Press Releases 2012

2. Quarter

16.05.2012 - Erste Group: Rödler appointed as new Chairman of the Supervisory Board


15.05.2012 - 3-Day Workshop for Start-ups

The 12th Start-up Academy of Erste Bank and Sparkasse will be taking place from 15 to 17 June 2012.


10.05.2012 - Erste Group is joint bookrunner for EUR 1 bn bond issue for OeBB-Infrastruktur AG

Erste Group Bank AG („Erste Group”), mandated as joint bookrunner, successfully issued a EUR 1 bn fixed rate 20-year bond for OeBB-Infrastruktur AG, the sole owner, constructor and operator of virtually the entire Austrian rail network.


08.05.2012 - New Head of Communications at Erste Bank Oesterreich

New Head of Communications at Erste Bank Oesterreich


30.04.2012 - Erste Group improves net profit to EUR 346.5 million in Q1 2012 - EBA capital requirement already met as of March 2012

With a first quarter net profit of EUR 346 million Erste Group made a strong start to 2012.


24.04.2012 - Erste Bank and the savings banks achieve higher net profit of EUR 260 million

The 50 Austrian savings banks (including Erste Bank Oesterreich and “Die Zweite Sparkasse” but excluding Erste Group Bank AG) attained a higher preliminary net profit up from EUR 232.4 million to EUR 260.4 million (+12.1%) .


23.04.2012 - Erste Bank Social Banking: Working against Poverty

Study commissioned by Erste Bank shows the effects of social banking on the economy


20.04.2012 - Android net banking app goes live on 23 April

It is finally ready: The net banking app of Erste Bank and Sparkassen for the Android operating system is ready for use.


19.04.2012 - “Ready to Race?” – KTM issues corporate bond

Erste Group Bank AG, as joint lead manager has successfully placed a KTM Power Sport AG bond with a maturity of five years.


16.04.2012 - Erste Bank’s outlook on savings and loans trends

Every second Austrian feels affected by austerity policies


11.04.2012 - Euro area 2012: first steps on path to recovery

Bond, currency and equity outlook for the second quarter


02.04.2012 - Erste Bank cuts CO2 emissions by more than half

Starting today, Erste Bank and its subsidiaries will buy only green electricity.


1. Quarter

06.03.2012 - Women's power: Every other woman reaches financial decisions on her own

Although only 18% of women believe that finance is a female theme, every other woman reaches decisions on money and finance alone.


05.03.2012 - Oil price to hit new all time-highs; average USD 123 per barrel expected until March 2013

Der Ölpreis wird auch 2012 weiter hoch bleiben. Hintergründe und Entwicklungen erklärt der Rohstoffexperte der Erste Group Ronald Stöferle.


29.02.2012 - Erste Group returns to profitability in Q4 11 and cuts net loss for 2011 to EUR 718.9 million; timely compliance with EBA capital requirement


22.02.2012 - Erste Group successfully manages issue of Czech Republic EUR 2.0 bn bond

Erste Group Bank AG (“Erste Group”) through its subsidiary Ceská sporitelna successfully managed a EUR 2.0 bn issue of a 10-year Czech government bond as Joint Lead Manager and Joint Bookrunner.


21.02.2012 - Erste Group is joint bookrunner for EUR 75 million retail bond issue for Miba AG

Erste Group Bank AG („Erste Group”), mandated as joint bookrunner, successfully placed a EUR 75 m 7-year bond for Miba AG, one of the leading strategic partners of the international engine and automotive industry.


20.02.2012 - Erste awarded for best private banking services in Austria, Hungary and Romania by Euromoney

Erste Group Bank AG subsidiaries in Central and Eastern Europe have once again won top places in the Euromoney Private Banking Survey 2011 conducted by the British financial magazine Euromoney: Erste Bank Oesterreich successfully retained its position as Austria’s leading private bank for the third consecutive year; Erste Bank Hungary and Banca Comerciala Romana came in number 1 in their home markets for the first time.


14.02.2012 - Austria will absorb developments in 2012 better than the euro zone

The main theme of the year 2012 will continue to be the euro zone government debt crisis.


06.02.2012 - CEE countries with bigger breathing space for higher government bond yields

Even though the ongoing sovereign debt crisis in the Euro Area and increased risk aversion dented demand for CEE government securities, Erste Group analysts do not see any sizable sell-off comparable to post-Lehman.


02.02.2012 - Erste Group successfully issues EUR 1.0 bn mortgage covered bond

Erste Group Bank AG („Erste Group”) successfully opened the 2012 market for Austrian issuers with a 10-year EUR 1.0 bn mortgage covered bond (Austrian Hypothekenpfandbrief).


31.01.2012 - Erste Bank’s outlook on savings and loans trends

12-month trend: Austrians set to save EUR 5,460 in 2012


27.01.2012 - BCR: Supervisory Board reshuffles Management Board

The Supervisory Board of Banca Comerciala Romana (BCR) took several decisions regarding the structure of BCR’s Management Board (Executive Committee).


25.01.2012 - Economic and Capital Market Outlook 2012

“The crisis is still in the real economy – When will we return to normality?”


23.01.2012 - Erste Group redeems third Government Guaranteed bond

Erste Group Bank AG (‘Erste Group’) redeemed on 23 January 2012 the third bond issued in 2009 with a guarantee of the Republic of Austria


20.01.2012 - Erste Group Research Alpha Certificate: Returns attained despite headwind

- Third tranche of Erste Group Research Alpha Certificate
- Returns even during weak market phases


18.01.2012 - Erste Group commits EUR 140mln to Telekom Serbia as part of a recent syndicated loan taken by the company

Erste Group Bank AG („Erste Group”) initially underwrote EUR 140mln in a EUR 470mln syndicated loan facility signed by Telekom Serbia on the 9th of January 2012.


17.01.2012 - Career: Udo Birkner Head of Strategic Risk Management

Udo Birkner (47) will take over Strategic Risk Management at Erste Bank Oesterreich, an area that covers overall banking management, risk management and reporting as well as operational risk and data management.


16.01.2012 - Triple A Ratings: Score is still 2:1 for Austria

“The triple A ratings for Austria currently stand at 2:1; there is no reason to panic,” Friedrich Mostboeck, Head of Research at Erste Group.


04.01.2012 - Equities to slowly regain appeal in 2012; CEE stocks favoured versus Eurozone

Negative sentiment and risk aversion still prevail and equity risk premia remain at high levels.


03.01.2012 - Christian Ahlfeld: New Member on the Management Board of Intermarket Bank

Christian Ahlfeld (55) was appointed to the Management Board of Intermarket Bank, the leading factoring bank in Austria, as of 1 January 2012.