG, which is also a regional energy provider in Austria.

Niederosterreich AG also competes with EVN AG, a leading energy company in Central and Eastern Europe.

Another competitor is Wien Energie, a municipal utility company in Vienna that provides energy services to its residents.

These competitors offer similar services to Niederosterreich AG, including electricity and gas supply.

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The HYPO NOE Landesbank has a strong market position in the capital region of Niederosterreich and Wien.

It has been a reliable business bank and stable landesbank for over 130 years.

The bank is primarily active in Austria and Germany, and selectively in chosen markets of the European Union.

HYPO NOE offers comprehensive financial services to public sector clients, real estate, and corporate clients from a single source.

Its product portfolio focuses on financing classical and social infrastructure, charitable and commercial residential construction, and large-scale real estate projects.

The HYPO NOE Group's real estate business is managed under HYPO NOE Immobilien Beteiligungsholding GmbH.

Restructuring has been a significant part of Hypo Landesbank's history.

The bank moved its group headquarters to Sankt Pölten in 1998.

In 1999, ÖVAG's share was increased to 41%. This marked a significant shift in the bank's ownership structure.

The state bought back ÖVAG shares in 2007, regaining full control of the bank. The bank was subsequently divided into HYPO Investmentbank AG and Niederösterreichische Landesbank-Hypothekenbank Aktiengesellschaft (HYPO Landesbank).

From 2007 onwards, the bank was again wholly owned by the Province of Lower Austria.

In 2017, the banking operations of HYPO NOE Gruppe Bank AG and HYPO NOE Landesbank AG were merged.

The merged bank operated under the name HYPO NOE Landesbank für Niederösterreich und Wien AG from 23 September 2017.

By reintegrating the retail and residential construction business into the core bank, efficiency increases could be ensured by reducing the complexity of the organisation and leveraging operational synergy effects.

On 20 July 2017, Investment was dropped from the company name, which became Hypo Vorarlberg Bank AG.

The HYPO NOE Landesbank is over 130 years old, making it a reliable and stable business bank in Austria.

It's primarily active in Austria, Germany, and select European Union markets, leveraging its strong market position in the capital region of Niederösterreich and Wien.

As a specialized Hypothekenbank, the HYPO NOE Konzern offers comprehensive financial services to public and private clients, focusing on financing classic and social infrastructure, non-profit and commercial housing, and large-scale real estate projects.

Its product portfolio is designed to cater to the needs of its customers, providing a one-stop-shop for financial services.

With a well-established network of branches in its home market of Niederösterreich and Wien, the HYPO NOE Landesbank is well-positioned to serve its clients effectively.

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The HYPO NOE Group's real estate business is a significant part of its operations.

HYPO NOE Immobilien Beteiligungsholding GmbH is the entity responsible for managing the group's real estate activities.

This holding company oversees HYPO NOE Real Consult GmbH and HYPO NOE First Facility GmbH.

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Its main goal is to provide a one-stop service throughout the entire real estate management process.

The services offered by HYPO NOE Immobilien Beteiligungsholding GmbH include facility and property management, sales, cross-selling agendas, and project development and management.

With this comprehensive approach, the company aims to streamline the real estate management process for its clients.

As a business, being involved in the community is essential, and HYPO NOE Landesbank takes this very seriously. They act as a sponsor in various areas, including social affairs, art and culture, as well as sports.

One area where they're particularly active is in sports sponsorship. They're one of the largest sports sponsors in Lower Austria, which is a testament to their commitment to the community.

In the field of sports, HYPO NOE Landesbank sponsors several teams and athletes, including the soccer club SKN St. Pölten, the ladies' handball team Hypo Niederösterreich, and the men's handball team Moser Medical UHK Krems.

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They also sponsor beach volleyball professionals Alexander Horst and Clemens Doppler, which is a great way to support emerging talent in the sport.

Here are some of the sports teams and athletes they sponsor:

Their sponsorship efforts also extend to other areas, including art and culture. They support various initiatives and programs, such as the Artist Support Program HYPO NOE Art & Culture artconnection.

Hypo Noe Landesbank has been involved in some controversies over the years. In 2007, the bank acquired a 20% stake in Augustus Funding Ltd. for approximately €800 million, but it was later found to have exceeded the large investment limit.

The bank was penalized €58 million by the Financial Market Authority (FMA) in 2011, but it successfully challenged the requirement in 2013 and was able to recover the full amount. This was a significant development for the bank, and it highlights the importance of regulatory oversight in the financial sector.

The bank's corporate headquarters was opened in Sankt Pölten in 2012, a significant investment in the region's infrastructure. However, the bank's focus on sustainable development in Lower Austria has also been a key area of focus, with a sustainability/CSR report being prepared since 2013.

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In 2007, Hypo Investmentbank acquired a 20% stake in Augustus Funding Ltd. (Dubai) for approximately €800 million, a move that raised eyebrows in the financial world.

This investment exceeded the large investment limit, prompting a penalty from the Financial Market Authority (FMA) of €58 million, which was paid in 2011 and factored into the bank's annual financial statements.

The bank's executives were accused of misconduct, but a 2013 court ruling proved them right, and the full amount was reimbursed to the bank.

A separate investigation into the bank's dealings with Lehman Brothers was discontinued in 2017 due to lack of evidence of wrongdoing.

Here are some key terms associated with the bank's controversies:

In autumn 2012, General Director Peter Harold opened a new corporate headquarters in Sankt Pölten with a net floor area of around 19,000 m².

This new headquarters is a significant investment in the company's infrastructure, showcasing its commitment to growth and development.

The HYPO NOE Group has been focusing on sustainable development in its business areas in the federal state of Lower Austria.

It's worth noting that the company has been preparing a sustainability/CSR report on the subject since 2013, highlighting its dedication to responsible business practices.

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