The story
The Berlin Hyp's first predecessor institute, the Berliner Pfandbriefinstitut, was founded in 1868. Later, the institute operated under the name of Berliner Pfandbriefamt. In 1973, a number of public institutions were incorporated under the name Berliner Pfandbrief-Bank as a public-law institution:
Stadtschaft der Mark Brandenburg
Berliner Hypothekenbankverein (Stadtschaft)
Preußische Zentralstadtschaft
Brandenburgische Provinzialbank und Girozentrale
Brandenburgischer Sparkassen- und Giroverband
Kur- und Neumärkische Ritterschaftliche Darlehens-Kasse, Märkische Landschaft, Preussische Staatsbank
In 1993, the legal form was changed to a Joint-stock company. Since this change, the bank has been operating as Berliner Hypotheken- und Pfandbriefbank AG (short: Berlin Hyp). The sole shareholder was the state of Berlin. In 1994, a predecessor institution of today's Landesbank Berlin took over all shares. The current bank was created in 1996 from the merger of Berliner Hypotheken- und Pfandbriefbank AG and Braunschweig-Hannoversche Hypothekenbank AG.
Read the full text
In November 2009, the Berlin Hyp's Supervisory Board resolved a substantial capital increase by issuing new no-par-value shares in order to broaden the scope of action for new business acquisitions and thereby expand and consolidate its market position.
In October 2013, the company was renamed Berlin Hyp AG. Also, the brand image of the bank was completely revised and has since leaned its business colors and appearance against the image of the Sparkasse, to make the involvement of the Berlin Hyp in the Sparkassen-Finanzgruppe outwardly visible.
As of January 1, 2015, the company's shares were transferred to LBB Holding and the commercial real estate financing business, which had previously been operated jointly with Landesbank Berlin, was dissolved.
The Berlin Hyp is a member of the Verband deutscher Pfandbriefbanken.
From Wikipedia’s article on Berlin Hyp, shared under CC BY-SA 4.0.5
