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Erste Group Bank AG is a public limited company that emerged from Erste Bank in 2008 and has since acted as a holding company for the Group's subsidiary banks in Austria and abroad. [12] The bank is active in seven countries in Central and Eastern Europe, with its private and corporate customer business focusing on the eastern part of the ...
Erste Group Bank was founded in 2008 to serve as holding company, fully owning Erste Bank in Austria (now known as Erste Bank Österreich ) and also owning the group's foreign operations. As of the end of 2022, the ERSTE Foundation controlled 24.2 percent of the capital of Erste Group Bank, whose equity is publicly listed and otherwise largely ...
Steiermärkische Sparkasse is the largest regional Sparkasse in Austria and an important part of the Austrian Sparkassen Gruppe, which consists of 46 Sparkassen with Erste Group Bank and Erste Bank Österreich as leading institutions. It is also a member of the Sparkassen Haftungsverbund. [6]
The seven regional associations (as of early 2024) are in Vienna (3 members, namely Erste Group Bank, Erste Group Österreich, and Zweite Sparkasse), Lower Austria (16 members), Upper Austria (9 members), Salzburg (2 members), Tyrol (8 members), Vorarlberg (5 members), Styria (4 members) and Carinthia (2 members).
Andreas Treichl: long-term CEO of Erste Bank, 2008 to 2020 CEO of Erste Group Bank AG; Robert Ulm: CEO of Hello bank!, more than 20 years of experience in the Austrian financial industry and online brokerage. Robert Zadrazil: CEO of Bank-Austria since 2016 and President of the Association of Austrian Banks and Bankers.
The "Big Four" banks of Austria are: [7] Erste Bank / Sparkasse* (credit unions) UniCredit Bank Austria (formerly Bank Austria Creditanstalt) Raiffeisen Bankengruppe* BAWAG P.S.K. (formerly Österreichische Postsparkasse) *separate legal entities operating under a common brand
Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
ERSTE Foundation (in German DIE ERSTE österreichische Spar-Casse Privatstiftung or in short: ERSTE Stiftung) is the biggest Austrian savings bank foundation. In 2003, it evolved from the Erste österreichische Spar-Casse, the first Austrian savings bank founded in 1819. It is the core shareholder of Erste Group.