Oberbank, an Austrian regional bank, has
announced that its leasing division’s new business increased by 31
percent in 2008 to €1.29 billion.
announced that its leasing division’s new business increased by 31
percent in 2008 to €1.29 billion.
The bank, part of the 3-Banken-Gruppe, raised
its total operating profit to €190 million from €182.3 million in
2007, according to Franz Gasselsberger, the company’s chief
executive officer.Oberbank’s leasing division was set up in Austria
in 1988 and subsequently in Germany in 1989.
its total operating profit to €190 million from €182.3 million in
2007, according to Franz Gasselsberger, the company’s chief
executive officer.Oberbank’s leasing division was set up in Austria
in 1988 and subsequently in Germany in 1989.
It does half of its total business in Austria
and a quarter in Germany.
and a quarter in Germany.
In 2004, Oberbank Leasing set up an office in the Czech Republic
and Hungary, and two years ago in Slovakia. The company has 160
staff and a portfolio worth €1.5 billion divided between motor (40
percent), equipment (30 percent) and real estate (30 percent).
Oberbank Leasing’s Rudolf Pröll said the company has a policy of
keeping sales reps close to clients – ideally within 100km except
for in the case of vendor finance.
“We keep our business activities in our home markets, and if we
don’t know about an asset, we just won’t lease it,” he said.
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