UniCredit Bank AG

UniCredit Bank AG, known domestically as HypoVereinsbank, is a German universal bank headquartered in Munich and wholly owned by UniCredit S.p.A. It is supervised as a significant institution under the European Central Bank’s Single Supervisory Mechanism, with BaFin and Deutsche Bundesbank involvement, and participates in Germany’s statutory deposit guarantee scheme (EdB); it is also a member of the Association of German Banks’ voluntary scheme, subject to prevailing coverage rules. The bank serves private clients, affluent and private banking customers, SMEs, large corporates, financial institutions and public-sector entities, offering current and savings accounts, payments, cards, consumer and mortgage lending, brokerage and wealth advisory, as well as corporate finance, cash management, trade and export finance, syndicated loans, debt and equity capital markets distribution in coordination with the UniCredit group, foreign exchange and rates products, and the issuance of structured certificates. Funding sources include customer deposits and wholesale markets, with regular issuance of mortgage and public-sector Pfandbriefe; capital and liquidity metrics are disclosed in annual and Pillar 3 reports. The franchise is concentrated in major urban regions with a reduced branch footprint supported by online and mobile channels. External ratings from the main agencies are investment grade. Key risk drivers include exposure to the German economic cycle, interest-rate sensitivity in the banking book, market and counterparty risk from trading activities, and legal and conduct risks tied to legacy transactions, for which provisions are recognized. As part of a cross-border group, the bank has access to shared infrastructure and a pan-European network for cross-border services, while remaining subject to group strategy, intra-group exposures and applicable ring-fencing and resolution frameworks; fees, pricing and account terms follow published schedules and are subject to change.