Istrobanka

Infobox Company
company_name = Istrobanka, a.s.
company_
company_type = Public
foundation = 1992
location = Bratislava, Slovakia
key_people = Mag. Volker Pichler (CEO)
industry = Financial services
products = Banking, asset management, leasing
net_income = € 4,41 million
num_employees = 772

Istrobanka is a universal commercial bank based in Slovakia. It was established on September 1992.

History

Istrobanka's founding shareholder was Slovenská poisťovňa (Slovak Insurance Company). In 1993 Bratislava, the capital city of Slovakia, became another shareholder. Shareholder structure was extended in 1994 by the third shareholder, Austrian GiroCredit Bank AG.

With effect from March 2002, Austrian BAWAG became the principal shareholder of Istrobanka and holds 100% stake within the bank. This has changed from July 2008, when BAWAG formalized sale of Istrobanka to the Belgian group, KBC Bank NV, making KBC the fourth largest player in the Slovak market through combination with ČSOB. [ [http://www.spectator.sk/articles/view/31253/3/istrobanka_bought_by_csob_owner.html Istrobanka bought by ČSOB owner - The Slovak Spectator ] ]

Branches

About 60 branches and sub-branches of Istrobanka are located throughout Slovakia.

ee also

* BAWAG, former principal shareholder of Istrobanka
* KBC Bank, current owner of Istrobanka

References

External links

* [http://www.istrobanka.sk/ Istrobanka official site]
* [http://www.bawag.com/ BAWAG official site]