Volksbank Romania targets €5 bln in assets an a 5 percent market share

In the coming months, the lender expects to introduce several new services on the local market, including Private Banking. “We plan to launch new services, such as discounts for constructions, a real estate service available for clients, managing sales and rentals. We will improve internet banking services, we will have new in&out cash ATMs to facilitate the payment of loan installments, Schreiner added.

One of the top challenges facing Volksbank Romania this year is a lack of skilled staff. According to Schreiner, the investment in the training of the bank’s employees will be a priority. Volksbank Romania plans to expand its network to up to 200 offices in 2008, from its current 135 units, and to more than double the number of franchises, from a current 90 units.