Volksbank AG is a former Austrian banking group. The headquarters was located in Vienna .
| Volksbank AG | |
|---|---|
 | |
| Type of | AG Joint Stock Company |
| Year of foundation | 1850 year |
| Location | |
| Key figures | Gerald Wenzel - (CEO and Chairman of the Board of Directors) |
| Site | |
It was founded in 1850 . International units, before their sale to Sberbank of Russia , worked in Bosnia and Herzegovina , Croatia , the Czech Republic , Hungary , Romania , Serbia , Slovakia , Slovenia and Ukraine .
In September 2011 , Sberbank of Russia signed an agreement with the banking group Volksbank AG, from which, later, acquired a 100% stake in Volksbank International AG, for 600 million. Euro. [1] . On February 15, 2012, it announced the closure of a transaction to sell Volksbank International [2]
In July 2015, Volksbank AG declared bankruptcy and the termination of its banking activities [3]