Erste Group Bank

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Erste Group Bank was founded in 1819 as Austria's first savings bank. The Erste Group went public in 1997 with a strategy to expand its retail business into Central and Eastern Europe. Since then, Erste Group has become one of the largest financial services providers in the Eastern part of the EU in terms of clients and total assets.


As the Erste Group, they are present in the banking markets of 7 countries in the CEE region. They apply local knowledge to serve over 16 million customers. They finance families so they have space to live and help planners and founders take the first step towards independence. The initial public offering was carried out in Vienna in 1997. Erste Bank, which also carried out further capital increases until 2006 and one stock split. Some of these transactions were the largest of their kind ever on the financial market in Vienna. The capital raised was used to finance acquisitions.

Erste Bank not only works in banking but also produces goods ahead of their time, services that benefit clients, and markets that others must still acknowledge. This organization is one of the top places to work in the country. Erste Group Bank AG is a bank and financial services provider. Retail, asset/debt management, savings banks, and corporate hubs are among its business segments.


Founded: 1819
Headquarters: Vienna, Austria
Website: https://www.erstegroup.com/

Photo by  Floriane Vita on Unsplash
Photo by Floriane Vita on Unsplash
Erste Group Youtube Channel

Top 11 Biggest Austrian Companies

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  5. top 5 Voestalpine
  6. top 6 Raiffeisen Bank International
  7. top 7 A1 Telekom Austria
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  11. top 11 BAWAG Group

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