Bayerische Hypo- und Vereinsbank AG
HypoVereinsbank is one of the largest privately-owned German banks with about 23,000 employees, 790 branch offices and over 4 million customers.
The institution is a member of the UniCredit Group, which is the market leader in the economic area comprising Italy, Germany, Austria as well as Central and Eastern Europe and Central Asia, and has a workforce of over 170,000. Our unique, international network with around 9,000 regional branches in 23 countries as well as globally active correspondent banks allows us to provide you with optimal service in your foreign markets.
In China the group is already active with eight representative offices and one operative branch, the latter under the brand of UniCredit Banca di Roma in Shanghai. The branch provides its customers with banking services such as:
- Deposits and loans
- Trade finance
- Remittances and payments
- Issue of guarantees, including bid and performance bonds, as well as stand-by L/C to Chinese banks to cover local currency funding
- Opening, advising and confirmation of letters of credit
- Buying and selling foreign exchange and acting as an agent for the purchase and sale of foreign exchange
- Inter-bank lending