Annual Report 2010 - Muenchener Hypothekenbank eG

“You should join together with others to achieve goals you can’t attain by yourself” – our principle of cooperation based on partnership is founded on this guiding statement by hermann schultze- Delitzsch. We have aligned all of our actions with this principle ever since the münchener hypothe- kenbank was founded as a registered cooperative in 1896. With an overall goal that unites and mo- tivates us: to create lasting values. for customers, partners and investors. Joining together to build lasting values. münchener hypothekenbank eg | annUaL report 2010 04 | 05