Schelhammer Capital Bank AG is the private and investment bank in the Grazer Wechselseitige Versicherung AG (GRAWE) group. Together with the Bank Burgenland, it forms the GRAWE banking group. The insurance company was founded in 1828 by Archduke Johann as a fire insurance company. Before establishing the company, he experienced first-hand how a huge, devastating fire destroyed the existence of several generations in the blink of an eye. This was all the reason he needed to create a solution by founding a fire insurance company. More or less simultaneously, in 1832, what is today the oldest private bank in Vienna was founded by the merchant C. M. Perisutti. Over almost two centuries, Schelhammer & Schattera has shown time and again that even the heaviest blows can be overcome. The bank has transformed economic crises, fires and even two World Wars into reconstruction and progress. For example, hospitals and schools run by religious congregations were constructed. Last but not least, the bank was also substantially involved in the reconstruction of St. Stephen’s Cathedral.
In keeping with the tradition of the founding father of the GRAWE, to this today a direct descendent, Dr. Philipp Meran, represents the company founder as president of the supervisory board of the GRAWE, the Grazer Wechselseitige Versicherung AG. Behind the group, an association ensures independence based on reciprocity.
The Schelhammer Capital subgroup includes the online broker DADAT, BK Immo as an initiator of freehold apartments and building owner/developer models, and Security Kapitalanlage AG as a fund company of the group. In addition, Schelhammer Capital also holds a 10% share in Bank99, which operates throughout Austria.
Schelhammer Capital Bank AG is intended for wealthy private individuals, families and foundations as well as companies and institutional clients, for all issues related to asset investment. What is more, we also offer inexpensive portfolio and account management via “die plattform” for clients of free financial service providers.
In Grazer Wechselseitige Versicherung AG, we have a solid, strong and above all reliable owner. Thanks to the independence of the GRAWE group since its founding in 1828, we are able to operate freely and in line with market requirements. The boards of the GRAWE group support us as supervisory boards.