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Oberbank is Expanding

Published: January 19, 2011; 00:15 · (Vindobona)

Oberbank boss Franz Gasselberger has big plans. The branch network will be expanded this year by eight new branches to 150. The banker’s focus of expansion is Vienna.

Oberbank is Expanding / Picture: © Oberbank AG / STRADEGY.at (2017)

The Upper Austrian regional bank based in Linz was able to present record results for the year 2010. The operating result rose to € 218m (+19.3%), the annual surplus grew by 24.4% to € 114.5m. The credit volume grew by 5.4% to € 8.4bn. The Oberbank declares itself to be the leader among the regional banks in the area of export credits.

The CEO, Franz Gasselsberger, has…

This article includes a total of 165 words.

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