Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.

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Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. Logo
Address
Hauptstraße 6, 4870, Vöcklamarkt, Austria
BIC
VOFRAT21XXX

Overview

Business Focus

cooperative retail banking

Volksbank Strasswalchen-Vöcklamarkt-Mondsee was merged into Volksbank Salzburg eG.

Performance

In 2014, Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. achieved the position of 189th largest bank in Austria with a market share of 0.04%; its total assets grew by 74.80%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.

Services

retail banking
business banking
insurance

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans

Card Providers

VisaMasterCard

See Also

Ways to Bank

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.
Net_income of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.
Total Assets (2014)
343.13 mln EUR   (+74.80%)
Net Income (2014)
158,000.00 EUR   (+36.21%)

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. ranked as the 189th largest bank in Austria by total assets. In 2014 its total assets were 343.13 mln EUR, representing a 0.04% market share. It was also the 26th largest Volksbank credit cooperatives in Austria, commanding a 0.81% share among Volksbank credit cooperatives. In 2014 the bank's net income was 158,000.00 EUR.

Credit Ratings

Fitch: WD
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: -
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Einlagensicherung AUSTRIA Ges.m.b.H (ESA)Einlagensicherung AUSTRIA Ges.m.b.H (ESA)
Covered Accounts
all balances on bank accounts
Eligible Depositors
natural persons (Austrian and foreign)
legal entities (Austrian and foreign)

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. protects deposits up to up to 100,000 EUR per depositor through Austria's deposit guarantee scheme. The scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign). The bank participates in the Einlagensicherung AUSTRIA Ges.m.b.H (ESA), making regular contributions into it.

See Also

Member of Group

 Volksbank (Austria)

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. is a member of Volksbank (Austria).

Contacts

addressHauptstraße 6, 4870, Vöcklamarkt, Austria
po box29
phone07746/2400
fax07746/24004
websitehttps://www.friedburg-strasswalchen.volksbank.at

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. was headquartered in Vöcklamarkt.

Bank Identifiers

BIC (SWIFT)
VOFRAT21XXX
Bank Sort Code
44020
Company Number
110402g
MFI ID
AT44020

Bank History

Established On
August 1923
Close Date
August 2015
Previous Name
Volksbank Friedburg reg.Gen.mbH

Business Summary

Services
retail banking
business banking
insurance
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
Card Providers
VisaVisa
MasterCardMasterCard

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. provides products and services in the areas of retail banking, business banking, insurance. Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. offers a range of products including current accounts, debit cards, credit cards, savings accounts, time deposit accounts, consumer loans.

Ways to Bank

Business Channels
branch branch
online banking online banking

Products and services offered by Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. are available at its branches and via its online banking system.

Balance Sheet

Total Assets (2014)
343.13 mln EUR   (+74.80%)

In 2014 total assets of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. were 343.13 mln EUR. Growth compared to the previous period (2013) was 74.80%.

Recent changes in total assets of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. and its main components are shown in Table 1.

2013 2014 change (%)
Loans to customers 110.7 160.1 +44.61%
Loans to banks 31.3 65.7 +109.79%
Bonds and other fixed-income securities 43.2 90.9 +110.46%
Shares and other variable-yield securities 2.4 3.5 +46.88%
Total Assets 196.3 343.1 +74.80%

Table 1. Recent changes in total assets of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (mln EUR).

Recent changes in total liabilities of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. and its main components are shown in Table 2.

2013 2014 change (%)
Bank deposits 3.4 0.0 -99.73%
Customer deposits 173.9 304.5 +75.11%
Total Liabilities 196.3 343.1 +74.80%

Table 2. Recent changes in total liabilities of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (mln EUR).

Income Statement

Operating Income (2014)
10.29 mln EUR   (+75.70%)
Net Income (2014)
158,000.00 EUR   (+36.21%)

Recent changes in gross profit of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. and its main components are shown in Table 3.

2013 2014 change (%)
Interest Charges -1.5 -1.9 +25.24%
Interest Income 6.0 9.7 +63.53%
Net Interest Income 4.4 7.8 +76.80%
Commission Charges 0.0 -0.2 +300.00%
Commission Income 1.2 2.3 +85.83%

Table 3. Recent changes in gross profit of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (mln EUR).

In 2014 net income of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. was 158,000.00 EUR. Growth compared to the previous period (2013) was 36.21%.

Market Share and Rank (among banks in Austria)

Total Assets (2014)
189th (market share 0.04%)

In 2014 Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. was ranked the 189th largest bank in Austriain terms of total assets, having 0.04% of the domestic market share.

Market share of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (among banks in Austria)

Chart 1. Market share of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (among banks in Austria)

TheBanks.eu identified several banks banks having the market shares and ranks closest to Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. listed below.

RankNameMarket %Total Assets
188 Volksbank Ötscherland eG0.04%359.65 mln EUR   (+4.12%)
189 Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.0.04%343.13 mln EUR   (+74.80%)
190 Raiffeisenbank Saalbach-Hinterglemm-Viehhofen eGen0.05%482.86 mln EUR   (+2.36%)

Market Share and Rank (among Volksbank credit cooperatives in Austria)

Total Assets (2014)
26th (market share 0.81%)

In 2014 Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. was ranked the 26th largest volksbank credit cooperatives in Austriain terms of total assets, having 0.81% of the category's market share.

Market share of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (among Volksbank credit cooperatives in Austria)

Chart 2. Market share of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. (among Volksbank credit cooperatives in Austria)

TheBanks.eu identified several banks volksbank credit cooperatives having the market shares and ranks closest to Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. listed below.

RankNameMarket %Total Assets
25 Volksbank Ötscherland eG1.08%359.65 mln EUR   (+4.12%)
26 Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.0.81%343.13 mln EUR   (+74.80%)
27 Volksbank Süd-Oststeiermark e.Gen.0.98%325.57 mln EUR   (-2.96%)

Credit Ratings (as of Sep 2023)

Fitch
WD (withdrawn)
Moody's
- (not rated)

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. has received a rating from Fitch, a major credit rating agency. This rating assesses the institution's financial stability and creditworthiness.

Fitch

Rating Category / OutlookValue
Long-Term Issuer Default Rating WD (withdrawn)
    Outlook -
    On Watch No
Short-Term Issuer Default Rating WD (withdrawn)
Viability Rating -
Support Rating -
Support Rating Floor -

The long-term issuer rating measures the bank’s ability tomeet its financial obligations, while the short-term rating reflects itsshort-term creditworthiness.

Identifiers of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.

Discover key identifiers of Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. including its BIC, sort code, company number, MFI ID.

BIC (Business Identifier Code)

BIC: VOFRAT21XXX

The BIC (also known as SWIFT code) for Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. is VOFRAT21XXX. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.

KeyValue
BIC VOFRAT21XXX
Bank BIC Code VOFR
Country Code AT (Austria)
Location Code 21
Branch Code XXX

Bank Sort Code

Bank Sort Code: 44020

The Bank Sort Code for Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. is 44020. This unique code identifies the bank within Austria and is essential for domestic payment transactions.

KeyValue
Bank Sort Code 44020

The Bank Sort Code (also known as Bankleitzahl or BLZ) is a five-digit code allocated by the Oesterreichische Nationalbank (OeNB). It ensures accurate routing of funds between financial institutions within Austria.

Company Registration Number

Company Registration Number: 110402g

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. is registered in Austria under company number 110402g. In Austria, com­pa­nies are issued a registration number (Firmenbuchnummer - FN) upon formation and registering in the offi­ci­al register (Firmenbuch). The registration numbers consist of 6 digits and a letter.

KeyValue
Company Number 110402g

MFI ID (Monetary Financial Institution Identifier)

MFI ID: AT44020

Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.’s MFI ID, AT44020, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Austria (AT), followed by the institutions's internal ID.

KeyValue
MFI ID AT44020
Country Code AT
MFI Code 44020

Banks Similar to Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G.

TheBanks.eu identified several banks similar to Volksbank Strasswalchen-Vöcklamarkt-Mondsee e.G. based on various criteria, including:

  • country of incorporation
  • bank category
  • business focus
  • total assets (market share)

Bank Category
Volksbank credit cooperatives
Business Focus
cooperative retail banking
Total Assets
332.27 mln EUR   (+1.55%)

Bank Category
Volksbank credit cooperatives
Business Focus
cooperative retail banking
Total Assets
344.43 mln EUR   (-1.23%)

Bank Category
Volksbank credit cooperatives
Business Focus
cooperative retail banking
Total Assets
359.65 mln EUR   (+4.12%)

Bank Category
Volksbank credit cooperatives
Business Focus
cooperative retail banking
Total Assets
325.57 mln EUR   (-2.96%)

Bank Category
Volksbank credit cooperatives
Business Focus
cooperative retail banking
Total Assets
427.32 mln EUR   (-1.72%)

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