Sponsored Content
Volksbanken Sector to Become Merged
Sponsored Content
After months of negotiations, the merger between VBAG and the 52 Volksbanken is resolved. The merger was the prerequisite for getting bank aids.

The partially nationalized VBAG and 52 Volksbanken, which acted independently until now, will become merged. According to the Austrian Federal Competition Authority (BWB), the merger was already announced. Insiders confirmed that the merger was the precondition fort he state aid of € 1.05bn in March.
The Austrian Volksbanken consists of 52 independent regional banks. The…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
CESEE: „Nothing Has Changed“ (June 26, 2012)
„ÖIAG Should Manage Banking Interests“ (June 23, 2012)
NPL of € 100bn in CEE? (June 23, 2012)
Government´s Plans on Bank Insolvency Law Failed (June 22, 2012)
Major Loss at VBI (June 15, 2012)
Sponsored Content
Read More
ISIN
AT0000755665
Featured