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.
Becoming a client of Erste Group Bank AG can be done in a few steps:
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.
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.
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).
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.
Erste Group Bank AG is located in Wien.
Erste Group Bank AG has profiles at the following social networks: