Type Joint Stock Company Profit 135 096 000 EUR (2013) Founded 1 January 1990, Slovakia | Area served Slovakia Headquarters Bratislava, Slovakia Number of employees 3 959 (2013) | |
 | ||
Industry Banking, Financial services Key people Alexander Resch
(CEO and Chairman of the Management Board) Services Credit cards, consumer banking, corporate banking, investment banking, CEO Alexander Resch (1 Oct 2013–) Subsidiaries Consumer Finance Holding A.S. Profiles | ||
Všeobecná úverová banka, a.s. (abbreviated as “VUB“ or “The Bank“) provides retail and commercial banking services. The bank is domiciled in Slovakia with its registered office at Mlynske Nivy 1, Bratislava. The Italian banking group Intesa Sanpaolo, with its headquarters based in Turin and Milan, is the majority shareholder of VUB, holding a 96.97% stake.
Contents
The bank was acquired by the predecessor of Intesa Sanpaolo, Banca Intesa in 2001.
General information
On 31 December 2013, the bank had a network of 244 points of sale (including Retail Branches, Corporate Branches and Mortgage Centres across Slovakia. The Bank has also one branch in the Czech Republic.
Subsidiaries
VÚB Factoring was established as the first factoring company in Slovakia and presently is one of the largest in the market .
VUB Generali d.s.s., a.s. was founded in 2005 by VUB and Generali Poisťovňa (insurance company) as a joint venture in pension saving. The company offers services related to the establishment and administration of pension funds for the purposes of the Old Age Pension Savings (so called Second Pillar of Pension Scheme).
Consumer Finance Holding, a.s. was established in 2005 as an administrator of a group of financial companies providing consumer non-banking loans, installment and catalogue sales and leasing of used cars. The company was created by a merger of the following companies: Quatro, a.s., TatraCredit, a.s., Q-Car, a.s., Q-Broker, a.s, Slovenská požičovňa, a.s. and Slovenské kreditné karty, a.s.
VÚB Leasing, a.s. is a universal lease company offering a wide range of financial products. In addition to financial lease services, the company also provides operational lease and installment sale financing.
VÚB Asset Management,správ.spol. a.s., registered on 17 April 2000 .The core activity of the business is to collect cash from the public with the aim of investing it in mutual funds