Bank Hugo Kahn – was founded in 1923 by Hugo Kahn. This is small bank still owned by the Kahn family. The bank focuses on the traditional business of wealth management and of professional investment advice for private investors. Bank Hugo Kahn follows its strategy of low risks and long term orientation. The main areas of work of the bank are wealth management and investment advice – tax and legal advice, especially for EU residents, securities and foreign exchange dealings, financial and market analysis, execution of stock market transactions worldwide, trading in alternative instruments (hedge funds, derivatives and structured products and private equity), industry analyses (banking, insurance, food industry, technology, medicine, pharmaceuticals, mechanical and electrical engineering, chemicals, etc).
| Year | Equity | Capital | Reserves | Balance |
|---|---|---|---|---|
| 2002 | 15,200 | 10,000 | 5,200 | 43,246 |
| 2003 | 15,200 | 10,000 | 5,200 | 45,231 |
| 2004 | 15,300 | 10,000 | 5,300 | 46,781 |
| 2005 | 15,400 | 10,000 | 5,400 | 50,347 |
| 2006 | 15,600 | 10,000 | 5,600 | 44,394 |