Founded in 1819 as "Erste österreichische Spar-Casse", the Erste Group planned to get listed on the Vienna Stock Exchange in 1997 to expand its retail business to the CEE growth market. Due to numerous corporat...
Founded in 1819 as "Erste österreichische Spar-Casse", the Erste Group planned to get listed on the Vienna Stock Exchange in 1997 to expand its retail business to the CEE growth market. Due to numerous corporate acquisitions and organic growth, the Erste Group was able to become one of the largest financial services providers in Eastern Europe in view of total assets and the number of customers: The latter increased from 600,000 to about 15.8 million in Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia. In its role as major employer, the Erste Group offers attractive positions to about 46,600 employees. As an attractive employer, Erste Group offers interesting career opportunities in an international environment. (Header © Christian Wind)
Erste Group provides a range of banking and other financial services in Austria, Central and Eastern Europe, and internationally. The company operates through nine segments: retail, SME, ALM, and local CC, savings banks, large corporates, commercial real estate, other corporate, group markets, and group corporate center. The company offers savings accounts, asset management, consumer credit and mortgage lending, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market, and money market services, foreign exchange trading, and leasing and factoring services. It also provides current accounts, credit cards, and insurance products.
In addition, its corporate banking services include transaction banking services, such as cash management, payments, and account management, and international desk services; financing services comprise working capital, investment, trade and supply chain, leveraged, and syndicated loan finance; investment banking services consist of mergers and acquisitions, equity and debt capital markets, and specialized finance; real estate lending, leasing, and investment services; project development and construction services; and infrastructure financing services. Further, the company provides private banking as well as securities services.
Erste Group was founded in 1819 and is based in Vienna, Austria.