A company of LBBW
Annual Report 2018
30 March 2019
Berlin Hyp’s result before profit transfer and before allocation to the fund for general banking risks rose by a good 18% to 221 million euros (previous year: 187 million euros). “We are very satisfied with our operating result”, says Sascha Klaus, Chairman of the Board of Management at Berlin Hyp. “Berlin Hyp has remained true to its conservative risk strategy and has not shifted its focus from financing premium real estate.
Review
Interview with Sascha Klaus
Digital achievements
Interview with Roman Berninger
Sustainable investments
Interview with Gero Bergmann
Milestones 2018 –
The Year at a Glance
Reference Projects –
Inspiration for Europe
Annual report 2018
Sascha Klaus on the 2018 financial year.
The Chairman of the Board of Management answered some questions about Berlin Hyp's role as a driver of innovation in the industry, spoke about key topics and strategies of the Bank, and described the outlook for the current 2019 financial year.
Roman Berninger on digital change.
The member of the Board of Management describes Berlin Hyp's digitalisation strategy and outlines the role of the IT system environment, possibilities for process optimisation as well as the effects on the existing business model.
Gero Bergmann on real estate financing.
The member of the Board of Management answers questions on new business in real estate financing, green financing and future developments in the German real estate financing market. He also focuses on potential risks in the real estate market.
The “Key Figures at a Glance” section presents the most important key figures for 2018 with respect to “Profit and Loss Account”, “Business Development”, “Regulatory Law Key Figures”, “Issue Ratings” and “Sustainability Ratings” of Berlin Hyp – comparing in each case with the key figures of 2017.
The “Bodies of the Bank and Other Important Functions” section gives an overview of the composition of the Supervisory Board, the Board of Management and the Supervisory Board Committees of Berlin Hyp for the full year 2018. In addition, the Cover Pool Monitor and the Deputy Cover Pool Monitors shall be named.
The “The Supervisory Board Report” section provides information about the activities of the Supervisory Board and its Committees, the Supervisory Board meetings and the participation of the Supervisory Board members, as well as about personnel matters in the Board of Management and Supervisory Board in 2018. The topics “Corporate Governance Report”, “Annual Financial Statements” and “Sustainability Report” are particularly highlighted here.
The “Corporate Governance Report” section describes the activities of the Board of Management and Supervisory Board of Berlin Hyp in accordance with the requirements of the current version of the German Corporate Governance Code (GCGC). The focus here is on particular topics such as “Close Cooperation between the Board of Management and the Supervisory Board”, “Increasing the Efficiency of the Committees” and “Transparency”. The chapter concludes with Berlin Hyp’s updated 2018 “Joint compliance declaration by the Board of Management and the Supervisory Board”.
The “Management Report” section provides a detailed presentation of Berlin Hyp’s business performance, results of operations and position in 2018. This includes information on the principals of the Bank (business model, objectives and strategies, management system) and statements on possible further developments in the form of an “Opportunities, Forecast and Risk Report”.
The “Annual Financial Statements” section presents all of Berlin Hyp’s key figures for the 2018 financial year – including the annual balance sheet and a profit and loss account. The annual financial statements thus give a reliable picture of Berlin Hyp’s financial situation and success in 2018.
In the “Service” section, a list of the most important abbreviations can be found, to make reading Berlin Hyp’s Annual Report 2018 easier. In addition, there is a directory of Berlin Hyp addresses as well as contact persons at the Bank.
