Erste Group

Erste Group Bank AG
Company typePublic
ISINAT0000652011
IndustryFinancial services
Founded9 August 2008 (October 1819 as the first Austrian savings banks)
HeadquartersVienna, Austria
Area served
Central and Eastern Europe
Key people
  • Peter Bosek (CEO)
  • Stefan Dörfler
  • Alexandra Habeler-Drabek
  • Ingo Bleier
  • Maurizio Poletto
Products
€10.552 billion (2023)
€7.228 billion (2023)
Total assets€337.2 billion (2023)
Total equity€28.5 billion (2023)
Number of employees
45,709 (2023)
Websitewww.erstegroup.com

Erste Group Bank AG (shortened version Erste Group) is an Austrian financial service provider. It is one of the largest financial service providers in Central and Eastern Europe serving more than 16 million clients in over 2,000 branches in seven countries. Erste Group is headquartered in Vienna and operates as a universal bank.

Erste Group is the central entity of the Sparkassengruppe Österreich (Austrian Savings Banks Group) and the Österreichischer Sparkassenverband. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. The main shareholder of Erste Group is the non-profit ERSTE Foundation.

In 1997, Erste Group went public and today the company is listed on the exchanges of Vienna, Prague and Bucharest and included in the indices CEETX, ATX and PX.