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ePaper created 2015-04-21, 16:47:46 | version 1.37.0
Trust can’t be found among the figures on a balance sheet, and yet it is indispensable for doing business successfully. Trusting in the strength of working together to achieve an objective led to the founding of the first cooperative banks over 150 years ago. Today, the Cooperative Financial Network, which MünchenerHyp also belongs to, is one of the main pillars of the German credit sector. Its distinguishing char- acteristic is its cooperative solidarity marked by mutual trust and unity. The principles of cooperative values guide our relationships with our members, customers and the general public – as well as our day-to-day activities with each other here at MünchenerHyp. The best solutions are found together. MünchenerHyp’s Board of Management, Bernhard Heinlein (2nd from left), Dr. Louis Hagen, Spokesman (2nd from right), and Michael Jung (right) with the Chairwoman of the Works Council, Barbara von Grafenstein (centre), and the Chairman of the Executive Employees Committee, Dr. Peter Knorr (left).