Hypo Alpe-Adria-Bank S.p.A. also known as HBI was an Italian bank based in Tavagnacco, in the Province of Udine, Friuli – Venezia Giulia region.

As at 31 December 2014, Hypo Italy was a subsidiary HBI-Bundesholding A.G., a Vienna-based sub-holding company for the government of Austria.

Former chairman Johannes Leopold Proksch, vice-chairman Rainer Sichert, director Lorenzo Snaidero and Stephan Holzer were all fined by the Bank of Italy.

[3] Italian Guardia di Finanza also started an investigation on the former leasing department on possible overcharging interests from the borrower in October 2014.

[2] In 2016, the bank also made an open invitation to submit expression of interest to acquire the branches and performing mortgage portfolio.