Analyst Research Report Snapshot


Erste Group Bank AG




MarketLine (a Datamonitor Company)


13 Jan 2015





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Erste Group Bank AG (Erste Group or “the group”) is an Austrian bank which provides a range of financial services including retail banking, commercial banking, investment banking, asset management and trade financing. Additionally, the group provides insurance, leasing and factoring services. The group primarily operates in Austria and Central and Eastern Europe. It is headquartered in Vienna, Austria and employed 49,381 people as on December 31, 2012. The group recorded revenues* of E5,774.4 million ($7,426.3 million) during the financial year ended December 2012 (FY2012), an increase of 0.9% over FY2011. The operating profit of the group was E801.2 million ($1,030.4 million) in FY2012, compared to an operating loss of E322.1 million ($414.2 million) in FY2011. The net profit was E483.5 million ($621.8 million) in FY2012, as compared to a net loss of E718.9 million ($924.6 million) in FY2011.

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