Web Site

Finance-corporate.org

» Financial enterprise » Topics begins with B » BHW (Finanzdienstleister)

Printer Friendly FormatPrinter Friendly Format
Bookmark page - BHW (Finanzdienstleister)Bookmark this page
Back to Financial enterpriseBack to "Financial enterprise"
Page modified: Saturday, June 24, 2006 10:35:27

The BHW is a German Finanzdienstleister with seat in Hameln. Since January 2006 the BHW is a daughter of the postal bank.

History

The enterprise was created 1928 in the legal form of the GmbH in Berlin. Establishment partners were the condition organizations of the German civil servants. The abbreviation BHW stood at that time for official homestead work. Today the BHW opened also for Nichtbeamte as a customer.

After the Second World War the enterprise shifted its seat in the year 1947 after Hameln.

1990 are created the BHW getting thing GmbH, which late to the BHW getting thing AG umfirmiert. 1997 go to BHW later to the stock exchange, already short time the share (WKN 522390) to the MDAX, the secondarymost important conductance index of the Frankfurt stock exchange, are taken up. With the reduction of the MDAX 2003 the BHW getting thing AG was noted in the small value index SDAX. In January 2006 the German postal bank AG submits after assumption of approx. 91% of the capital stock at the BHW getting thing AG an obligation offer for the buying up remaining in the strewing possession of the shares present, per share is to 15.04 EUR to be paid. On 9 February 2006 it becomes admits that the postal bank holds already more than 95% of the shares, why on 21 February 2006 the share of the BHW getting thing AG from the SDAX is taken (successor is the building market chain practical man here). In all probability the share is taken still in the process of the yearly 2006 by the stock exchange, after presumably already soon a Squeeze Out of the remaining small shareholders will take place.

Today the BHW building society AG apart from the support of own customers under the name BHW credit center takes over also the administration of the customers of other mortgage banks and building societies (so-called credit processing as outsourcing service).

Company structure

The associated company of the BHW is the BHW getting thing AG and contains the following subsidiary companies, conditions January 2006:

  • BHW building society AG
  • BHW bank AG
  • BHW life insurance AG
  • BHW real estates GmbH
  • BHW Invest GmbH Frankfurt
  • easyhyp GmbH
  • BHW direct service GmbH
  • BHW pension fund AG
  • Blue pyramid building society Prague (MPSS a.s.) (Czech republic)
  • BHW Birla Home Finance Ltd. Again Delhi (India)

Owner structure

Large shareholder was until December 2005 with 39,8% of the share capital the holding company of the trade unions (BGAG). Thus the trade unions had relevant influence on the enterprise. Further large shareholder was the civil service association with 36,6% of the share capital. Already in March 2005 the postal bank 9.2% of the portions of the ERGO group of insurance transferred. On 25 October 2005 the postal bank announced to take over the 76.4% the BGAG and the civil service association. The Closing took place in January 2006, after in November/December 2005 the marode AHBR was extracted from the BHW company, which condition of the postal bank bosses for this transaction was.

Related links


Printer Friendly FormatPrinter Friendly Format
Back to topBack to top
Back to Financial enterpriseBack to "Financial enterprise"

Articles in category "BHW (Finanzdienstleister)"

We found here 4 articles.

B

» Barclaycard
» Berkshire Hathaway
» BHW (Finanzdienstleister)
» Blackstone Group

Back to topBack to top
Back to Financial enterpriseBack to "Financial enterprise"

Related Websites

We found here 6 related websites.

Back to topBack to top
Back to Financial enterpriseBack to "Financial enterprise"
Page cached: Wednesday, July 5, 2006 23:44:32
Valid XHTML 1.0!  Valid CSS!
Page copy protected against web site content infringement by Copyscape