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Oberbank AG · Linz Austria

Company Description

Hauptplatz 10-11
Linz
A-402-0
Austria (Map)
Phone: +43-732-7802-0
Fax: +43-732-7802-2140
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    Border-hopping is painless for Oberbank, the Austrian regional bank that focuses on business banking and has designs on international expansion. Oberbank, which has more than 100 locations, has operations throughout Austria, as well as in the Czech Republic, Germany, Hungary, and Slovakia. The bank serves individual clients, but caters to business, particularly the industrial sector and mid-sized firms. Oberbank units are involved in such activities as investment, leasing, and real estate lending. A unit of Bank Austria owns about one-third of Oberbank, which has minority cross-ownership alliances with Bank für Kärnten und Steiermark (BKS) and Bank für Tirol and Vorarlberg (BTV). To read the full description, subscribe now.

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    Key Oberbank AG Financials

    Company TypePublic

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$572.5
    Employees1,763

    Oberbank AG Executives

    17 executives listed for Oberbank AG's Linz,  location.
    TitleName & BioContact
    Chairman, Management BoardFranz GasselsbergerNetwork
    Chairman, Supervisory BoardHermann BellNetwork
    Vice Chairman, Supervisory BoardHeimo PenkerNetwork

    Competition

    Competitive Landscape for Oberbank AG
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top Oberbank AG Competitors
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