Erste Group

Overview

Erste Group was founded in 1819 as ErsteOsterreichische Spar-Casse in Leopoldstadt, a suburb of Vienna. After the demise of communism, the company started a strong expansion into Central and Eastern Europe and by 2008 it had acquired 10 banks. In 1997, it went public and the company is listed on the exchanges of Vienna, Prague, and Bucharest and included in the indices CEETX, ATX, and PX.

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Quick Facts

Company Name Erste Group
Industry Financial Services
HQ Address Vienna, Austria
Revenue €4,774 Million [2020]
Employee Size 45690
Company Type Public
Fiscal Year-End 31st December
Website www.erstegroup.com
Subsidiaries OM Objektmanagement GmbH, Erste Group Services, Erste Group Procurement.
Locations 2,000 branches in seven core markets, including Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia
Competitors NOVO Banco, Swedbank, Absa, DNB
Recognition & Awards Extra Value Design Awards

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