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EANS-News: Hypoport AG
Dr. Klein brings its professional strengths to bear in the mortgage finance market/ Transaction volumes & number of advisers

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Company Information


Berlin, 20 January 2012 (euro adhoc) - The Private Clients segment of Dr. Klein
& Co. AG starts the new year in a position of strength. Its strategy of
delivering impartial and comprehensive advice on all aspects of mortgage finance
fuelled strong growth in both transaction volumes and the number of advisers in
2011. The success of this strategy enabled Dr. Klein to recruit 99 new advisers
- an increase of 18 per cent to a total number of 643. The volume of loans
brokered increased by 18 per cent over the same period, while the total value of
insurance brokered jumped by 45 per cent. 

Dr. Klein & Co. AG made a valuable contribution to the growth achieved by the
Private Clients business in the Hypoport Group. Last year this business unit
generated a total transaction volume of some EUR3.86 billion from loan
brokerage, which constituted a year-on-year increase of 24 per cent (2010:
EUR3.10 billion). Growth in the volume of transactions across all insurance
products was even stronger, surging by 88 per cent to EUR27.5 million (2010:
EUR14.6 million). Stephan Gawarecki, the chief executive officer (CEO) of Dr.
Klein & Co. AG, commented on these impressive results: "Mortgage finance
products have been one of our company's core competences since 1954. The latest
figures show that this capability is paying dividends at a time when Germany's
real-estate market is booming. But even leaving aside the factors currently
impacting on this business, our holistic advisory model is proof positive that
today's homeowners are increasingly looking for one-stop solutions that offer
them advice on loans, investments and insurance." 

Dr. Klein is the go-to provider of mortgage finance products

Last year saw the Dr. Klein brand continue to strengthen its position in the
mortgage finance market. This was clearly illustrated by the fact that the
Hypoport Group expanded its volume of transactions from EUR2.73 billion in 2010
to EUR3.46 billion in 2011. The growth generated by building finance products
demonstrates even more impressively how Dr. Klein has established a firm
foothold in the market for home loans. The volume of building finance
transactions originated in 2011 jumped to EUR73.1 million (2010: EUR36 million),
which represented a year-on-year increase of 103 per cent. There was generally
less demand for loans for small-ticket purchases in Germany last year.
Consequently, the volume of personal loans brokered contracted slightly to
EUR319.8 million (2010: EUR339.2 million). 

Dr. Klein is the provider of choice for independent insurance solutions

By optimising many clients' insurance portfolios, Dr. Klein helped generate
strong growth across all insurance products. The transaction volume of health
insurance products of the Hypoport Group surged by 103 per cent to EUR14.1
million (2010: EUR6.9 million). The volume of investments and life insurance
brokered jumped by 77 per cent to EUR11.5 million (2010: EUR6.5 million).
General insurance - the smallest of the product segments - also generated
substantial year-on-year growth of around 59 per cent, expanding its transaction
volume from EUR1.2 million in 2010 to roughly EUR1.9 million in 2011.  

Holistic advisory approach lowers costs and provides greater peace of mind for
homeowners

These trends show that Dr. Klein also managed to strengthen its position in the
insurance market for homeowners in 2011. However, the company offers more than
just general insurance that is directly associated with property purchases. As a
mortgage finance expert, Dr. Klein adopts a holistic advisory approach that
emphasises the importance of being adequately insured against sickness and
incapacity to work. "By seeking the right advice, homeowners can gain peace of
mind and, in many cases, reduce their borrowing and insurance costs", stressed
Gawarecki, referring to the comprehensive package of advice offered by Dr.
Klein. This advisory approach focuses on the client's needs rather than on
particular products. All products around loans, insurance and investments are
harmonised and optimised and are tailored to the client's individual situation.
These one-stop advisory solutions are ideally suited to clients who either
already own, or are looking to buy, property. This harmonisation of insurance
policies often enables customers to save money that can be used to repay loans. 

Information on Dr. Klein
Dr. Klein is an independent provider of financial services for private and
corporate clients. It offers personalised solutions for private clients' full
range of financial needs. Around 650 specialists deliver impartial and
comprehensive advice over the internet and at more than 180 branches on issues
such as current accounts, deposits, insurance, investments, mortgages and
personal loans.

Dr. Klein & Co. AG has been a major financial service partner to housing
companies, local authorities and commercial property investors since 1954. It
provides its institutional clients with a fully integrated service comprising
expert advice and customised solutions in the areas of financial management,
portfolio management and insurance for business customers. 
Its client-focused advisory expertise and close, longstanding relationships with
all leading banks and insurance companies ensure that its customers always have
quick and easy access to the best financial services. Dr. Klein is a wholly
owned subsidiary of Hypoport AG, an online financial service provider that is
listed on the Frankfurt Stock Exchange.


Further inquiry note:
Michaela Reimann
Group Communications Manager
Telefon: +49 (0) 30 42086 1936
E-Mail:  michaela.reimann@hypoport.de

end of announcement                               euro adhoc 
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company:     Hypoport AG
             Klosterstraße 71
             D-10179 Berlin
phone:       +49(0)30 42086-0
FAX:         +49(0)30 42086-1999
mail:         ir@hypoport.de
WWW:         http://www.hypoport.de
sector:      Financial & Business Services
ISIN:        DE0005493365
indexes:     CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English

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