Erste Bank der oesterreichischen Sparkassen AG (Austria)

Address

Am Belvedere, 1, 1100, Wien, Austria

BIC

GIBAATWWXXX

Overview

Business Focus

retail banking

Erste Bank der oesterreichischen Sparkassen AG (Erste Bank Oesterreich), together with the Sparkassen, forms one of the largest banking groups in Austria. Traditionally for savings banks, Erste Bank's core business areas are deposits and lending provided to private customers, business customers and the public authorities.

Performance

In 2022, Erste Bank der oesterreichischen Sparkassen AG achieved the position of 6th largest bank in Austria with a market share of 4.14%; its total assets grew by 0.09%.

Additionally, the bank became the 76th profitable bank in relation to its total assets showcasing 0.64% return on assets in 2022.

Also the lender held the 396th position regarging its loans-to-deposits (L/D) registering 90.77% L/D ratio in 2022.

Deposit Protection

Deposits up to 100,000 EUR are covered by Austrian deposit guarantee scheme in Erste Bank der oesterreichischen Sparkassen AG.

Market Share (#6 in Austria)

Market Share of Erste Bank der oesterreichischen Sparkassen AG

Ratios

RoA

0.64%

L/D

90.77%

Services

retail banking

business banking

Clients

natural persons

business entities

public authorities

Area Served

local community

Austria

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Account Opening

Becoming a client of Erste Bank der oesterreichischen Sparkassen AG can be done in a few steps:

Submit online application

Visit bank branch

Open Account

Erste Bank der oesterreichischen Sparkassen AG performs client's identity verification via branch visit.

Ways to Bank

Erste Bank der oesterreichischen Sparkassen AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets of Erste Bank der oesterreichischen Sparkassen AG

Net_income of Erste Bank der oesterreichischen Sparkassen AG

Total Assets (2022)

41,112.53 mln EUR (+0.09%)

Net Income (2022)

261.52 mln EUR (+7.66%)

Erste Bank der oesterreichischen Sparkassen AG is the 6th largest bank in Austria in terms of total assets. In 2022 its total assets were 41 112,53 mln EUR, providing the bank with the market share of 4.14%. Erste Bank der oesterreichischen Sparkassen AG is the 2nd largest savings bank in Austria (out of 49 savings banks) having market share of 17.97% amongst the banks of this category. In 2022 the bank's net income was 261,52 mln EUR.

Deposit Guarantee

Guarantee Fund

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 Bank der oesterreichischen Sparkassen AG participates in the deposit guarantee scheme of Austria which 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 Bank der oesterreichischen Sparkassen AG is a member of Sparkassen-Haftungs GmbH (s-Haftungs) and makes its contributions into it.