Investing in Erste Group

Peter Bosek, CEO of Erste Group:
“Our loan volume increased in the first nine months, although the economic environment remains muted. Residential mortgages in particular are finally showing signs of recovery, not least due to falling key interest rates. Although our cost of risk has increased slightly, it remains at a low level and our capitalisation is very solid. All this makes us well positioned to continue fulfilling our role as a provider of financing for investment and growth in our region, and to continue pursuing our own growth story.”

Stefan Dörfler, CFO of Erste Group Bank AG
“The first nine months were characterised by solid growth in our operating business. We were able to slightly increase our loan volume and to improve all of our core revenue components. All this led to an increase of nearly eight percent in our operating result. On this basis, we can further raise our already positive outlook for 2024 in several respects.”