BHW

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BHW
private
Industry Financial services
Founded 1928
Headquarters Berlin, Germany
Area served
predominantly Germany
Services terminating deposits, mortgage loans
Parent Deutsche Postbank
Website www.bhw.de

BHW, incorporated as BHW Holding AG, is German bank providing terminating deposits and mortgage loans. It is a wholly owned subsidiary of Deutsche Postbank Group.

History[edit]

The company was founded in 1928 as Beamten-Heimstättenwerk, which roughly translates as civil servants' home (building) society, after World War II, it moved its registered office to Hameln.

In 1990, it was re-organised as BHW Holding GmbH to become BHW Holding AG later, followed by an initial public offering in 1997. In 2006, Deutsche Postbank acquired more than 90% of BHW's shares and made an offer to remaining shareholders, it finally completed the acquisition in February 2008, taking the company private.