Erste Group Bank AG

 (3.0; 2 ratings)
3.0 2

Business Focus

retail banking

Founded in 1819, Erste Group Bank AG was the first Austrian savings bank. Erste Group is one of the largest financial services providers in Central and Eastern Europe. Erste Group Bank is a universal bank, offering a full range of retail, private, corporate and investment banking products and services to individuals, families, companies and financial institutions.

Bank Category

Savings banks

Services

retail banking
private banking
corporate banking
investment banking

Clients

natural persons
small- and medium-sized enterprises
companies
public-sector organizations

Area Served

ATAustria

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
housing savings
consumer loans
car loans
mortgage loans
trading accounts
business accounts
business payment cards
business loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Erste Group Bank AG can be done in a few steps:

1.
Submit online application
2.
Visit bank branch

Due to regulatory requirements Erste Group Bank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Erste Group Bank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Erste Group Bank AG will ask to provide corporate documentation as well as information about controlling persons. Erste Group Bank AG may request additional documentation or information depending on the case. Erste Group Bank AG performs client's identity verification via branch visit.

Ways to Bank

Erste Group Bank AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Common Shares

Listed Entity
Erste Group Bank AG
ISIN
AT0000652011
Stock Exchange
Wienna BoerseWienna Boerse (XWBO)
Ticker
EBS

See Also

Financials

Total Assets of Erste Group Bank AG
Net_income of Erste Group Bank AG
Market Share of Erste Group Bank AG
Total Assets (2019)
66,264.18 mln EUR  (-1.56%)
Net Income (2019)
644.70 mln EUR  (+7.14%)

In 2019 total assets of Erste Group Bank AG were 66 264,18 mln EUR. In 2019 the bank's net income was 644,70 mln EUR.

Credit Ratings

Fitch: A
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Erste Group Bank AG is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Guarantee Fund
Sparkassen-Haftungs GmbH (s-Haftungs)Sparkassen-Haftungs GmbH (s-Haftungs)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Austrian and foreign)
legal entities (Austrian and foreign)
Covered Accounts
all balances on bank accounts

Erste Group Bank AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. Erste Group Bank AG is a member of Sparkassen-Haftungs GmbH (s-Haftungs) and makes its contributions into it.

Contacts

Am Belvedere, 1, 1100, Wien, Austria
162
050100/10100
050100/910100

Erste Group Bank AG is located in Wien.

Social Networks

Erste Group Bank AG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
GIBAATWGXXX
Bank Sort Code
20100
LEI
PQOH26KWDF7CG10L6792
Company Number
33209m
MFI ID
AT0000019554466

Bank History

Established On
27 April 1993