Oberbank to Expand in Hungary

Published: September 5, 2012; 18:32 · (Vindobona)

The Austrian regional banks plans to open new branches in Hungary

Oberbank to Expand in Hungary / Picture: © Flickr

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…

This article includes a total of 129 words.

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