Sponsored Content
Erste Group Wins Lawsuit in Sweden
Sponsored Content
In a legal dispute over shares in a Swedish bank worth € 225m, the position of the Austrian Erste Group was able to prevail.

In 2007, the Erste Group granted a credit to the Swedish Savings Bank Foundation, which could not be served as a result of the financial crisis in 2008. Swedbank shares were deposited as collateral for the loan: the value of the 4% stake in the bank amounts to € 225m.
When the Erste Group acquired the shares in early 2009, the figure was still well below today's value. The…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Erste Group Manages € 1.00bn increase of Slovak sovereign bonds (April 18, 2011)
Erste Bank takes over Intermarket Bank (April 11, 2011)
Weinviertler Sparkasse and Erste Bank to merge (March 30, 2011)
Ikrath: "Bank Tax Should Fall in 2012" (March 18, 2011)
Upward Trend for Erste Group and Raiffeisen (March 11, 2011)
Sponsored Content
Read More
Featured