Shareholders structure by proportion of total share capital
(as at 31 December 2008)
- Volksbank International AG, Vienna, 98.14 %
- Banca Popolare di Vicenza S.C.P.A., Vicenza, 0.93 %
- EM.RO Popolare S.P.A., Modena, 0.93 %
Volksbank CZ, a.s. history
Volksbank CZ has been active successfully on the Czech market since 1993. The bank’s main shareholder is Volksbank International AG (a subsidiary of Volksbanken-AG).
Volksbank-AG (VBAG) was founded in 1922 by commercial lending cooperatives and is majority-owned by more than 60 independent Austrian “Volksbanken” (co-operative banks). The bank is the central institute of one of the most important banking groups in Austria and an international commercial bank. Already in 1991 ÖVAG was one of the first banks to begin its expansion into the challenging markets of Central and Eastern Europe.
Volksbank International AG (VBI), is located in Vienna, Austria, and the majority of its equity is held by ÖVAG (51%), while the remaining stakes of 24.50% each are held by the German DZ BANK / WGZ-Bank and the French Banque Fédérale des Banques Populaires. VBI directs a successful and expanding network of more than 600 branches in nine Central and Eastern European (CEE) countries: Slovakia, the Czech Republic, Hungary, Slovenia, Croatia, Bosnia-Herzegovina, Serbia, Romania and Ukraine. The total assets reached EUR 14.7 billion in 2008. More than 5,800 employees offer private and corporate clients a wide range of modern banking products and services.
The development of the VBI Group in recent years:
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008* | |
|---|---|---|---|---|---|---|
| Branches: | 122 | 143 | 182 | 257 | 545 | 609 |
| Employees: | 2.149 | 2.491 | 2.867 | 3.488 | 5.168 | 5.849 |
| Customer accounts: | 560.000 | 683.000 | 835.000 | 959.000 | 1.440.000 | 1.474.000 |
| Balance sheet total (EUR bn) | 2.5 | 3.5 | 4.4 | 6.7 | 10.7 | 14.7 |
* effective as of December 2008
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