Erste Paid Back € 1.22 to Austrian State

Politics ♦ Published: August 8, 2013; 12:18 ♦ (Vindobona)

On Thursday, Erste Group announced that the participation capital in the amount of € 1.76 was paid back completely.

Erste Paid Back € 1.22 to Austrian State / Picture: © Vindobona.org

Hence, Erste Group has paid back the participation capital in the amount of € 1.76bn, which was emitted in 2009. € 1.22 was subscribed by the Austrian state and € 530m by private investors.

From 2009 until 2012, the Austrian state received an annual dividend payment in the amount of € 98m while private investors received € 43m, according to the bank. Including the…

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