Erste Group

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

Profit Record for Erste Group

Austrian Erste Group increases 2010 net profit by 12.4% to € 1,015.4 m on strong operating result and lower risk costs.

February 26, 2011

Erste Group: Strong Increase in Lending

The Austrian Erste Group granted € 7.8bn loans in 2010 and expects demand for credit to rise in 2011 and 2012.

February 25, 2011

Vienna Stock Exchange: Winners and Losers (2011-02-22)

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

February 23, 2011

Saving in Austria Still Popular

Erste Bank’s forecast on savings and credit trends: Austrians plan to set aside approximately € 5,460 in 2011.

February 22, 2011

Vienna Stock Exchange: Winners and Losers (2011-02-18)

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

February 19, 2011

Erste Group manages € 1.25bn increase of Slovak Bonds

Strong interest for the Slovak sovereign bonds offering: total orders amounted to € 1.9bn from over 100 investors.

February 19, 2011

AE&E Quota only 5%

The largest division of the insolvent Austrian technology group A-Tec is likely to offer only very little to its creditors.

February 17, 2011

Erste Bank Hungary CEO to resign

Edit Papp, the CEO of Erste Bank Hungary, has decided to pursue other professional opportunities and therefore announced her resignation.

February 16, 2011

Vienna Stock Exchange: Winners & Losers (2011-02-14)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers

February 15, 2011

Upward Trend for CEE Insurance Stocks

CEE insurance stocks to get a boost from rising profits, cheap valuation and stronger investor demand.

February 10, 2011

Vienna Stock Exchange: Winners and Losers (2011-02-09)

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

February 10, 2011

Vienna Stock Exchange: Winners and Losers (2011-02-08)

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

February 9, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-04)

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

February 5, 2011

Vienna Stock Exchange. Winners and Losers (2011-02-02)

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

February 3, 2011

Austrian Companies on Roadshow to London

Especially one of Austria´s leading banks, Erste Group, will be presented at the Investor Day in London.

February 2, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-27)

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

January 28, 2011

Erste Bank to Expand its Corporate Customer Business

Business with local companies is set to grow twice as fast as the Austrian market. Share for SME business set to rise from 24 to 33% in the next 3 years.

January 28, 2011

Austrian Companies on Roadshow to Tokyo

Erste Group, RBI, VIG and Immofinanz are participating at the roadshow in Japan.

January 28, 2011

Bank Assistance is Lucrative for the State

Contrary to fears, revenues of the bank rescue package more than double the refinancing costs.

January 26, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-24)

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

January 25, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-21)

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

January 22, 2011

Weak Capital Base of Austrian Banks

According to the rating agency Standard & Poor's (S&P), Austria's major banks are equipped with very weak equity by international standards.

January 20, 2011

Bank Taxes: „Job Cuts or Price Increase”

According to Michael Ikrath, bank representative of the “Sparkassen”, the new charges for Austrian banks are the highest in Europe.

January 17, 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

Vienna Stock Exchange: Winners and Losers (2011-01-12)

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

January 13, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-07)

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

January 7, 2011

Analysts: Outstanding Forecasts For ATX

According to analysts, the Austrian Stock Index ATX will continue its strong upward trend in 2011. Double-digit growth rates are expected.

January 7, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-05)

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

January 5, 2011

CEE Stocks to Climb by 20% in 2011

Erste Group analysts recommend: stock picking rather than sector allocation. 2011 to be a positive year for equity investments.

January 5, 2011

Vienna Stock Exchange: Winners and Losers (2011-01-03)

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

January 3, 2011

Higher Bank Tax for Bank Austria

The UniCredit-subsidiary Bank Austria will have to pay a bigger amount of the bank tax in 2011. The contribution in the following year decreases.

December 27, 2010

Analysts Predict Good Year for ATX

According to analysts, the Vienna Stock Exchange will experience a favourable performance in 2011. However, 2011 won´t surpass 2010.

December 27, 2010

Vienna Insurance Group Expands in Macedonia

Vienna Insurance Group granted life insurance licence in Macedonia. The project will be started with the Austrian bank Erste Group.

December 23, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-14)

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

December 14, 2010

Austrians spend about € 2.5bn on gifts

Spending propensity shows a rising trend. Cash is still the most widely means of payment.

December 14, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-10)

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

December 10, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-07)

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

December 7, 2010

Vienna Stock Exchange: Winners and Losers (2010-12-06)

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

December 6, 2010

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

Vienna Stock Exchange: Winners and Losers (2010-12-01)

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

December 1, 2010

Erste Group is Holding Repayment of Public Funds

The participation capital granted by the State following the bank crisis will only be paid back by the Erste Group after specifications of Basel III are set.

November 30, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-23)

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

November 23, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-15)

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

November 15, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-12)

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

November 12, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-11)

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

November 11, 2010

Erste Group: Job Reduction in Hungary

The Austrian bank plans to cut 250 jobs in Hungary. Reasons are the bad loans and the introduction of the bank tax.

November 11, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-10)

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

November 10, 2010

Erste Group: CEE Companies More Efficient than Western Counterparts

CEE companies are more efficient, more profitable and less indebted as Western companies. The German corporate sector is the only sector to compete with CEE companies.

November 10, 2010

Vienna Stock Exchange: Winners and Losers (2010-11-09)

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

November 9, 2010
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