Donau Bank

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

It was acquired by Russian VTB Bank in 2000.[1] In 2006 the name was changed to VTB Bank (Austria) AG. On December 29, 2017, VTB Group completed restructuring of its European operations. 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.

History[edit]

  • 1974 - Donau Bank AG is jointly founded in Vienna by the USSR State Bank and the USSR Foreign Trade Bank.
  • 1992 - The Central Bank of the Russian Federation acquires 99.97% of the bank, the remaining 0.03% is retained by the Foreign Trade Bank (Vneshtorgbank).
  • 1997 - VTB acquires a 51% majority share in Donau Bank AG.
  • 2005 - VTB acquires 100% interest in Donau Bank AG.
  • 2006 - In the context of VTB’s international rebranding program, Donau Bank AG is renamed VTB Bank (Austria) AG.
  • 2007 - VTB Bank (Deutschland) AG and VTB Bank (France) SA are placed under VTB Bank (Austria) AG and together form a subgroup of the VTB Group.
  • 2011 - Launch of VTB Direct Bank in Germany[2]
  • 2017 - 2018: 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.

Management Board[edit]

Donau Bank AG (VTB Bank (Austria) AG) had the following management board members:

  • Valery P. Ipatoo
  • Oleg M. Preksin
  • Dkfm Otto Dracka
  • Andrei Tchetyrkine
  • Vladimir G. Malinin
  • Dr. Valeriy V. Lyakin
  • Dr. Richard Vornberg (CEO)
  • Christian Müllner
  • Evgenij Minkin
  • Igor Strehl (CEO)
  • Alexey Krokhin (CEO)
  • Simeon Nestorov
  • Andrey Girichev (CEO)
  • Andrey Skvortsov
  • Mag. Damir Mehic
  • Mag. Bernhard Schmidt
  • Maria Minaeva
  • Mark Airston
  • Oxana Kozliouk

References[edit]

See also[edit]