Schelhammer Capital Bank AG

Schelhammer Capital Bank AG is an Austrian private bank within the GRAWE banking group that emerged from the integration of Capital Bank – GRAWE Gruppe AG and Bankhaus Schelhammer & Schattera, a Vienna institution founded in 1832. The bank focuses on private banking and wealth management for high-net-worth individuals, entrepreneurs, foundations, religious institutions, and institutional clients, offering discretionary portfolio management, investment advisory, securities custody and execution, and mandates with a sustainable or ethical orientation, including the distribution of in-house fund ranges managed within the group. It operates under an Austrian banking license and is regulated by the Financial Market Authority (FMA); eligible deposits are covered by the Austrian statutory deposit guarantee scheme (Einlagensicherung AUSTRIA) up to EUR 100,000 per depositor, while investment services fall under separate investor-compensation rules. The product set is narrower than that of universal retail banks, pricing for custody, trading, and advisory is typically individualized rather than published in standard tariffs, and onboarding is oriented toward relationship-based service via offices with digital channels primarily supporting e-banking and custody access. Group ownership can create distribution links to affiliated asset managers and funds, requiring attention to conflicts-of-interest disclosures and fee transparency, and portfolio outcomes remain exposed to market volatility and the limits of sustainability methodologies. Suitability generally depends on a client’s need for discretionary or advisory wealth solutions, tolerance for bespoke pricing, and demand for specialized services for foundations and church-related institutions.