Sponsored
Page 6/12

Erste Group

Erste Raises Stake in BCR

Erste Group’s ownership in BCR increases to 93.27%, following the successful buyout offer for minority shareholders.

June 5, 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

Participation Capital: € 98m Interest Payment by Erste Group

The Austrian bank pays € 98m in interest to the Republic of Austria.

May 31, 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

Vienna Stock Exchange: Winners and Losers (2012-05-18)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 18, 2012

New Supervisory Board at Erste Group

Friedrich Rödler was appointed as new chairman of the supervisory board of the Austrian bank.

May 16, 2012

„I´m Glad That It Is Over“

Andreas Treichl, CEO of Erste Group had to present the first annual loss to the shareholders since its IPO in 1997.

May 15, 2012

Hungarian Bank Tax May be Abolished

The extraordinary bank tax in Hungary will be halved in 2013 and deleted in 2014, the government said. Austrian banks are relieved.

May 10, 2012

Massive Demand for Austrian Railway Bonds

The majority of the € 1.0bn bond was placed with high quality institutional investors in Germany, Asia, Austria and France; offering was 3.0x over-subscribed within 30 minutes.

May 10, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-08)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 8, 2012 · Updated: May 8, 2012; 16:33

Vienna Stock Exchange: Winners and Losers (2012-05-05)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

May 5, 2012

Austrian Banks Only Reached Minor Profits in 2011

Last year, consolidated profits of Austrian banks were down by 85%. In total, profits after taxes amounted to € 0.71bn. At the moment, Spain and Portugal are not regarded as risk factors.

May 2, 2012

Vienna Stock Exchange: Winners and Losers (2012-05-02)

Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

May 2, 2012 · Updated: May 2, 2012; 13:05

Erste Group Surpasses Expectations

The Austrian banking group improves net profit to € 346.5m in Q1 2012, EBA capital requirement already met as of March 2012.

April 30, 2012

Erste Group Expected to Record Lower Profits

In the first quarter of 2012, the Austrian banking group will register weaker results compared to the first three months of 2011.

April 28, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-24)

Daily News-.Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 24, 2012

Moderate Profit Increase at Erste Bank

The Austrian subsidiary of the Vienna-based Erste Group could record a 12.1% profit increase. Lending was up by 33%.

April 24, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-23)

Daily News Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

April 23, 2012

Big Exposure in Spain and Portugal

In total, Austrian banks have an exposure of € 4.3bn in the financially stricken EU-countries Spain and Portugal.

April 19, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-18)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 18, 2012

Goldman Sachs: Too Small Margins at Austrian Banks in CEE

The U.S. investment bank is optimistic that the CEE region recovers in 2013. The write-offs made by Austrian banks were “correct”.

April 16, 2012

Erste to Improve Equity Base

Austrian Erste Group will ask shareholders for permission to sell bonds that automatically convert into shares to cover potential capital shortfalls.

April 16, 2012

Every Second Austrian Feels Affected by Austerity Policies

The government's austerity program causes the average amount saved to decline to € 5,085. The planned credit volume rises to € 79.800.

April 16, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-16)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 16, 2012 · Updated: April 16, 2012; 18:05

Erste Group Sells Property

The Austrian banking group shifts its headquarters to the new Vienna main station in three years. The property sales are essential due to equity restrictions by EBA.

April 13, 2012

S&P: Austrian Banks Still Weakly Capitalized

The U.S. rating agency S&P regards Austrian banks to record high capital shortfalls.

April 11, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-10)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 10, 2012 · Updated: April 10, 2012; 19:19

Vienna Stock Exchange: Winners and Losers (2012-04-04)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 4, 2012

Polytec: Declining Revenues, but Rising Earnings Expected

Tomorrow, Wednesday, the Austrian automotive component supplier presents its results of 2011. Analysts anticipate a significant increase in earnings.

April 3, 2012

Vienna Stock Exchange: Winners and Losers (2012-04-02)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

April 2, 2012 · Updated: April 2, 2012; 20:00

Vienna Stock Exchange: Winners and Losers (2012-03-31)

Daily News-Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

March 31, 2012

Vienna Stock Exchange: Winners and Losers (2012-02-23)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 23, 2012 · Updated: March 23, 2012; 10:51

Immofinanz: Analysts Expect Strong Earnings Growth

According to market expectations, the Austrian real estate company may achieve a 30% increase in EBITDA.

March 22, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-19)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 19, 2012

Bawag to Refund Bank Aid in 2014 by Earliest

The U.S. owned bank was the only one in Austria which could increase its profits last year. The restructuring is successfully completed.

March 17, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-17)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 17, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-15)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 15, 2012 · Updated: March 15, 2012; 19:03

No Credit Crunch in CEE

Western European banks maintain the liquidity of their subsidiaries in Central and Eastern Europe. The equity provision is better than expected.

March 14, 2012

Austrian Supervisory Authority Published Guideline For Banks

The Austrian Financial Market Authority (FMA) has published a supervisory guideline to strengthen the sustainability of the business models of large internationally active Austrian banks.

March 14, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-12)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 12, 2012

EBA Does Not Accept Participation Capital as Equity

Austrian banks face new difficulties. The European Banking Authorities does not approve participation capital by the Austrian state as Tier-1 Equity Capital.

March 8, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-07)

Daily News Flash from Vienna Stock Exchange. Upgrades and Downgrades, Winners and Losers.

March 7, 2012 · Updated: March 7, 2012; 19:41

Vienna Stock Exchange: Winners and Losers (2012-03-06)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 6, 2012 · Updated: March 6, 2012; 18:39

Erste Group Has € 150m Gain Through Hybrid Buyback

Erste Group Bank AG, Eastern Europe’s second-biggest lender, said it has agreed to buy back € 828.3m ($ 1.1bn) of hybrid securities to boost net income and capital.

March 6, 2012

Drastic Decrease in Stock Market Turnover

In February, stock market turnover was down by 28% at Vienna Stock Exchange. In January, trade decreased by 35% compared to January 2011.

March 2, 2012

Vienna Stock Exchange: Winners and Losers (2012-03-02)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 2, 2012 · Updated: March 2, 2012; 14:45

Vienna Stock Exchange: Winners and Losers (2012-03-01)

Daily News Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

March 1, 2012 · Updated: March 1, 2012; 18:05

Vienna Stock Exchange: Winners and Losers (2012-02-29)

Daily News-Flash from Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

February 29, 2012 · Updated: February 29, 2012; 18:26

Erste Group Returns to Profitability

In 2011, Erste Group registered losses of € 718.9m, which is less than initially expected. The fourth quarter was in the profit zone again.

February 29, 2012