Donau Bank AG

Donau Bank AG was a controlled bank in Vienna, Austria controlled by the Soviet Union and later, after the dissolution of the Soviet Union, by Russia.

It was acquired by Russian VTB Bank in 2000. In 2006 the name was changed to VTB Bank (Austria) AG. On December 29, 2017, VTB Group complete
restructuring
of its European operations. VTB Bank (Austria) AG, VTB Bank (Deutschland) AG und VTB Bank (France) SA, were merged into the newly created VTB Bank (Europe) SE (Frankfurt), which operates under a single banking license. Since that restructuring, VTB Bank (Europe) SE has the branch in Austria.

History

*1974 - Donau Bank AG is jointly founded in Vienna by the USSR State Bank and the USSR Foreign Trade Bank.
*1992 - The Central Bank of the Russian Federation acquires 99.97% of the bank, the remaining 0.03% is retained by the Foreign Trade Bank ( Vneshtorgbank).
*1997 - VTB acquires a 51% majority share in Donau Bank AG.
*2005 - VTB acquires 100% interest in Donau Bank AG.
*2006 - In the context of VTB’s international rebranding program, Donau Bank AG is renamed VTB Bank (Austria) AG.
*2007 - VTB Bank (Deutschland) AG and VTB Bank (France) SA are placed under VTB Bank (Austria) AG and together form a subgroup of the VTB Group.
*2011 - Launch of VTB Direct Bank in GermanyThe VTB Brand
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*2017 - 2018: VTB Bank (Austria) AG, VTB Bank (Deutschland) AG und VTB Bank (France) SA, were merged into the newly created VTB Bank (Europe) SE (Frankfurt), which operates under a single banking license. Since that restructuring, VTB Bank (Europe) SE has the branch in Austria.

Management Board

Donau Bank AG (VTB Bank (Austria) AG) had the following management board members:

* Valery P. Ipatoo
* Oleg M. Preksin
* Dkfm Otto Dracka
* Andrei Tchetyrkine
* Vladimir G. Malinin Chairman of the Board from December 1990 to April 1996; 29 June 1940 Moscow, Soviet Union - 4 February 2021 Vienna, Austria) graduated from the Financial University in 1963 with a degree in economics. From 1964 to 1968, he was at Vneshtorgbank of the USSR as an inspector, senior economist, senior consultant, head of the foreign exchange and cash operations department, and from 1968 to 1969 he was the Deputy Chief Accountant. From 1969 to 1970, he was at Moscow Narodny Bank Limited in London and then transferred to its Beirut branch and from 1970 to 1971, he was the chief accountant under Viktor Gerashchenko and from 1971 to 1974, the deputy general manager under Tomas Alibegov. From 1977 to 1984, he was director of East-West United Bank (EWUB) (Luxembourg). After EWUB, Malinin returned to Vneshtorgbank of the USSR and from 1984 to 1985 was the head of the foreign bank loans department then in 1985 was the head of the department for monitoring the operational activities of overseas Soviet banks until February 1988 when he became the Deputy Chairman of the Board of the Vnesheconombank of the USSR until December 1990. He moved to Vienna and from December 1990 to April 1996, he was Chairman of the Board of Donau Bank. In 2012, he became an independent director at Vozrozhdenie Bank and served on its board of directors until his death in 2021.
* Dr. Valeriy V. Lyakin
* Dr. Richard Vornberg (CEO)

Christian Müllner
* Evgenij Minkin

Igor Strehl
(CEO)

Alexey Krokhin
(CEO)
* Simeon Nestorov
* Andrey Girichev (CEO)
* Andrey Skvortsov
* Mag. Damir Mehic
* Mag. Bernhard Schmidt
* Maria Minaeva
* Mark Airston
* Oxana Kozliouk

Notes

References

See also

{{Portal, Banks
* Foreign trade of the Soviet Union

Banks of Austria
Banks of the Soviet Union
Companies based in Vienna
Austria–Soviet Union relations