Julius Meinl I opened up the first coffee roasting shop and his first grocer’s shop in Vienna’s First District.
By this year, the name Julius Meinl stood for the largest grocery group in the Austro-Hungarian Monarchy. With 1200 business locations and 63 factories, this group retained its importance in the successor states to the monarchy. The company constantly broadened its business base.
Julius Meinl II established the SPAR- und KREDITVEREIN der FREUNDE & ANGESTELLTEN der JULIUS MEINL AG as a credit cooperative. This institution was obligated to promote this purpose of association in every way possible and was entitled in particular to accept, pay interest on and manage savings deposits at the branches of Julius Meinl.
Liquidation of the credit cooperative in the Third Reich.
Re-founding of SPAR- und KREDITVEREIN by Julius Meinl III and resumption of its business activities with a license to conduct savings deposit business in the branches of the Meinl Group.
Acquisition of BANKHAUS BRUNNER & Co. KG.
Merger of SPAR- und KREDITVEREIN with BANKHAUS BRUNNER & Co. KG to create MEINL BANK.
Julius Meinl V took over at the helm of MEINL BANK with a vision of transforming it into a private and investment bank based on the Anglo-Saxon model.
Establishment of Citation S.A., Zurich, as a finance management company. In this year, the Meinl Bank Group had subsidiaries and offices in seven countries and representative offices in seven additional countries.
MEINL BANK was converted into a corporation. The same year saw the founding of the investment company JULIUS MEINL INVESTMENT and the launch of the first investment funds: Capitol 1, Capitol 2, Julius Meinl Investment, and Wall Street Capital.
The Bank moved its headquarters in downtown Vienna from Kärntnerring 2 to Bauernmarkt 2 (Stephansplatz).
Steady expansion of institutional asset management and M & A business.
The Bank established yet another line of business: Debt Capital Market.
An “Institutional Center" was set up in Graz to provide support for the investment activities of our institutional clients.
MEINL BANK began the third millennium by launching on-line investing.
Meinl Success Finanz AG is founded as a wholly-owned subsidiary of Meinl Bank and is an Austrian investment company. Corresponding to the extent of the licence issued to it by the Austrian Financial Market Authority, it is a financial investment advisory and brokering company. In this function it acts as a link between Meinl Bank AG and the independent sales partners.