Hypo Vorarlberg Bank AG (Austria)

Address

Hypo-Passage, 1, 6900, Bregenz, Austria

BIC

HYPVAT2BXXX

Overview

Business Focus

real estate financing

Established in 1897, Hypo Landesbank Vorarlberg is a universal bank offering retail, corporate and private banking products and services to residents of Austria with the focus on Vorarlberg. Hypo Landesbank Vorarlberg also conducts selected operations internationally.

Performance

In 2023, Hypo Vorarlberg Bank AG achieved the position of 12th largest bank in Austria with a market share of 1.56%; its total assets grew by 2.56%.

Additionally, the bank became the 316th profitable bank in relation to its total assets showcasing 0.03% return on assets in 2023.

Also the lender held the 7th position regarging its loans-to-deposits (L/D) registering 194.67% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Hypo Vorarlberg Bank AG.

Market Share (#12 in Austria)

Ratios

RoA

0.03%

L/D

194.67%

Services

retail banking

private banking

corporate banking

Products

current accounts

payment cards

savings accounts

time deposit accounts

mortgage loans

investment funds

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Hypo Vorarlberg Bank AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets (2023)

15,497.61 mln EUR (+2.56%)

Net Income (2023)

4.43 mln EUR (0.00%)

Hypo Vorarlberg Bank AG ranks as the 12th largest bank in Austria by total assets. In 2023 its total assets were 15,497.61 mln EUR, representing a 1.56% market share. It is also the 1st largest state mortgage bank in Austria, commanding a 28.87% share among state mortgage banks. In 2023 the bank's net income was 4.43 mln EUR.

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: A2

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Hypo Vorarlberg Bank AG is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Einlagensicherung AUSTRIA Ges.m.b.H (ESA)

Covered Accounts

all balances on bank accounts

Eligible Depositors

natural persons (Austrian and foreign)
legal entities (Austrian and foreign)

Hypo Vorarlberg Bank AG protects deposits up to up to 100,000 EUR per depositor through Austria's deposit guarantee scheme. The scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign). The bank participates in the Einlagensicherung AUSTRIA Ges.m.b.H (ESA), making regular contributions into it.