07.11.2012

Volksbank Romania Wednesday said it has appointed Benoit Catel as president, replacing Johann Lurf who resigned in June. more

06.29.2012

Bogdan Mihoc, one of the best-known dealers on the market, has returned to the banking system four years after being expelled from it, and took on the position of head of treasury with Volksbank, more

05.29.2012

Volksbank Romania, the local unit of Austria’s Volksbank AG, posted a loss of EUR7 million in the first quarter, narrower than expected, the mother bank said in its financial report Tuesday. more

05.07.2012

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’s more

05.02.2012

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. more

04.26.2012

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 nationalization more

02.29.2012

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 more

02.29.2012

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 Austrian more

02.27.2012

Lender Volksbank Romania on Monday announced the appointment of Sorin Serban as vice-president, in charge with credit restructuring and debt recovery. more

01.09.2012

Volksbank Romania, the local unit of Austria’s Volksbank AG, will increase its share capital by 362.8 million lei (EUR84 million) to RON903.15 million, the lender said Monday. more

12.16.2011

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 shareholders more

12.16.2011

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. more

12.09.2011

Commercial lenders are bound to undergo deep reorganization starting with 2012, because previous hopes that the economic and financial downturn was only a temporary setback are now obsolete, an more

10.31.2011

Lender Volksbank International has transferred control of Volksbank Romania to a special vehicle, VBI Beteiligungs GmbH, with an identical shareholding structure, where Osterreichische more

10.14.2011

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 the more

10.11.2011

Volksbank Romania wants to increase its share capital by a EUR100 million to EUR200 million, in a bid to counter the effects of the economic crisis, the lender's chief executive Johann Lurf said more

09.15.2011

Volksbank returns to the market of home loans with interests of 9.61% on leu-denominated loans and of 6.98% on euro-denominated loans after a two-year pause. more

09.14.2011

Volksbank Romania on Wednesday said it has restarted lending, after a two-year break, by launching new home purchase loans available in euro and in leu. more

09.08.2011

Austria’s Volksbank AG is planning to sell its Romanian subsidiary, but not before the bank is repositioned over the course of the next two to three years, the mother company said in a statement more

09.07.2011

Romanian central bank’s latest regulations for consumer loans will have minimum impact on commercial lenders, as the local market is currently idle, but potential clients are bound to feel more

09.02.2011

Volksbank Romania will be transferred to a new division of Austria’s Volksbank AG, after the latter agreed to sell its eastern European arm Volksbank International to Russian Sberbank, the head of more

09.01.2011

Volksbank Romania has swung to profit at the end of July, from losses a month earlier, vice-president Lucian Cojocaru said Thursday. more

08.18.2011

The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are seeing their more

07.20.2011

Austrian banks had an almost EUR33 billion exposure to Romania at the end of last year, followed by Greek lenders, which were far behind, with assets worth EUR15 billion on the local market. more

07.19.2011

Austrian-owned Volksbank, which ranks eighth by assets in Romania, wants to gradually resume retail lending, frozen over the past two years, but its officials say it will focus more on transactional more