Volksbank Salzburg eG (Austria)

Address

St. Julien-Str., 12, 5020, Salzburg, Austria

BIC

VBOEATWWSAL

Overview

Business Focus

cooperative retail banking

Volksbank Salzburg is a regional universal bank, focused on providing retail banking products and services to local individuals, professionals and SMEs.

Performance

In 2023, Volksbank Salzburg eG achieved the position of 44th largest bank in Austria with a market share of 0.31%; its total assets grew by 0.55%.

Additionally, the bank became the 314th profitable bank in relation to its total assets showcasing 0.04% return on assets in 2023.

Also the lender held the 135th position regarging its loans-to-deposits (L/D) registering 105.49% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Volksbank Salzburg eG.

Market Share (#44 in Austria)

Ratios

RoA

0.04%

L/D

105.49%

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Volksbank Salzburg eG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets (2023)

3,076.50 mln EUR (+0.55%)

Net Income (2023)

1.23 mln EUR (+10.54%)

Volksbank Salzburg eG ranks as the 44th largest bank in Austria by total assets. In 2023 its total assets were 3,076.50 mln EUR, representing a 0.31% market share. It is also the 4th largest Volksbank credit cooperatives in Austria, commanding a 8.52% share among Volksbank credit cooperatives. In 2023 the bank's net income was 1.23 mln EUR.

Credit Ratings

Fitch: BBB+

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 Salzburg eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality).

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

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 Salzburg eG 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.