Erste Bank to Expand its Corporate Customer Business

Businessn.a. ♦ Published: January 28, 2011; 00:21 ♦ (Vindobona)

Business with local companies is set to grow twice as fast as the Austrian market. Share for SME business set to rise from 24 to 33% in the next 3 years.

Erste Bank to Expand its Corporate Customer Business / Picture: © Erste Group / Helmut Lackner

After a clear focus on private customer business in recent years – Erste Bank has increased its client share in Vienna from 18 to 25% since 2005 - the new management team of Erste Bank der oesterreichischen Sparkassen AG has set to expand its corporate customer business. Erste Bank plans to increase its main client share in the small & medium-sized business…