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Oberbank to Expand in Hungary
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The Austrian regional banks plans to open new branches in Hungary
Oberbank to Expand in Hungary / Picture: © Vindobona.org
According to Oberbank´s board member Josef Weißl, the Upper-Austrian bank will strengthen its market presence in Hungary. A detailed plan does not exist yet. Oberbank´s management underlined that lay-offs and shutdowns by other banks would bring a big potential in new customers.
Last year, Oberbank recorded only minor losses of € 0.2m in Hungary. Since 2008, Oberbank…
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