Volksbank Group

Association of Volksbanks
Company typePrivate
IndustryFinance and Insurance
Founded1850
HeadquartersVienna, Austria
ProductsFinancial services
Number of employees
4,400 (2015)
Websitewww.volksbank.at

The Volksbank Group (German pronunciation: [ˈfɔlksˌbaŋk ɡɹuːp], lit.'People's Bank Group') is a cooperative banking group in Austria, whose central entity is the Vienna-based Volksbank Wien AG. It includes seven other regional banks as well as a specialized bank for the health professions in Austria. The group has been designated as a Significant Institution since its entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.