Back Hypo Alpe Adria German Hypo Group Alpe Adria Spanish هایپه آلپی آدریا بنک Persian Hypo Group Alpe Adria French Hypo Group Alpe Adria Italian Hypo Group Alpe Adria Serbo-Croatian Hypo Group Alpe Adria Albanian
 Former Hypo Alpe-Adria-Bank logo | |
| Formerly | Hypo Alpe-Adria-Bank International |
|---|---|
| Company type | state-owned enterprise |
| Industry | Financial services |
| Founded | 1896 2014 (spin off) |
| Successor |
|
| Headquarters | 1 Alpen-Adria-Platz, , Austria |
| Services | former bank under resolution |
 €6.714 billion (2016) | |
| Total assets |  €10.788 billion (2016) |
| Total equity | €997 million (2016) |
| Owner | Austria (100%) |
| Subsidiaries |
|
| Website | heta-asset-resolution.com |
| Footnotes / references in a consolidated financial statement[1] | |
Heta Asset Resolution A.G. is a "bad bank" that was the residual asset of the original Hypo Alpe-Adria-Bank International A.G., which was dismantled in 2014. It was owned by the Government of Austria.
The bad bank contained the leasing subsidiary of former Hypo Alpe-Adria-Bank Group in Austria, Italy, Bulgaria, Serbia, Montenegro and North Macedonia[2] but not in Bosnia and Herzegovina, Croatia and Slovenia, which were transferred to the "good bank".[3]
In the past Hypo Alpe-Adria-Bank International was also active in Austria, Germany, Italy, Bulgaria, Hungary and Ukraine.[4] However, due to the European debt crisis, the group was split into HBI-Bundesholding AG (consisting of the subsidiary Hypo Alpe-Adria-Bank S.p.A.; Italy), the Balkan banks (Hypo Group Alpe Adria AG; now Addiko Bank) and a bad bank, Heta Asset Resolution AG (ex-Hypo Alpe-Adria-Bank International AG) in 2014. The leasing subsidiaries of the former Hypo Alpe-Adria-Bank International in Italy, Bulgaria, Serbia, Montenegro and North Macedonia were retained in the bad bank.[5] The Austrian branches were sold in 2013 (now Austrian Anadi Bank).
- ^ "2016 Annual Report" (PDF). Heta Asset Resolution. 20 April 2017. Retrieved 8 May 2017.
- ^ "2015 Annual Financial Report" (PDF). Heta Asset Resolution. 29 April 2016. Retrieved 1 May 2016.
- ^ "2014 Konzern-Geschäftsbericht" [2014 Annual Report] (PDF) (in German). Hypo Group Alpe Adria. 28 May 2015. Archived from the original (PDF) on 2 March 2016. Retrieved 21 February 2016.
- ^ "Group Structure: Material Subsidiaries as of 31.12.2012". Hypo-alpe-adria.com. May 5, 2013. Archived from the original on May 2, 2013.
- ^ "2014 Annual Financial Report" (PDF). Heta Asset Resolution. 26 June 2015. Retrieved 21 February 2016.[permanent dead link]
© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search