BHW
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(Redirected from Beamten Heimstätten Werk)
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| Type | private |
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| Founded | 1928 |
| Headquarters | Berlin, Germany |
| Area served | predominantly Germany |
| Industry | Financial services |
| 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.
[edit] History
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.
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