Volksbank Beograd
From Wikipedia, the free encyclopedia
Volksbank Beograd (full name: Volksbank a.d. Beograd) is the Serbian subsidiary of Austrian Österreichishe Volksbanken-AG (ÖVAG).
The bank arrived on the Serbian market in September 2003 by registering a subsidiary with a following ownership structure:
- 92.96% - Volksbank International AG, ÖVAG's arm that oversees its ventures outside Austria (namely in Hungary, Serbia, Malta, Bosnia-Herzegovina, Slovenia, Romania, Croatia, Slovakia, and Czech Republic)
- 7.04% - European Bank for Reconstruction and Development (EBRD)
In Serbia, the bank currently offers financial services to small and mid-sized businesses, entrepreneurs, and private individuals.
