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Andreas Treichl

Romanian President Appreciates Erste Group´s Decision

Traian Basescu, President of Romania, is pleased with Erste Group´s announcement to continue its business in Romania.

January 28, 2012

Treichl: „S&P Errs Sometimes“

Erste Bank is ‘not guilty’ of Austria’s downgrade, CEO Andreas Treichl says.

January 25, 2012

Treichl: „Erste Could Bear Hair Cut in Hungary“

Andreas Treichl, Erste Group´s CEO, is optimistic for Hungary. A withdrawal of Erste Group is not considered.

January 18, 2012

Treichl Does Not Expect Hungarian National Insolvency

In spite of a large exposure in Hungary, Andreas Treichl, Erste Group´s CEO is optimistic. By 2014, Erste Group Hungary should be profitable again.

January 14, 2012

Erste Group: Capital Shortfall to be Covered by Profits

The new equity requirements will be fulfilled, Erste Group´s CEO Treichl says. The capital shortfall amounts to € 743m.

December 27, 2011

Changes to the Management Board of Erste Group

The Supervisory Board of the Austrian bank took several personnel decisions that concern the holding company as well as the subsidiaries in Hungary and Romania.

December 15, 2011

Treichl: „9% Quota Is Adequate“

The CEO of Erste Group, Andreas Treichl, is optimistic to achieve the prescribed 9% tier 1 capital quota by mid-2012.

December 10, 2011

Erste Group: Drastic Cut in Hungary

The Austrian bank cuts 450 jobs in Hungary. However, Erste Group emphasizes to stay in Central and Eastern Europe.

December 9, 2011

Treichl to be Confirmed as CEO

Erste Group´s CEO Andreas Treichl will extend his function at the Austrian major bank.

November 26, 2011

Financial Market Authority Terminates Inquiry Against CEO of Erste Group

The head of the Austrian bank group had been accused of balance sheed fraud. A second investigation for alleged market manipulation is still ongoing.

November 24, 2011

Capital Needs of Austrian Banks Total € 4bn

The increase is mainly a result of Erste Group’s third quarter loss, according to OeNB’s Executive Director Andreas Ittner.

November 3, 2011

Erste Group´s CEO Wants to Avoid Further State Aid

Andreas Treichl, CEO of the Austrian major bank Erste Group, wants to prevent a further influence of the Austrian state.

October 29, 2011

Declining Profits for ATX Companies

Analysts expect Vienna-listed companies to report substantial lower profits. Even losses are feared.

October 24, 2011

FMA Investigates Against Treichl

The Austrian Financial Market Authority has severe suspicions against Erste Group´s CEO Andreas Treichl.

October 18, 2011

Surprising Write-Offs at Erste Group

Due to write-offs in Hungary and Romania, Austrian Erste Group reports a net loss of about € 920 - 970m in the first three quarters of 2011.

October 10, 2011

Erste Bank to Keep State Capital Into 2012

According to Bloomberg, Erste Group Bank, Austria’s biggest lender, may not repay € 1.2bn in state aid until 2012.

October 8, 2011

Erste Group´s CEO: „The Situation is Serious“

Andreas Treichl, CEO of the Austrian Erste Group considers to delay the repayment of the Bank Aid.

October 1, 2011

Erste Group not Interested in Polish Bank Millenium

The Austrian bank continues looking for opportunities to expand into Poland after it has ruled out an acquisition of Bank Millenium.

August 16, 2011

Erste Group Strives for Full Control over Romanian BCR

The Austrian bank does not want its Romanian subsidiary to be listed at the stock exchange although it was a condition for the privatization.

August 4, 2011

Erste Group Increased Net Profit from January to June

The Austrian bank’s results were burdened by bank taxes in Austria and Hungary. Net profit was up 5.2%, based on a solid operating result and lower risk costs.

July 29, 2011

Credit Costs to Rise in the Wake of Basel III

The new regulatory requirements are expected to increase the cost of credits and to reduce the Austrian banks’ profitability.

July 20, 2011

Erste Group: Delayed Redemption of State Capital

The Austrian bank will not repay the € 1.2bn of participation capital before the end of the month, probably due to the ongoing stress test.

June 24, 2011

Erste CEO Aims to Repay State Capital Before End-June

The Austrian bank is negotiating the terms of refunding € 1.2bn for which it currently pays 8% interest per year.

May 19, 2011

„Austria Is Losing Its Competitiveness“

The Industrial Association’s president sees a “dramatic deterioration” of Austria’s competitiveness as a business location and criticizes a lack of respect for industrialists.

May 18, 2011

Reactions to Treichl’s Criticism

Treichl’s criticism of Austrian politicians and Basel III rules has sparked a public dispute. WIFO disagrees and calls banks’ attitude “highly provincial”.

May 17, 2011

Erste’s Treichl Says Politicians ‘Cowardly’ on Basel III Rules

Andreas Treichl, CEO of Erste Group, provokes fierce reactions with his criticism of Austrian politicians and new international capital rules.

May 16, 2011

Erste Group Reports Small Profit Increase

Erste Group increases Q1 2011 net profit to € 260.6 m on lower risk costs, despite negative impact from banking taxes.

April 28, 2011

Erste Group: State Aid to be Refunded

The CEO of Erste Group, Andreas Treichl, is considering paying back the state money for the amount of € 1.2bn.

February 26, 2011

Treichl: Massive Criticism on Austrian Government

Andreas Treichl, CEO of Erste Group criticizes the Austrian Government for its fiscal and structural policy. 2011 would be the last chance for reforms.

January 16, 2011

Triple-A Rating: Treichl vs. Nowotny

The Chairman of the Erste Group is not convinced anymore by Austria's financial policy; the Governor of the National Bank however, still stands on "AAA".

December 3, 2010

Head of Erste Bank Treichl advocates stress test ranking

"Then, investors can visualize the results," said Treichl after a bankers' meeting with Trichet.

July 22, 2010
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