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Iran-Deal - Austrian Oberbank Distances Itself from Framework Credit Agreement with Tehran
Only last year, the Upper Austrian Oberbank was the first European bank to sign a framework credit agreement with Iran. After the USA's withdrawal from the nuclear treaty, the bank is now under pressure and intends to wait and see. The bank says it could certainly take two weeks for a final solution to be found and officially agreed.
May 11, 2018
Austrian Oberbank Shines in Hungary
Austrian Oberbank bucks the trend of terminating business activity in Hungary. Instead, the financial institute plans on growing in one of the most difficult markets in Europe.
May 22, 2014
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Oberbank: Slow Expansion Strategy to be Continued
The Austrian regional bank starts to enter the stage in two German states. The net income has reached a new record level.
April 2, 2014
Oberbank Continues Expansion Strategy
The Austrian regional bank considers Vienna and the Czech Republic as potential growth markets.
January 17, 2014
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Bank Levy: Austrian Regional Banks Under High Pressure
The Austrian government will raise the bank levy significantly. Smaller banks have to perform disproportionately high taxes, Oberbank´s CEO Franz Gasselsberger says.
January 16, 2014
Bad Bank for Hypo Group?
According to market rumors, Austria´s government wants domestic banks to participate in a bad bank for the nationalized Hypo Group. Finance Minister Maria Fekter denies such reports.
August 5, 2013
Stock Exchange Ranking: Kapsch Has First Place
No other company has managed the crisis better than the Austrian toll system company, Contrast Management Consulting says.
September 14, 2012
Oberbank to Expand in Hungary
The Austrian regional banks plans to open new branches in Hungary
September 5, 2012
Dispute Over Bank Taxes
In Austria, only 82 of 787 banks have to pay bank taxes. Above all, the Raiffeisen sector and the Volksbanken sector are excluded.
August 2, 2012
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Oberbank: Lending Business Grows
The Linz-based Oberbank has achieved strong results in the first half year of 2012. Profits remained stable.
August 1, 2012
Oberbank: Substantial Rise in Earnings
The regional banks Oberbank and BTV achieved a rise in profit in the first quarter of 2012. BKS recorded stable results.
May 25, 2012
Oberbank Aims For „Organic Growth“
The Upper-Austrian regional bank continues its growth course and underlines its financial stability and independence.
April 6, 2012
Oberbank: High Earnings, Low Expectations
The Upper-Austrian regional bank achieved strong results in 2011. Nevertheless, expectations for 2012 are decent.
April 3, 2012
Raiffeisen, 3-Banken Reject Comment on Hypo Interest
Raiffeisenlandesbank Carinthia and BKS aren’t interested in Hypo Alpe-Adria-Bank International AG’s Austrian subsidiary.
March 23, 2012
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Pecik is Said to Enter AMAG
The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG
February 23, 2012
Oberbank Satisfied with 2011 Results
The Austrian Oberbank achieved “excellent“ results last year, CEO Gasselsberger stated. Profits were up by 5.5%.
January 17, 2012
BKS Posts Decline in Profits
The two sister banks Oberbank and BTV were more successful in the first nine months of the year. Consolidated net income went up by 8.2%.
November 18, 2011
BKS Bank Continues Expansion Course
The Carinthian/Styrian regional bank recorded an increase in profit of 11.7%. Step-by-step expansion in international markets will be continued.
August 19, 2011
Oberbank is Expanding
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.
January 19, 2011
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Oberbank Announces Results for Third Quarter 2010
Due to the expansion of interest and commission income and a stable cost structure, Oberbank has achieved an excellent result.
November 16, 2010
Lenzing places EUR 120 million corporate bond with mainly private investors
Lenzing AG, a world market leader in man-made cellulose fibers, placed a seven-year corporate bond with a coupon rate of 3.875 %.
September 24, 2010
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