Article Tools

Erste Observes SEE Region Intensively

Published: October 11, 2013; 19:38 · (Vindobona)

Vienna-listed Erste Group, which is the third-biggest lender in the CESEE region, wants to expand into Southeastern Europe.

Erste Observes SEE Region Intensively / Picture: © Erste Group / Christian Wind

Austrian Erste Group wants to grow in Southeastern Europe. Potential takeover targets were found in Croatia and Serbia.

At the moment, Croatia´s government privatizes HBP (Croatian Postbank). The Croatian state holds a 99% stake in the banking group.

In September, Erste Group´s subsidiary Erste & Steiermärkische Bank has submitted a first offer for Croatian HBP.…

This article includes a total of 291 words.

or Log In

Fast News Search
Related News
Moody’s Honors Austrian Banks in CESEE (October 3, 2013)
Pecik to Buy Hypo Group´s SEE-Affiliates? (October 2, 2013)
Austrian Bank Tax Paid By Bank´s Customers (September 26, 2013)
Banking in CESEE: Risk Provisions to Decline (September 20, 2013)
Bank Austria to Close Subsidiaries in Hungary (September 19, 2013)
Read More
Erste Group, Andreas Treichl, Slovenia, Croatia, UniCredit, M & A, Banking Industry, Hypo Group Alpe Adria
ISIN
AT0000652011
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter