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 completed 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.