Unicredit Bank AG with its Hypovereinsbank (HVB) brand is a German credit institution based in Munich. Unicredit Bank AG has been a subsidiary of the Italian major bank and holding company Unicredit since 2005.
Unicredit Bank is active in Germany, focusing on private and corporate banking, customer-related capital market activities and private banking (also known as wealth management). It is a mixed mortgage bank, so that it operates the entire banking business under the Hypothekenbank Act as a universal bank and, as a mortgage bank, is also authorized to issue Pfandbriefe. The company is a member of the Cash Group.