Berlin-Hannoversche Hypothekenbank is a specialized bank of Sparkassen Finanzgruppe (Germany). In partnership with Sparkassen Finanzgruppe, Berlin Hyp provides a range of products and services centred on real estate financing to investors, housing associations, housing cooperatives and property developers. Berlin Hyp AG operates as a branch of Berlin-Hannoversche Hypothekenbank Aktiengesellschaft (Germany).
Berlin Hyp AG participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Berlin Hyp AG is located in Schiphol.
|Address||Schiphol Boulevard 263, 1118 BH, Schiphol, Netherlands|
|Member of Group||Sparkassen-Finanzgruppe (Germany)|
|Headquarters||Berlin Hyp AG (Germany)|
|Bank Category||Branches of foreign banks|
|Start Date||November 2014|
|Deposit Guarantee||Yes (up to 100 000 EUR per depositor)|
|European Presence||3 banks in 3 countries|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All branches of EEA-banks operating in the Netherlands participate in deposit guarantee schemes of their home countries. This means that Berlin Hyp AG participates in the deposit guarantee scheme of Germany.
In the case of Berlin Hyp AG 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: Deposit Guarantee Scheme in Germany
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
|Subject to MRR by ECB||Yes|
|Exempt from MRR by ECB||No|
Any bank can be identified for different purposes and hence can have several different identifiers.
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 Berlin Hyp AG is shown in the table below.