Russia Reaches for Volksbank International

Published: December 15, 2010; 21:01 · (Vindobona)

VBI, the holding company for the Eastern interests of the Österreichischen Volksbanken, is for sale. Russian parties are interested.

Russia Reaches for Volksbank International / Picture: © Wikipedia / 718 Bot

The daily newspaper “Der Standard” reports on Russian buyers interested in Volksbank International (VBI). The Österreichische Volksbanken, (ÖVAG) wants to sell its stake of 51% of the VBI in full. The other shareholders of the VBI, the German DZ group and the French Banques Populaires are also willing to sell. The two minority shareholders have a share of 24.5%…

This article includes a total of 209 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Russia Reaches for Volksbank International

VBI, the holding company for the Eastern interests of the Österreichischen Volksbanken, is for sale. Russian parties are interested.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.