Monika Cisar-Libeteder was the first woman to take over the presidency in the Austrian Cooperative Association. In the interview, the Volksbank-Styria boss tells about an apparently dusty model, increased banking and the strong plus for residential loans.
“Krone”: Cooperative that sounds a bit dusty in 2025. Is that that?
Monika Cisar-Leibeteder: No, I think it is modern again. Cooperatives are founded in economically difficult times: we create what one cannot do. This is precisely the access with which we can revive our economy. With Covid we learned that globalization is not the last conclusion of wisdom.
Source: Krone
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