Erste Bank der oesterreichischen Sparkassen AG

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.

Bank Category

Savings banks

Services

Retail Banking
Corporate Banking

Financials

Total Assets (2017)
25 183.90 mln EUR  (+7.17%)
Net Income (2017)
158.53 mln EUR  (+58.38%)

In 2017 total assets of Erste Bank der oesterreichischen Sparkassen AG were 25 183,90 mln EUR. In 2017 the bank's net income was 158,53 mln EUR.

Erste Bank der oesterreichischen Sparkassen AG participates in deposit guarantee scheme of Austria. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Erste Bank der oesterreichischen Sparkassen AG is a member of Erste Group (Austria).

Contacts

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

Erste Bank der oesterreichischen Sparkassen AG is located in Wien.

Bank Identifiers

BIC (SWIFT)
GIBAATWWXXX
MFI ID
AT0000077807293
Bank Sort Code
20111
Company Number
286283f
Established On
08 November 2006

Business Summary

Eligible Clients
natural persons
business entities
public authorities
Services
retail banking
corporate banking
Products
current accounts
savings accounts
time deposit accounts
consumer loans

Erste Bank der oesterreichischen Sparkassen AG provides products and services in the areas of retail banking, corporate banking. The range of products offered by Erste Bank der oesterreichischen Sparkassen AG includes current accounts, savings accounts, time deposit accounts, consumer loans. Erste Bank der oesterreichischen Sparkassen AG makes its solutions available to natural persons, business entities, public authorities.

Financial Positions

Total Assets (2017)
25 183.90 mln EUR  (+7.17%)

In 2017 total assets of Erste Bank der oesterreichischen Sparkassen AG were 25 183.90 mln EUR. Growth compared to the previous period (2016) was 7.17%. The evolution of the total assets of Erste Bank der oesterreichischen Sparkassen AG is shown at Chart 1 below.

Total Assets of Erste Bank der oesterreichischen Sparkassen AG.

Chart 1. Total Assets of Erste Bank der oesterreichischen Sparkassen AG.

Recent changes in total assets of Erste Bank der oesterreichischen Sparkassen AG and its main components are shown in Table 1.

2016 2017 % change
Loans to banks 4 202.8 4 923.6 +17.15%
Loans to customers 15 891.8 17 253.8 +8.57%
Bonds and other fixed-income securities 621.7 504.0 -18.94%
Shares and other variable-yield securities 159.8 55.1 -65.53%
Total Assets 23 498.6 25 183.9 +7.17%
Table 1. Recent changes in total assets of Erste Bank der oesterreichischen Sparkassen AG (mln EUR).

Recent changes in total liabilities of Erste Bank der oesterreichischen Sparkassen AG and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 1 953.9 1 933.8 -1.03%
Customer deposits 18 972.5 20 650.3 +8.84%
Total Liabilities 23 498.6 25 183.9 +7.17%
Table 2. Recent changes in total liabilities of Erste Bank der oesterreichischen Sparkassen AG (mln EUR).

Profit and Loss

Operating Income (2017)
691.78 mln EUR  (+4.78%)
Net Income (2017)
158.53 mln EUR  (+58.38%)

Recent changes in gross profit of Erste Bank der oesterreichischen Sparkassen AG and its main components are shown in Table 3.

2016 2017 % change
Commission Income 227.5 295.5 +29.86%
Commission Charges -50.1 -50.8 +1.28%
Interest Income 384.0 415.0 +8.06%
Interest Charges -49.9 -69.3 +38.90%
Net Interest Income 334.2 345.7 +3.46%
Table 3. Recent changes in gross profit of Erste Bank der oesterreichischen Sparkassen AG (mln EUR).

In 2017 net income of Erste Bank der oesterreichischen Sparkassen AG was 158.53 mln EUR. Growth compared to the previous period (2016) was 58.38%. The evolution of the net income of Erste Bank der oesterreichischen Sparkassen AG is shown at Chart 2 below.

Net Income of Erste Bank der oesterreichischen Sparkassen AG.

Chart 2. Net Income of Erste Bank der oesterreichischen Sparkassen AG.

Market Share and Rank (among banks in Austria)

Total Assets (2015)
7th (market share 2.80%)

In 2015 Erste Bank der oesterreichischen Sparkassen AG was ranked the 7th largest bank in Austria in terms of total assets, having 2.80% of the domestic market share.

Market share of Erste Bank der oesterreichischen Sparkassen AG (among banks in Austria)

Chart 3. Market share of Erste Bank der oesterreichischen Sparkassen AG (among banks in Austria)

Several banks having the market shares and ranks closest to Erste Bank der oesterreichischen Sparkassen AG are shown below.

RankNameTotal AssetsMarket Share
6RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG26584.21 mln EUR3.27%
7Erste Bank der oesterreichischen Sparkassen AG22757.81 mln EUR2.80%
8Oesterreichische Kontrollbank AG22023.63 mln EUR2.71%
 

Market Share and Rank (among Savings banks in Austria)

Total Assets (2015)
2nd (market share 15.59%)

In 2015 Erste Bank der oesterreichischen Sparkassen AG was ranked the 2nd largest savings bank in Austria in terms of total assets, having 15.59% of the category's market share.

Market share of Erste Bank der oesterreichischen Sparkassen AG (among Savings banks in Austria)

Chart 4. Market share of Erste Bank der oesterreichischen Sparkassen AG (among Savings banks in Austria)

Several savings banks having the market shares and ranks closest to Erste Bank der oesterreichischen Sparkassen AG are shown below.

RankNameTotal AssetsMarket Share
1Erste Group Bank AG60351.65 mln EUR41.33%
2Erste Bank der oesterreichischen Sparkassen AG22757.81 mln EUR15.59%
3Steiermärkische Bank und Sparkassen AG12669.34 mln EUR8.68%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Austria are obliged to participate in Austrian deposit guarantee scheme.

In the case of Erste Bank der oesterreichischen Sparkassen AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all balances on interest-bearing and non-interest bearing accounts
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Erste Bank der oesterreichischen Sparkassen AG and its components are shown in the table below.

BIC  GIBAATWWXXX
Bank BIC Code  GIBA
Country Code  AT (Austria)
Location Code  WW
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Erste Bank der oesterreichischen Sparkassen AG is shown in the table below.

MFI ID  AT0000077807293

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  20111

In Austria the code consists of five digits.


Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  286283f