Vision - Mission - Strategy

As the central institution of the Austrian Volksbanks, building on the cooperative principles and the values of sustainability, the VBAG Group inspires employees, customers and partners through performance, quality and enthusiasm. The Group stands for trust, reliability, expertise and the highest quality.

VBAG stands for traditional banking business with innovative services and products and distinguishes itself in all areas through its active customer proximity.

The current economic environment is very challenging, not only for VBAG. For this reason, the new strategy of focusing on core business areas that has been adopted will be continued consistently. The goal is to restructure VBAG and to align its size with that of the Volksbank sector. The strategy includes a significant reduction of risk and the sale of participations – after the sale of Volksbank International, further divestments of participations are planned. A clear focus will be on VBAG´s function as central institution of the Austrian Volksbanks.