!!!Volksbanken

Volksbanken, commercial credit co-operatives based on the 
Schulze-Delitzsch system ( gewerbliche Genossenschaften) in existence 
in Austria since 1850. In 2000 the first level consisted of 68 
institutes including the  Oesterreichische Volksbanken-AG and 
Gewerbe-Finanzierungs-AG) with about 600 subsidiaries with a staff of 
4,800. Balance sheet total in 1999: 310 bn ATS.

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The Allgemeine Bausparkasse (ABV), the Volksbanken-Consulting fuer 
Anlagenmanagement AG (VBC), the VB-Factoring Bank AG, the Immoconsult 
group, the Victoria Versicherung insurance company and the 
Landes-Hypothekenbank Niederoesterreich also belong to the V. Group. 
On an international level, the V. Group is part of the Confederation 
Internationale des Banques Populaires.


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