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CIBP Member Organization |
Volksbank International AG
The banks of Volksbank Group (primary stage) are regional cooperative banks enjoying a more than 150 years’ tradition.
Back in the year 1991, Österreichische Volksbanken AG (VBAG) became one of the first banks to initiate an expansion drive in the promising Central and Eastern European growth markets, setting up a subsidiary bank in Slovakia.
Today, Vienna-based Volksbank International AG (VBI), of which a majority shareholding is owned by VBAG, manages a successful and expanding Bank Network consisting of more than 450 sales outlets in 9 Central and Eastern European countries (CEEC): Slovakia, Czech Republic, Hungary, Slovenia, Croatia, Romania, Bosnia-Herzegovina, Serbia and, since January 2007, the Ukraine. Since the end of 2004, both DZ BANK AG / WGZ BANK AG (Germany) and Banque Fédérale des Banques Populaires (France) have each held a 24.5% shareholding in VBI.
The international network of VB AG is complemented by a branch office in Malta. Furthermore, customers can take advantage of the know-how provided by specialised VB AG companies in the fields of complex, long-term corporate financing, public sector financing, factoring, real estate, leasing and insurance transactions. Our customers are also optimally serviced in Switzerland and Lichtenstein by subsidiary banks of Voralberger Volksbank.
The “one-stop finance bank” is based on five segments – Corporate Finance, Public Finance, Retail Banking, Real Estate and Financial Markets. |