VOLKSBANK
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Volksbank Austria Wants To Sell Volksbank Romania By 2015
Volksbank Austria will sell its 51% stake in the vehicle that controls Volksbank Romania “under the best terms and as soon as possible,” according to the set of conditions part of the group’...
Volksbank Romania Head Johann Lurf Steps Down
Johann Lurf will step down as president of Volksbank Romania, after two years in the position, and the bank will have a replacement in June.
Volksbank To Become Newest State-Owned Bank In Romania
Volksbank Romania, the only bank in Central and Eastern Europe still held by Austrian group Volksbank, will be indirectly controlled by the government in Vienna as of Thursday once the natio...
Volksbank Could Take Over Armonia Mall In Deal To Write Off Debts
Volksbank Romania, the local unit of Austria’s Volksbank AG, could take over the shopping center Armonia Braila, where it was the major creditor, according to liquidator Casa de Insolventa T...
Volksbank Rescued For The Third Time By Austrian State, Keeps Plans To Exit Romania
Austria's government invests a further EUR250 million in Volksbank’s capital after taking a 70% loss from a previous EUR1 billion injection, this being the third time since 2008 that the Aus...
Volksbank Romania Appoints New VP
Lender Volksbank Romania on Monday announced the appointment of Sorin Serban as vice-president, in charge with credit restructuring and debt recovery.
Volksbank Romania Will Continue Activity, No Sale Talks For The Moment - CEO
Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding sharehol...
Volksbank Group Puts Romanian Unit In “For Sale” Box
Lender Volksbank Romania will be transferred to a new division of Austrian group Volksbank, which includes non-core businesses, along with Volksbank Leasing International and Volksbank Malta...
Volksbank Expects EUR900M Loss In 2011, On Book Value Write-Downs At Austria, Romania Units
The Volksbank group, Austria’s fourth-largest bank, Friday announced a series of reorganization measures, and expectations of a EUR900 million loss this year, caused mainly by write-downs on...