Tag: Stephan

Sberbank set to spend 300mn

Post date April 25, 2012

The new owner of Volksbank International (VBI) has revealed plans to invest hundreds of millions of Euros. Sberbank – which transferred 505 million Euros for the finance institute to Volksbank AG (ÖVAG) in February – announced yesterday (Tues) it would spend 300 million Euros on the restructuring of VBI to support the planned expansion. Sberbank, […]

Tags Austria, Bank, Euros, finance, Institute, ÖVAG, Sberbank, Stephan, VBI, years

Koren at the ready for ÖVAG top job

Finance

Post date April 12, 2012

Stephan Koren has reportedly agreed to take the hot seat at Volksbank AG (ÖVAG). The ex-BAWAG PSK (BAWAG) manager has been rumoured to replace Gerald Wenzel as ÖVAG CEO for some time. Now People’s Party (ÖVP) Finance Minister Maria Fekter announced Koren signalised interest in the position. Fekter said yesterday (Weds) the banker was ready […]

Tags father, Fekter, finance, Koren, minister, ÖVP, seat, sen, Stephan