Volksbank Beograd

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.

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Last updated on Wednesday October 31, 2007 at 15:42:30 PDT (GMT -0700)
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