Volksbank Group
The Volksbank Group is an Austrian group of cooperative banks including the affiliated specialist banks and other service companies inside and outside Austria.
The Volksbank Group consists of the Volksbanks and, until July 4, 2015, the Volksbank AG Group (VBAG for short) and its subsidiary banks abroad. In July 2015, ÖVAG became a wind-down company, withdrew its banking license and left the association. Volksbank Wien-Baden took over the central functions of VBAG.
Volksbank primary level
Mergers since 2013
At the end of the merger wave, there will only be eight regional Volksbanks. In January 2015, 12 of 41 institutes had not yet convened a general meeting to pass the merger resolutions. ÖVAG threatened to discontinue its services (payment transactions, securities processing, ...) if they wait any longer. Volksbank Landeck was among those who refused. However, the financial market regulator and finance ministers informed her that she could not leave the sector as planned.
The Volksbanken Osttirol Westkärnten, Almtal, Horn, Marchfeld, Gmünd, Bad Hall and the Apothekerbank had originally resisted the merger. By the end of March 2015, however, all mergers should now be resolved.
In the course of the restructuring and liquidation of ÖVAG, there were mergers of Volksbanks:
- Formation of Volksbank Obersteiermark in October 2013 from Volksbank Aichfeld-Murboden, Volksbank Enns- und Paltental and Volksbank Mürzal-Leoben.
- The Volksbank Osttirol West Carinthia originated from the People's Bank East Tyrol and Volksbank Gailtal (merger resolution 10 and 13 June 2013).
- The Volksbank Wien-Baden was created from the merger of Volksbank Wien with Volksbank Baden in 2013 and its merger with Gärtnerbank 2014. decided in August 2015, the Volksbank Wien-Baden the acquisition of Volksbank Ost (Schwechat) and Volksbank Oberndorf-Wolkersdorf-German -Wagram.
- Volksbank Niederösterreich St. Pölten-Krems-Zwettl , merged from Volksbank Krems-Zwettl and Volksbank Niederösterreich-Mitte (May 2014).
- Merger of Volksbank Weinviertel and Volksbank Laa to form Volksbank Weinviertel (decided in June 2014).
- Volksbank Steiermark Mitte , amalgamated from the Volksbanken Graz-Bruck, Weiz district and Southern and Western Styria (July 2014). In March 2016, the Volksbank Südoststeiermark and Obersteiermark will also join.
- The People's Bank Upper Austria-North should in May 2015 Volksbank Schärding-Altheim-Braunau, merged from the Volksbank Schärding and Altheim-Braunau (summer 2014) and Volksbank Linz-Wels-Mühlviertel are formed. Finally, the merger took place in September 2015 and the new bank is now called Volksbank Oberösterreich . In May 2016 the Volksbank Vöcklabruck-Gmunden and Eferding-Grieskirchen were added. In addition, Volksbank Almtal is to be taken over in 2017.
- The Volksbanken Alpenvorland, St. Pölten-Krems-Zwettl and Donau Weinland should merge by April 2015. The merger was registered with the federal competition authority in February 2015 and took place on September 1, 2015.
- The Volksbank Salzburg was merged in August 2015, the People's Bank Strasswalchen-Vöcklamarkt-Mondsee.
- In Tyrol, the Volksbanks Landeck, Kufstein and Innsbruck-Schwaz are to merge.
- In Carinthia, Volksbank Kärnten Süd, Volksbank Oberkärnten, Volksbank Feldkirchen and Volksbank Gewerbe- und Handelsbank Kärnten joined forces.
The two Sparda banks (Sparda-Bank Austria Nord, Sparda-Bank Austria Süd) announced their merger to form Sparda-Bank Austria in December 2015 , and it was completed in March 2016. In April 2017, the merged Sparda-Bank became Volksbank Vienna brought in.
List of regional people's banks
serial no. | Surname | founding | Seat | Predecessor institutes |
---|---|---|---|---|
1 | Volksbank Kärnten eG | 2016 | Klagenfurt am Wörthersee |
|
2 | Volksbank Niederösterreich AG | 2015 | St. Polten |
|
3 | Volksbank Oberösterreich AG | 2015 | catfish |
|
4th | Volksbank Salzburg eG | 2015 | Salzburg |
|
5 | Volksbank Steiermark AG | 2016 | Graz |
|
6th | Volksbank Tirol | 2016 | innsbruck |
|
7th | Volksbank Vorarlberg e.Gen. | 1888 | Rankweil | |
8th | Volksbank Wien AG | 2001 | Vienna | Renamed from Volksbank Wien-Baden AG with effect from November 3, 2015
|
Association of Volksbanks
The banks of the primary level and the Österreichische Volksbanken-AG merged in 2012 to form an association of credit institutions in accordance with 30a BWG and have since formed a liability and liquidity association. With the approval of the Austrian Financial Market Authority on September 18, 2012, the Association of Credit Institutes (Volksbanken-Verbund) became legally effective. The association of Volksbanks was a condition for the restructuring measures for ÖVAG, supported by the Austrian state .
In January 2013, the association consisted of 51 regional Volksbanks, 6 specialist banks (Apothekerbank, Ärztebank, Gärtnerbank, IMMO-Bank, Sparda-Bank Austria Nord (Linz), Sparda-Bank Austria Süd (Villach / Innsbruck)), 4 house credit cooperatives, the start : bausparkasse and Österreichische Volksbanken-Aktiengesellschaft (ÖVAG). However, the number of institutes has since been reduced through mergers.
Volksbank Osttirol-Westkärnten leaves the company
Volksbank Osttirol-Westkärnten merged with Volksbank Gmünd in November 2015. The two banks separated from the Volksbanken-Haftungsverbund for a one-off release amount of 8 million euros . The merged bank is called DolomitenBank Osttirol-Westkärnten .
Predecessor banks were:
Surname | founding | Seat | Predecessor institutes |
---|---|---|---|
Volksbank Osttirol-Westkärnten eG | 2014 | Lienz |
|
Volksbank Gmünd | Gmünd in Carinthia |
Volksbank Marchfeld leaves the company
Contrary to the original resolution to integrate Volksbank Marchfeld into Volksbank Wien, it was announced at the end of November 2016 that Volksbank Marchfeld would leave the Volksbanken-Haftungsverbund. Since then it has operated under the Marchfelder Bank brand .
The Republic of Austria joins Volksbank Vienna
In order to secure the state participation capital granted to the Volksbank Group in the amount of 300 million euros, the Republic of Austria (federal government) invested 25% plus one share in Volksbank Wien. The entry that took place in September 2015 was free of charge for the federal government and, if repaid, there will be an exit again.
Individual evidence
- ↑ Volksbank AG group report with integrated Corporate Responsibility Report 2009 (PDF; 2.6 MB) accessed on May 22, 2010
- ^ Restructuring - Volksbank Wien-Baden. In: http://www.vbwienbaden.at . Archived from the original on November 7, 2015 ; Retrieved October 3, 2015 .
- ↑ a b “Wave of mergers at Volksbanks: Gärtnerbank to Volksbank Wien-Baden”, Wirtschaftsblatt ( Memento from July 28, 2014 in the Internet Archive ), July 23, 2014.
- ↑ "ÖVAG Board of Management puts Volksbanker under pressure", Der Standard 23 January 2015
- ↑ “Volksbank merger: no disengagement”, Der Standard March 9, 2015
- ^ "Volksbank merger: Everyone is there", Der Standard , March 13, 2015
- ↑ Volksbank Obersteiermark: About us ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed January 24, 2015.
- ↑ Kleine Zeitung of June 28, 2013: "Volksbank: Three banks become one"
- ↑ a b Volksbank Osttirol-Westkärnten
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Federal competition authority: Volksbank Wien AG / Volksbank Baden e.Gen.
- ↑ Federal competition authority: Volksbank Wien-Baden / Gärtnerbank
- ^ Volksbank Wien: Donnerbauer supervisory board chief , the standard August 7, 2015
- ↑ http://www.vbnoe.at/ihre-regionalbank
- ↑ Federal competition authority: Volksbank Krems-Zwettl AG / Volksbank Niederösterreich-Mitte
- ^ APA OTS: Merger of the Volksbanken Weinviertel and Laa decided
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Federal competition authority: Volksbank Graz-Bruck / Volksbank for the Weiz district / Volksbank for southern and western Styria
- ↑ Kleine Zeitung GmbH & Co KG: After ÖVAG bankruptcy - merger: "Volksbank Steiermark Mitte" is created. In: Small newspaper. March 2, 2016, accessed March 4, 2016 .
- ^ "Next merger at the Volksbanken: Soon 'Volksbank Oberösterreich-Nord'", Nachrichten.at 15 July 2014
- ↑ Volksbank Schärding-Altheim-Braunau: Two strong regional banks join forces ( memento of the original from July 15, 2014 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Volksbank Oberösterreich is taking shape , nachrichten.at, September 26, 2015
- ↑ Volksbank Oberösterreich started large mergers. In: www.nachrichten.at. January 22, 2016. Retrieved January 22, 2016 .
- ^ Merger of Volksbank Vöcklabruck-Gmunden e.Gen. | Volksbank. In: https://www.volksbank.at/ . Retrieved September 3, 2016 .
- ↑ Tiroler Tageszeitung Online: Volksbank Almtal goes to Volksbank Oberösterreich for EUR 8.6 million | Tiroler Tageszeitung Online news from now! August 30, 2016, archived from the original on October 11, 2016 .
- ^ "Volksbank merger is progressing", noen.at December 29, 2014
- ↑ Federal competition authority: Volksbank Niederösterreich St. Pölten Krems-Zwettl AG; Volksbank Alpenvorland e.Gen .; Volksbank Donau-Weinland registered limited liability cooperative , BWB / Z-2576, dated February 5, 2015
- ^ "Volksbank is still growing", noen.at May 19, 2015
- ↑ a b c “The bank wedding went off without any problems”, noen.at
- ^ History of the Volksbank Salzburg
- ^ "Tiroler Volksbanken vote on a given merger", Tiroler Tageszeitung February 24, 2015
- ↑ Volksbank Gewerbe- und Handelsbank Kärnten eGen; Volksbank Kärnten Süd e.Gen .; VOLKSBANK OBERKÄRNTEN reg.Gen.mbH; Volksbank Feldkirchen eG. In: www.bwb.gv.at. January 22, 2016, accessed March 4, 2016 .
- ↑ Sparda banks in Linz and Villach merge | Tiroler Tageszeitung online - news from now! In: Tiroler Tageszeitung Online. Retrieved March 18, 2020 .
- ↑ FAQs on the merger of Sparda. (No longer available online.) Sparda, January 29, 2016, archived from the original on February 5, 2016 ; accessed on June 11, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Sparda Bank Austria merges with Volksbank Wien. In: kurier.at. March 13, 2017. Retrieved December 29, 2017 .
- ↑ https://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2017/Seiten/BWB_Z-3426.aspx
- ↑ [1] , accessed on January 24, 2014
- ↑ Consistent values, new ways , Volksbank Kärnten; Commercial register entry on April 5, 2016
- ↑ Volksbank GHB Kärnten AG - About us ( Memento of the original from February 26, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed February 26, 2015.
- ↑ Volksbank Kärnten Süd e.Gen. - About us , accessed on February 26, 2015.
- ↑ - ( Memento of the original from April 16, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ - ( Memento of the original from April 16, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3103.aspx
- ↑ “Bank wedding worked without any problems” , noen.at, September 28, 2015, accessed on October 17, 2015
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3104.aspx
- ↑ - ( Memento of the original from February 26, 2015 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.noen.at/nachrichten/lokales/aktuell/tulln/Fusion-Volksbank-holt-Aerzte;art2433,691269#
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3010.aspx
- ↑ http://www.vb-ooe.at/m101/volksbank/m075_44800/de/produkt/volksbank_oberoesterreich.jsp
- ↑ Austrian Cooperative Association (Schulze-Delitzsch): Annual Report 2010 , p. 2
- ↑ [2]
- ↑ “Merger of the Volksbanks in progress” , orf.at, September 25, 2015, accessed on September 30, 2015.
- ↑ Volksbank Schärding-Altheim-Braunau: Two strong regional banks join forces ( memento of the original from July 15, 2014 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.ried.volksbank.at/ihre-regionalbank/wir-ueber-uns
- ↑ http ://www.mein Bezirk.at/linz/wirtschaft/volksbanken-etzen-fusion-fort-d1492565.html
- ↑ a b http://www.ots.at/presseaussendung/OTS_20160523_OTS0023/fusion-der-volksbank-voecklabruck-gmunden-egen-mit-der-starken-volksbank-oberoesterreich-ag-auch-technisch-erverbindreich-laufen
- ↑ - ( Memento of the original from April 16, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Oberösterreichische Nachrichten: After years of problems, Volksbank turns the trend . ( nachrichten.at [accessed on September 8, 2017]).
- ^ History of the Volksbank Salzburg - Volksbank Salzburg. In: http://www.volksbanksalzburg.at/ . Retrieved October 2, 2015 .
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3107.aspx
- ↑ http://www.volksbanksalzburg.at/m101/volksbank/m007_45010/de/individuelle_seite/bankprofil/geschichte.jsp
- ↑ https://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2017/Seiten/BWB_Z-3414.aspx
- ^ "Next merger at Volksbanks: Soon 'Volksbank Oberösterreich-Nord'" Nachrichten.at, July 15, 2014
- ^ Volksbank Steiermark Mitte AG; Volksbank Obersteiermark e.Gen .; Volksbank Südoststeiermark e.Gen. In: www.bwb.gv.at (Federal Competition Authority). March 1, 2016, accessed March 19, 2016 .
- ↑ Three Styrian Volksbanks merge. In: steiermark.orf.at. April 12, 2016, accessed November 2, 2018 .
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Kleine Zeitung of June 28, 2013: "Volksbank: Three banks become one". Kleine Zeitung , June 28, 2013, accessed June 25, 2020 .
- ↑ http://www.tt.com/wirtschaft/standorttirol/11671194-91/volksbanken-in-tirol-fixieren-heute-fusion.csp
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.volksbank-vorarlberg.at/m101/volksbank/m001_45710/de/individuelle_seite/bankprofil/impressum.jsp
- ↑ a b c VOLKSBANK WIEN AG
- ↑ - ( Memento of the original from January 28, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Federal competition authority: Volksbank Wien-Baden / Gärtnerbank
- ^ "Wave of mergers at Volksbanks: Gärtnerbank to Volksbank Wien-Baden" ( Memento from July 28, 2014 in the Internet Archive ) Wirtschaftsblatt, July 23, 2014
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3009.aspx
- ^ APA OTS: Merger of the Volksbanken Weinviertel and Laa decided
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3009.aspx
- ↑ - ( Memento of the original from October 3, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3143.aspx
- ↑ Volksbank Niederösterreich Süd - Annual Report 2013 ( Memento of the original from February 26, 2015 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed February 26, 2015.
- ↑ http://www.bwb.gv.at/Zusammenschluesse/Zusammenschluesse_2016/Seiten/BWB_Z-3142.aspx
- ^ Salzburger Nachrichten: Horn & Wien: 63rd and last Volksbank merger completed . ( sn.at [accessed on July 4, 2018]).
- ↑ VBAG and regional Volksbanks are asked about a group of credit institutions ( memento of October 4, 2013 in the Internet Archive ) on June 29, 2012
- ↑ Declaration of liability association (PDF; 173 kB)
- ↑ Volksbank Osttirol removed from Volksbank sector, becomes DolomitenBank , Tiroler Tageszeitung online from November 20, 2015, accessed on March 4, 2020
- ↑ http://www.noen.at/gaenserndorf/ Bezirk-gaenserndorf-knalleffekt-neues-geldinstitut/ 31.094.747
- ↑ Federal government takes on blocking minority at Volksbank Wien-Baden. Wirtschaftsblatt, September 25, 2015, archived from the original on September 27, 2015 ; Retrieved October 4, 2015 .