Österreichische Volksbanken-Aktiengesellschaft ... - Volksbank AG

Retail
This business division provides a wide range of banking and related financial product and
services to individuals and corporate clients, especially SMEs.
Such products and services include, among others, money transfers, savings and loan facilities,
credit cards and mortgages.
Domestic clients are serviced primarily by the branches of Volksbank Wien AG and Volksbank
Linz-Mühlviertel rGmbH. In the CEE such services are provided via the VBAG
Group’s branches network.
IMMO-BANK Aktiengesellschaft, a subsidiary of VBAG, is responsible for financing real
estate for private customers and non-profit organisations.
Bank für Ärzte und Freie Berufe Aktiengesellschaft, also a subsidiary of VBAG, specialises
in servicing medical doctors.
VB Leasing Finanzierungsgesellsschaft m.b.H. and VB Leasing International Holding
GmbH offer a wide range of leasing products such as vehicle-, equipment-, vendor- and real
estate leasing to their customers.
Treasury
The treasury division comprises VBAG treasury, fixed income and derivatives, structured
investments, CEE-treasury, VB consulting and capital markets.
It focuses on the generation of liquidity in money and capital markets and on medium to
long-term strategic investments in national and international markets. Treasury services
include, among others, trading in cash and derivative instruments in interest rate, foreign
exchange and money markets as well as bond origination.
In addition, VBAG offers to its customers standard as well as tailored innovative cash and
capital market products in the context of treasury sales to meet the needs of the customers.
The treasury division also comprises the investment fund activities for VBAG’s institutional
and private clients provided through Volksbank Invest Kapitalanlagegesellschaft m.b.H.and
Immo Kapitalanlage AG.
VBAG's investment banking activities are carried out by its subsidiary IK Investmentbank
AG. IK Investmentbank AG is a financial service provider for domestic and international
customers in local and cross-border transactions involving structured finance, mergers and
acquisitions and issues of securities.
Real estate
VBAG´s real estate division provides a wide range of commercial real estate products and
services including construction, interim "bridge" financing, short and medium term sized
commercial real estate loans, project and leasing financing, real estate development and real
estate investments and management to commercial real estate clients, investors, developers
and owners in Austria and the CEE, especially in Bulgaria, Romania, the Czech Republic,
Slovakia, Hungary, Poland and Croatia. The services are provided through Immoconsult
Leasinggesellschaft m.b.H. and its subsidiaries as well as through Europolis Real Estate
Asset Management GmbH.
Public finance
The local government financing division is serviced by Kommunalkredit Austria AG
("Kommunalkredit"), a majority owned subsidiary of VBAG. Kommunalkredit is a special
purpose bank whose primary fields of business include the financing and support of munici-
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