Volksbank Ötscherland eG (Austria)

Address

Hauptplatz 16, 3250, Wieselburg/Erl., Austria

BIC

VOETAT2102P

Overview

Business Focus

cooperative retail banking

Volksbank Ötscherland eG was merged into Volksbank Niederösterreich AG.

Performance

In 2015, Volksbank Ötscherland eG achieved the position of 179th largest bank in Austria with a market share of 0.04%; its total assets grew by 4.12%.

Deposit Protection

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

Market Share (#179 in Austria)

Market Share of Volksbank Ötscherland eG

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

Card Providers

Ways to Bank

Volksbank Ötscherland eG delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of Volksbank Ötscherland eG

Total Assets (2015)

359.65 mln EUR (+4.12%)

Net Income (2015)

118,000.00 EUR (-17.48%)

Volksbank Ötscherland eG ranked as the 179th largest bank in Austria by total assets. In 2015 its total assets were 359.65 mln EUR, representing a 0.04% market share. It was also the 19th largest Volksbank credit cooperatives in Austria, commanding a 1.08% share among Volksbank credit cooperatives. In 2015 the bank's net income was 118,000.00 EUR.

Credit Ratings

Fitch: BB+

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 Ötscherland eG is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative).

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 Ötscherland 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.