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Österreichische Volksbanken-Aktiengesellschaft

EANS-Adhoc: Österreichische Volksbanken-Aktiengesellschaft /Quarterly Report

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
quarterly report
06.11.2009
Q3 2009 result: Operating income of euro 307 million, consolidated 
net income falls to euro -607 million due to risk provisions
The Managing Board of Österreichische Volksbanken-Aktiengesellschaft 
announced on 6 November 2009 that ÖVAG Group generated operating 
income of euro 307 million in the first three quarters of 2009.
However, risk provisions and corrections in the valuation of 
participations drove down consolidated net income to euro  - 607 
million before tax as of 30 September 2009.
Despite the negative result in the third quarter, ÖVAG on a Group 
basis has a core capital ratio of 8.5 %, which exceed the statutory 
minimum and an equity ratio of 11 %.
For the fourth quarter, further effects are expected from the 
valuation of participations and the increase in risk provisions, but 
to a lesser extent than in the third quarter.
Due to the continuing difficult economic environment, a  distribution
in 2011 for the 2010 fiscal year on profit-related securities is 
unlikely from today´s viewpoint. Publication of the final 2009 
results is planned for April 2010.
The five biggest listed issues of Österreichische Volksbanken-Aktiengesellschaft
in terms of issue volume:
ISIN:
XS0451759012
XS0417722393
XS0412533399
XS0271095357
AT000B053442
The issues of Österreichische Volksbanken-Aktiengesellschaft are 
admitted on the following stock exchanges:
-       Regulated unofficial market of Wiener Börse AG
-       Official trading of Wiener Börse AG
-       EUWAX segment of Baden-Württembergische Wertpapierbörse
-       Regulated market of Baden-Württembergische Wertpapierbörse
-       Regulated market of the Prague Stock Exchange
-       EURONEXT of the Amsterdam Stock Exchange
-       Regulated market of the Luxembourg Stock Exchange
end of announcement                               euro adhoc

Further inquiry note:

Walter Gröblinger
Tel.: +43/ (0) 50 4004-0
E-Mail: walter.groeblinger@volksbank.com

Branche: Banking
ISIN: AT0000755665
WKN:
Index: Standard Market Auction
Börsen: Prague Stock Exchange / stock market
Wien / official market