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Oberbank – Austria

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Austria

Oberbank

Oberbank was founded in 1869. The headquarters are located in Linz, Austria. It is part of the 3-Banken-Gruppe with consist of DKS Bank and Bank fuer Tirol und Vorarlberg. Oberbank is the biggest of all three and all three are shareholders of each other. Unicredit is the major shareholder through CABO Beteiligunsgesellschaft m.b.H. with approximately 24% of the shares. DKS Bank and Bank fuer Tirol und Vorarlberg own together roughly 30% of Oberbank. The other two members of the 3-Bank Gruppe own roughly 30%, employees 3% and the rest is free float.  It operates through the divisions of:  Corporate and Business, Private Customers, Financial Markets and Other. The Corporate and Business division targets the financial needs of corporate clients. The Private Customers division offers private clients a whole range of financial services. The financial markets division covers equity investment earning and trading activities. The Other division is concern with administrative and control responsibilities. It has roughly 100 branches in Austria as well as 28 in Germany, 21 in Czech Republic, 9 in Hungary and 3 in Slovakia. Ober bank has approximately 2.000 employees

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