VBAG Group Network
Volksbank AG is one of Austria’s leading providers of financial services. Founded in 1922 as the central institution of the local credit co-operatives, the bank has traditionally played a key function as a partner to the Austrian business community – in particular for small and medium-sized enterprises. In addition to Corporates the Group´ s business segments also include Retail, Real Estate Financing and Financial Markets. In 1991 VBAG was one of the first Austrian banks to expand its operations to central and eastern Europe. Together with its member banks (local credit co-operatives) and ABV Bausparkasse, a building and loan association, VBAG Group forms the Volksbank Group.
The member banks are credit co-operatives which are deeply rooted in their local markets and service their core target groups of small and medium-sized enterprises and private customers by offering a full range of banking services. Maintaining about 600 branches they ensure the provision of local banking services throughout Austria. At an international level Volksbank International´s subsidiary banks also strive to ascertain the regional provision of financial services. With a total of 609 sales outlets, Volksbank International ensures customer proximity in 9 central and eastern European countries.
The member banks are credit co-operatives which are deeply rooted in their local markets and service their core target groups of small and medium-sized enterprises and private customers by offering a full range of banking services. Maintaining about 600 branches they ensure the provision of local banking services throughout Austria. At an international level Volksbank International´s subsidiary banks also strive to ascertain the regional provision of financial services. With a total of 609 sales outlets, Volksbank International ensures customer proximity in 9 central and eastern European countries.
