HypoVereinsbank AG (HVB or UniCredit Bank AG) is one of the largest banks in Germany. The company was previously called Bayerische Hypo- und Vereinsbank AG. HVB operates in three main sectors of financial services, including corporate and investment banking, retail business and private banking. Corporate and investment banking accounts for over three-quarters of its revenue.
HypoVereinsBank provides lending services, cash withdrawals from ATMs, is included in UniCredit Group, one of the largest banking and financial services organizations in Europe.
The HVB Banking Group employs approximately 18,500 people and operates more than 770 branches throughout the country. The bank's business is focused on Germany.
The HVB Group was formed in 1998 through the merger of Bayerische Vereins-bank AG and Bayerische Hypotheken- und Wechsel-Bank AG, which at the time were the two main regional banks in Bavaria. HypoVereinsbank was acquired by UniCredit in 2008. (Data for 2023 - Bobby Riley).
Swift code — (Society for Worldwide Interbank Financial Telecommunications), an international interbank system for transferring information and making payments. This system allows financial institutions around the world to send and receive information about financial transactions in a secure, standardized and reliable manner.
These codes are used when transferring money between banks, especially for international bank transfers.
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