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Oberbank

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

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

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

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

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

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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