Volksbank Hungary Private Ltd has been successfully operating since 1993 on the Hungarian market. Volksbank International AG (VBI) is the main shareholder of the Bank.
VBI is an international joint venture, the shares in it are as follows: Österreichische Volksbanken-AG 51 %, French BFBP group (Banque Fédérale des Banques Populaires) German DZ-Bank / WGZ-Bank have both 24,5 - 24,5 % shares.
The Bank aims to be a reliable partner for its customers - small-and middle size entreprises and the related house-holds.
Volksbank disposes over 43 branch offices/business premises that can be found in the following cities: Budapest (10 branch offices), Kaposvár, Miskolc, Bélapátfalva, Mohács, Nyíregyháza, Ibrány, Pécs, Pilisvörösvár, Székesfehérvár, Kecskemét, Szombathely, Sopron, Sárvár, Mosonmagyróvár, Dunakeszi, Nagykanizsa, Debrecen, Budaörs, Keszthely, Győr and Szeged. Volksbank Hungary Private Ltd. is a bank with a countrywide network that is continuously widening. The bank will open further branch offices both in the regional centres and in the capital, Budapest.
One of the most developing business unit is the corporate division that embraces enterprises with both Hungarian and international ownership background. Financing construction projects belong to the most dynamically developing busi-ness field.
Volksbank Hungary Private Ltd. is able to render "all finance" services to its customers that are the following: bank-and leasing services (VB-Leasing companies). According to the universal bank licence the bank manages stock transactions as well. Due to the co-operation with the insurance companies belonging to the group (VICTORIA-VOLKSBANKEN Life insurance Ltd., VICTORIA-VOLKSBANKEN Insurance Ltd.) Volksbank Hungary Private Ltd. can offer insurance products to the customers.