Münchener Hypothekenbank eG

Founded in 1896 with the support of the Bavarian government, Münchener Hypothekenbank eG is the partner for the German cooperative banks (Volksbanken and Raiffeisenbanken) for providing the full spectrum of residential and commercial property financing solutions.

Bank Category

Mortgage banks

Financials

Total Assets (2017)
38 905.03 mln EUR  (+1.03%)
Net Income (2017)
32.45 mln EUR  (+27.54%)

In 2017 total assets of Münchener Hypothekenbank eG were 38 905,03 mln EUR. In 2017 the bank's net income was 32,45 mln EUR.

Münchener Hypothekenbank eG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).

Münchener Hypothekenbank eG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Karl-Scharnagl-Ring 10, 80539, München, Germany
221351
+49 (0) 89 / 53 87 - 0

Münchener Hypothekenbank eG is headquartered in München.

Bank Identifiers

BIC (SWIFT)
MHYPDEMMXXX
MFI ID
DE03250

Financial Positions

Total Assets (2017)
38 905.03 mln EUR  (+1.03%)

In 2017 total assets of Münchener Hypothekenbank eG were 38 905.03 mln EUR. Growth compared to the previous period (2016) was 1.03%. The evolution of the total assets of Münchener Hypothekenbank eG is shown at Chart 1 below.

Total Assets of Münchener Hypothekenbank eG.

Chart 1. Total Assets of Münchener Hypothekenbank eG.

Profit and Loss

Net Income (2017)
32.45 mln EUR  (+27.54%)

In 2017 net income of Münchener Hypothekenbank eG was 32.45 mln EUR. Growth compared to the previous period (2016) was 27.54%. The evolution of the net income of Münchener Hypothekenbank eG is shown at Chart 2 below.

Net Income of Münchener Hypothekenbank eG.

Chart 2. Net Income of Münchener Hypothekenbank eG.

Market Share and Rank (among banks in Germany)

Total Assets (2016)
27th (market share 0.54%)

In 2016 Münchener Hypothekenbank eG was ranked the 27th largest bank in Germany in terms of total assets, having 0.54% of the domestic market share.

Market share of Münchener Hypothekenbank eG (among banks in Germany)

Chart 3. Market share of Münchener Hypothekenbank eG (among banks in Germany)

Several banks having the market shares and ranks closest to Münchener Hypothekenbank eG are shown below.

RankNameTotal AssetsMarket Share
26 DEUTSCHE APOTHEKER- UND ÄRZTEBANK EG38761.46 mln EUR0.55%
27 Münchener Hypothekenbank eG38508.99 mln EUR0.54%
28 WL BANK AG Westfälische Landschaft Bodenkreditbank (closed)37624.05 mln EUR0.53%
 

Market Share and Rank (among Mortgage banks in Germany)

Total Assets (2016)
1st (market share 28.41%)

In 2016 Münchener Hypothekenbank eG was ranked the 1st largest mortgage bank in Germany in terms of total assets, having 28.41% of the category's market share.

Market share of Münchener Hypothekenbank eG (among Mortgage banks in Germany)

Chart 4. Market share of Münchener Hypothekenbank eG (among Mortgage banks in Germany)

Several mortgage banks having the market shares and ranks closest to Münchener Hypothekenbank eG are shown below.

RankNameTotal AssetsMarket Share
1 Münchener Hypothekenbank eG38508.99 mln EUR28.41%
2 DZ HYP AG36695.55 mln EUR27.07%
3 Berlin-Hannoversche Hypothekenbank AG26354.20 mln EUR19.44%
 

Credit Ratings (as of May 2018)

Fitch Moody's
AA- (very high credit quality) Aa3 (high grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Münchener Hypothekenbank eG is rated by Fitch and Moody's.

Credit ratings assigned to Münchener Hypothekenbank eG as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Münchener Hypothekenbank eG it is set to AA- (very high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Münchener Hypothekenbank eG is set to F1+ (highest short-term credit quality).

Long-Term Issuer Default Rating  AA-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1+
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for Münchener Hypothekenbank eG is not set support rating is not assigned; support rating floor is not set.

Moody's

Long-term rating for Münchener Hypothekenbank eG it is set to Aa3 (high grade). Long-term bank deposit rating is Aa3 (high grade). Baseline credit assessment is ba1. Short-term rating is not assigned.

Long-Term Rating  Aa3
Long-Term Bank Deposit Rating  Aa3
Baseline Credit Assessment  ba1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Münchener Hypothekenbank eG is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Germany are obliged to participate in German deposit guarantee scheme.

In the case of Münchener Hypothekenbank eG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Münchener Hypothekenbank eG and its components are shown in the table below.

BIC  MHYPDEMMXXX
Bank BIC Code  MHYP
Country Code  DE (Germany)
Location Code  MM
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Münchener Hypothekenbank eG is shown in the table below.

MFI ID  DE03250