Sponsored Content
Andreas Treichl
Sponsored Content
Soros Becomes Key Sponsor of the Forum Alpbach
Forum President Andreas Treichl, former boss of the Erste Group, has succeeded in acquiring US philanthropist George Soros (91), the founder of the Open Society Foundations (OSF), as a sponsor of the European Forum Alpbach, the annual exchange of ideas in the Tyrolean mountains.
August 27, 2021
Sponsored Content
Van der Bellen Appeals for the Acceptance of Afghans
In his speech at the opening of the European Forum Alpbach (EFA) with Greek President Katerina Sakellaropoulou, Austrian President Alexander Van der Bellen appealed for the acceptance of refugees from Afghanistan. Despite Austrian Chancellor Sebastian Kurz's concerns about accepting refugees, the president argued that there is a legal, moral and political obligation for the EU to offer protection to those forced to leave their country.
August 25, 2021
Sponsored Content
The European Forum Alpbach Gets a New Leadership
Bank manager Andreas Treichl is scheduled to take office as President of the European Forum Alpbach in 2021, succeeding Franz Fischler. Already this autumn, Philippe Narval, Secretary General and Managing Director of the European Forum Alpbach, is to hand over the reins to the entrepreneur and investor Werner Wutscher.
May 14, 2020
Timothy Snyder Opens 3rd Vienna Humanities Festival "Power & Powerlessness"
From 27 to 30 September, the third Vienna Humanities Festival will once again bring together leading figures from science, art and culture in an "urban salon" lasting several days. Around 40 events will be held themed "Power & Powerlessness" to discuss the major issues of our time.
September 14, 2018
Sponsored Content
Austrian Business Meets Foreign Diplomacy
In the context of the ‘Business meets Diplomacy’ series of events, representatives of the Austrian economy meet members of the foreign diplomatic corps for an exchange of views on Austrian business and the economy.
June 20, 2016
Erste Group Posts Net Profit of EUR 968.2 Million in 2015
“A net profit of nearly 1 billion euro, a strong capital base and substantially lower risk costs for 2015 show that we have done our homework,” said Andreas Treichl, CEO of Erste Group Bank AG, about the full-year 2015 preliminary results.
February 26, 2016
Erste Group Presents Net Profit of EUR 487.2 Million in H1 15
Erste Group closed the first half of 2015 with positive results, reflected in strong improvements in profitability, asset quality, lending and capital. The group reported a net profit of EUR 487.2 million in H1 2015, compared to a negative result of EUR -929.7 million in the similar period last year; all countries except Hungary made a positive contribution to this development. Total assets increased to EUR 197.5 billion, compared to EUR 196.3 billion at the end of 2014. This balance sheet growth reflects a 2.2% advance in net lending to customers compared to the end of 2014, to EUR 123.5 billion, supported by the 1.7% growth in loans to households, 2.0% to SMEs and 5.9% to large corporates.
August 7, 2015
Erste Group Seales Agreement to Sale 15 Percent of Hungarian Unit
Erste Group has invited the Government of Hungary and the EBRD to invest in Erste Bank Hungary Zrt. by acquiring a minority stake of up to 15 per cent each. Negotiations are in progress and the completion of the transaction is expected within the next six months.
February 9, 2015
Erste Group Bank AG: Voting Results of the 21st AGM
Erste Group Bank AG has published the voting results of the 21st Annual General Meeting, which took place on 21 May 2014 at 10 a.m., as follows.
May 22, 2014
Sponsored Content
Austria: Bank Levy Begins to Wobble
Austria´s Minister of Economics Reinhold Mitterlehner proposed to reduce the bank levy. The coalition partner, the social democrats, is surprisingly open to talks.
April 25, 2014
„Brussels Must Reconsider Enlargement Policy“
Austrian Minister of Foreign Affairs Sebastian Kurz criticized the EU´s approach towards Ukraine. However, the EU has to develop further.
April 25, 2014
Erste Group to be Relocated to the Czech Republic?
CEO of Erste Group, Andreas Treichl, has informed Czech President Milos Zeman about the bank’s intention to move to Prague in the coming years.
April 9, 2014
Treichl: „The U.S. Have Solved the Crisis Better“
Andreas Treichl, CEO of the Vienna-listed lender Erste Group, thinks that everything takes too long in Europe. The communication between banks and the government is insufficient, Treichl says.
April 5, 2014
Hypo Group: Risk Identified Already in 2009
Three months after a report on the risk and susceptibility to fraud of Hypo Group’s leasing affiliates was published by PwC, ailing Hypo Group was nationalized.
March 3, 2014
Sponsored Content
„Austria Needs an Excellent Minister of Finance“
Andreas Treichl, CEO of the third-biggest lender in Central, Eastern and Southeastern Europe expressed subtle doubt as to whether Michael Spindelegger is the right person for the job.
March 2, 2014
Treichl: „Not Afraid of Hypo Group Bankruptcy“
Andreas Treichl, CEO of Vienna-listed Erste Group does not think that a potential bankruptcy of the nationalized lender Hypo Group Alpe Adria would affect Erste Group´s rating.
March 1, 2014
Erste Group: Profits Decline
Erste Group posts net profit of EUR 61.0 million in 2013 and improves capital ratios.
February 28, 2014
Austrian Bank Levy: “Penalty Gone Wild”
On the basis of a new method of calculation around € 90m more in bank levy should be generated compared to the previous year.
January 22, 2014
Austrian Banks to Resist Further Burdens?
Podium discussion at Viennese law firm Binder Grösswang.
January 20, 2014
Sponsored Content
Austria: Rules for Bank Tax to Be Changed
The governing parties call for changes in the bank tax which would increase the burden of some Austrian banks.
December 20, 2013
Poland: BGZ Bank Taken Over by BNP Paribas
Polish BGZ Bank will be taken over by French BNP Paribas for a selling price of around € 1bn.
December 5, 2013
BNP Shows Interest in Taking Over Polish BGZ
In the race for the Polish lender BGZ, the biggest French bank BNP Paribas enters the stage.
November 8, 2013
Erste Group Expects Operating Result to Decline Significantly in 2013
Erste Group posts net profit of EUR 430.3 million in the first nine months of 2013; risk costs decline.
October 30, 2013
BGZ: Santander Aims to Expand into Poland
In order to complete its local affiliate Bank Zachodni WBK, Spanish Santander intends to take over the Polish lender BGZ.
October 29, 2013
Sponsored Content
Erste Observes SEE Region Intensively
Vienna-listed Erste Group, which is the third-biggest lender in the CESEE region, wants to expand into Southeastern Europe.
October 11, 2013
Treichl: Requirements for Banks Increased Massively
According to the CEO of Erste Group, the requirements for banks have increased by three to six times. Moreover it has become harder for banks to finance small and medium sized enterprises (SME).
September 17, 2013
Turkish Dogus Group Not Interested in Hypo Alpe Adria
A high-ranking representative of Turkish Dogus Group denied that the corporation was interested in taking over Austrian bank Hypo Alpe Adria. In an interview with “Wall Street Journal” he claimed there had been no negotiations with Hypo.
September 10, 2013
Treichl Sells Erste Shares for Half a Million Euros
Because of “private liquidity reasons“, CEO of Erste has sold 20,000 shares via the stock exchange. His deputy Hochstrasser sold 10,000 shares.
August 21, 2013
Austria: Kranebitter to Leave Hypo Group
After three and a half years, Gottwald Kranebitter steps back as CEO of nationalized Hypo Alpe Adria. Tax payers are left with a burden running in the billions in the years to come.
August 19, 2013
Sponsored Content
Erste Paid Back € 1.22 to Austrian State
On Thursday, Erste Group announced that the participation capital in the amount of € 1.76 was paid back completely.
August 8, 2013
Meager Profits for Erste Group in First Half 2013
Erste Group posts net profit of EUR 301.2 million for first half of 2013; risk costs decline
July 30, 2013
Erste Group Claimed of Being Interested in Croatian Banks
There are rumors of the taking over of Hypo Croatia and HPB. However, the banks deny the speculations.
May 29, 2013
Alpine: Future Still Highly Uncertain
Today, Alpine´s creditors decide whether the financially stricken construction company will be restructured.
February 28, 2013
Size of Austrian Bank Aid: € 20bn
Since 2008, the Austrian state has injected more than € 8bn into domestic banks. Guarantees total € 12bn.
February 5, 2013
Sponsored Content
„Our Future is Central and Eastern Europe“
Andreas Treichl, CEO of Austrian Erste Group, stresses the importance of the CESEE region and the necessity to become more efficient.
January 29, 2013
Treichl: „BCR Will be Positive this Year“
Erste Group´s CEO Andreas Treichl thinks that the Romanian subsidiary Banca Commerciala Romania will not record losses in 2013.
January 24, 2013 · Updated: January 24, 2013; 21:58
Erste Group: Austerity Cuts Also in Austria
After sharp austerity measures in Romania and Hungary, the banking group wants to reduce personnel costs in Austria.
January 15, 2013
Czech Republic: Euro Introduction No Issue Yet
The Czech Prime Minister Petr Necas explained that the Czech Republic does not strive for becoming a member of the Eurozone.
December 21, 2012
Treichl: Austria Should Cooperate with CEE Countries
Erste Group´s CEO Andreas Treichl thinks that CEE countries and Austria should create a model region in Europe like the Scandinavian countries did.
November 16, 2012
Sponsored Content
Debt Crisis: “Somebody Will Have to Pay”
European Forum Alpbach 2012: Andreas Treichl, CEO of Erste Group thinks that the internationalization of the banking industry cannot be reversed. According to Treichl, the European citizens will have to pay for the crisis.
August 30, 2012
Czech Republic: Erste Group´s CEO Advises Against Introducing the Euro
According to Andreas Treichl, the Czech Republic should not enter the Eurozone now.
August 2, 2012
Erste Group: Concerns Despite Profits
Yesterday, the Austrian banking group published its results for the first half year. The business in Romania, Hungary and Ukraine causes worries.
August 1, 2012
Erste Group Burdened by Losses in Eastern Europe
Despite losses in Romania, Hungary and Ukraine, Erste Group posts a net profit of € 453.6m in first half of 2012.
July 31, 2012
Erste Group Lays Cornerstore for New Headquarters
In 2016, Austrian Erste Group will get a new headquarters. 20 different offices will move to the new central headquarters at the Viennese Central Station.
June 27, 2012
Treichl: „Europe Does Not Need the Euro“
Andreas Treichl, CEO of Austrian Erste Group thinks that the European Union would work very well without the common currency. A common army would be more important.
June 25, 2012
Orban Defends Hungarian Economic Policy
The Hungarian Prime Minister Viktor Orban met Austrian policymakers in Vienna. The Hungarian bank tax should be replaced by a financial transaction tax.
June 13, 2012
„Bank Union is Still Far Away“
Ewald Nowotny, Governor of Austria´s Central Bank, thinks that a bank union in the Eurozone would still take some time. Erste Group´s CEO Andreas Treichl approves the idea.
June 6, 2012
Treichl: „Spain Needs Help“
The CEO of theAustrian Erste Group Andreas Treichl is in doubt whether Spain may conquer the crisis without help. Regarding Greece, Europe has to pay anyway, Treichl thinks.
June 1, 2012
Austrian Banks Record Profits Due to Special Items
This year, Austrian banks achieved earnings of € 1.0bn. This does not relate to operating business, but with special items.
May 26, 2012
BCR: Treichl Expects Soon Recovery
Andreas Treichl, CEO of Erste Group, anticipates a soon recovery of the Romanian subsidiary Banka Comerciala Romana.
May 19, 2012
Sponsored Content
Fast News Search
