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Donau Bank information


Donau Bank AG was a bank in Vienna, Austria controlled by the Soviet Union and later, after the dissolution of the Soviet Union, by Russia.

On 30 May 2001, Donau Bank was acquired by Russian VTB Bank, which was headed by Yury Ponomarev.[1] In 2006 the name was changed to VTB Bank (Austria) AG. With $1 billion in capital in March 2011, VTB Bank (Austria) AG, based in Vienna, was the largest European commercial bank of the Russian VTB Bank.[2] On December 29, 2017, VTB Group completed restructuring its European operations.[3] VTB Bank (Austria) AG, VTB Bank (Deutschland) AG und VTB Bank (France) SA, were merged into the newly created VTB Bank (Europe) SE (Frankfurt), which operates under a single banking license. Since that restructuring, VTB Bank (Europe) SE has the branch in Austria.

  1. ^ Builov, Maksim (11 December 2001). "Banking 1991-2000". Kommersant. Archived from the original on 17 February 2008. Retrieved 13 September 2023.
  2. ^ "Igor Strehl wurde zum Vorstandsvorsitzenden der VTB Bank (Austria) AG ernannt" [Igor Strehl has been appointed Chairman of the Management Board of VTB Bank (Austria) AG]. ots.at (in German). 22 March 2011. Archived from the original on 22 September 2015. Retrieved 13 September 2023.
  3. ^ "VTB Group completes the merger of its European operations under one license". vtb.com. 9 January 2018. Archived from the original on 23 October 2020. Retrieved 13 September 2023.

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