Všeobecná úverová banka, a.s. (abbreviated as “VUB“ or “The Bank“) is a retail and commercial

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

is domiciled in

Slovakia Slovakia (; sk, Slovensko ), officially the Slovak Republic ( sk, Slovenská republika, links=no ), is a landlocked country in Central Europe. It is bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the s ...

with its registered office at Mlynske Nivy 1, Bratislava. The Italian banking group

Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity s ...

is the majority shareholder of VUB, holding a 96.97% stake. The bank was acquired by the predecessor of Intesa Sanpaolo,

Banca Intesa Banca Intesa S.p.A. was an Italian banking group. It was formed in 1998. In the next year the banking group merged with another bank Banca Commerciale Italiana to become IntesaBCi. However, the name of the group was reverted to Banca Intesa in 2 ...

in 2001. , 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

References

{{DEFAULTSORT:Vseobecna uverova banka Banks of Slovakia Companies based in Bratislava Intesa Sanpaolo subsidiaries Banca Intesa acquisitions Banks under direct supervision of the European Central Bank