trending Market Intelligence /marketintelligence/en/news-insights/trending/nOd_Py8_V4825NlVhKUUEQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Austrian lenders approve 3-way merger

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcasts

StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

Street Talk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Blog

The Evolution of ESG Factors in Credit Risk Assessment: Environmental Issues


Austrian lenders approve 3-way merger

, and Volksbank TirolInnsbruck-Schwaz AG will merge operations in September to becomeVolksbank Tirol AG.

Theowners of the three regional lenders, which are based in western Austria,approved the related proposal June 23. The processes to complete the deal will takeplace between Sept. 1 and Sept. 17, but the merger will be effectiveretroactively to the start of the year.

Thenew entity will have 39 branches, about 470 employees, more than 100,000customers and total assets of over €3 billion.