Volksbank Credit Cooperatives in Austria

28 November 2017

Volksbank credit cooperatives are the core part of Volksbank Group, a cooperative banking group specialized in providing retail banking products and services to private individuals, self-employed professionals and SMEs in Austria. During 2013-2017 the Volksbank Group has significantly transformed into structure, while keeping its cooperative business model. In particular:

As the result of the group's restructuring, the total number of Volksbank credit cooperatives fell down from 62 in 2013 to 13 in 2017 with 25% decrease of consolidated total assets.

Total Assets of Volksbank Credit Cooperatives Number of Volksbank Credit Cooperatives Closed Volksbank Credit Cooperatives

List of Operating Volksbank Credit Cooperatives

There are currently 12 Volksbank credit cooperatives (4 specialized credit institutions and 8 regional banks) with total assets of 33389.85 mln EUR and market share at the domestic market of 3.16 % (2015).

NameLocationTotal AssetsNet Income
DolomitenBank Osttirol-Westkärnten eGLienz483.36 0.12
IMMO-BANK AGWien1632.37 11.20
Marchfelder Bank eGGänserndorf324.62 0.00
Österreichische Ärzte- und Apothekerbank AGWien554.18 0.00
Volksbank Kärnten eGKlagenfurt am Wörthersee518.44 -3.89
Volksbank Niederösterreich AGSt. Pölten2273.60 0.97
Volksbank Oberösterreich AGWels1486.38 0.23
Volksbank Salzburg eGSalzburg2199.29 0.73
Volksbank Steiermark AGGraz1905.05 3.66
Volksbank Tirol AGInnsbruck1140.20 0.92
VOLKSBANK VORARLBERG e. Gen.Rankweil2025.43 0.21
VOLKSBANK WIEN AGWien10619.15 0.46
 

All the data are for 2015. Total assets and net income are provided in million EUR.

Recently Closed Volksbank Credit Cooperatives

During 2013-2017 51 local Volksbank credit cooperatives were closed down mainly due to mergers with other local Volksbank credit cooperatives.

NameClosed On
Gärtnerbank reg.Gen.mbH (closed)2014
Österreichische Apothekerbank eG (closed)2017
Österreichische Volksbanken-AG (closed)2015
Spar- und Vorschuß-Verein der Beamtenschaft der Oesterreichischen Nationalbank reg.Gen.mbH in Liqu. (closed)2017
Spar- und Vorschusskasse der Angestellten der "Wiener Städtische Versicherung AG Vienna Insurance Group" e.Gen. (closed)2016
Spar- und Vorschussverein der Mitarbeiter der Niederösterreichischen Landesbank-Hypothekenbank AG, reg.Gen.m.beschr.Haftung (closed)2015
Spar- und Vorschußverein "Graphik" reg.Gen.mbH in Liqu. (closed)2017
SPARDA-BANK AUSTRIA eGen (closed)2017
SPARDA-BANK AUSTRIA Nord eGen (closed)2016
VB Factoring Bank AG (closed)2015
Volksbank Aichfeld-Murboden reg.Gen.mbH (closed)2016
Volksbank Almtal e. Gen. (closed)2017
Volksbank Alpenvorland e.Gen. (closed)2015
Volksbank Altheim-Braunau reg.Gen.mbH (closed)2014
Volksbank Bad Goisern eingetragene Genossenschaft (closed)2017
Volksbank Bad Hall e.Gen. (closed)2017
VOLKSBANK BADEN e.Gen. (closed)2013
Volksbank Donau-Weinland reg.Gen.mbH (closed)2015
Volksbank Eferding - Grieskirchen reg.Gen.mbH (closed)2016
Volksbank Enns - St. Valentin eG (closed)2016
Volksbank Enns- und Paltental reg.Gen.mbH (closed)2016
Volksbank Feldkirchen eG (closed)2016
Volksbank Fels am Wagram e.Gen. (closed)2015
VOLKSBANK für den Bezirk Weiz reg.Gen.mbH (closed)2015
Volksbank für die Süd- und Weststeiermark eG (closed)2015
Volksbank Gailtal eG (closed)2014
Volksbank Gmünd eingetragene Genossenschaft (closed)2016
Volksbank Kärnten Süd e.Gen. (closed)2016
Volksbank Krems-Zwettl AG (closed)2014
Volksbank Kufstein-Kitzbühel Holding eG (closed)2016
Volksbank Laa eGen (closed)2014
VOLKSBANK LANDECK Holding eG (closed)2016
Volksbank Mürztal-Leoben e.Gen. (closed)2016
Volksbank Niederösterreich Süd eG (closed)2016
VOLKSBANK OBERES WALDVIERTEL reg.Gen.mbH (closed)2016
VOLKSBANK OBERKÄRNTEN reg.Gen.mbH (closed)2016
Volksbank Oberndorf reg.Gen.mbH (closed)2016
Volksbank Obersdorf - Wolkersdorf - Deutsch-Wagram e. Gen. (closed)2015
Volksbank Ost reg.Gen.mbH (closed)2015
Volksbank Ötscherland eG (closed)2016
Volksbank Ried im Innkreis eG (closed)2015
Volksbank Schärding-Altheim-Braunau eG (closed)2015
Volksbank Steirisches Salzkammergut reg.Gen.mbH (closed)2017
Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (closed)2015
Volksbank Süd-Oststeiermark e.Gen. (closed)2016
Volksbank Südburgenland eG (closed)2016
Volksbank Tullnerfeld eG (closed)2015
VOLKSBANK VÖCKLABRUCK-GMUNDEN e.Gen. (closed)2016
Volksbank Vöcklamarkt-Mondsee reg.Gen.mbH (closed)2014
Volksbank Weinviertel e.Gen. (closed)2016
Waldviertler Volksbank Horn reg.Gen.mbH (closed)2018
 

See Also