About us
Established with the objective of growing prosperity and providing access to financial services for all, Erste Social Finance Holding is a joint venture of Erste Group Bank AG and ERSTE Foundation.
As a social enterprise, Erste Social Finance Holding aims for positive social impact and sustainable financial results. As stipulated in its Articles of Association, it does not distribute dividends but reinvests all generated profits into new social projects.
Erste Social Finance Holding acts as a social finance investor and intermediary in the region of Central and Eastern Europe. Its main activities include investing in social business models which are financially sustainable, and developing and launching innovative social finance instruments.
Investments and financing activities shall aim to achieve the following objectives:
Improving financial stability and housing for people on low income.
Enabling job creation and self-employment.
Fostering social innovation and enlarging the impact of social organisations.
Contact us
Please contact your local social banking partner for more detailed information on projects and products.
For information about Group-wide projects, please contact the Erste Social Finance Holding team:
Social Finance Instruments
Erste Social Finance Holding offers equity and quasi-equity (subordinated loans) instruments to complement the debt financing provided by Erste Group and its local banks.
It invests in sustainable and solid social business models to support their initiation, upscaling and further development.
Furthermore, it assists public authorities or the philanthropic sector in designing and launching payment-by-result financial instruments like social impact bonds and support schemes for the social economy.
The investments must deliver tangible social or environmental impacts contributing to the United Nations Sustainable Development Goals (UN SDGs) as well as positive financial returns.