Social Banking
For financial opportunities and
social inclusion
Erste Group has opened its doors to everyone more than 200 years ago – even to those, who didn’t have access to banking services before. Social Banking is deeply rooted in our history and is still an integral part of our DNA.
As one of the leading banks in Central and Eastern Europe, we see it as our purpose and responsibility to ensure everyone in our region has access to basic financial products. We support those, who are at risk of poverty or social exclusion, thereby enabling economic growth and prosperity.
Poverty concerns us
According to statistics, poverty affects one in five people, totaling to 14 million individuals in Central and Eastern Europe, leading to limited access or no access at all to financial services. This often correlates with acute social challenges too, which include unemployment, inadequate care for the elderly, and lack of affordable housing.
However, with the combined efforts of ERSTE Group's local bank networks, ERSTE Foundation alongside our partners, we aim to make a difference by:
- Supporting start-ups and micro businesses to create and preserve jobs
- Empowering social organisations to expand their impact
- Standing by people in financial difficulties to improve their housing and financial stability
Client stories
We are always excited about our clients’ successes – to not only see them grow and prosper, but also make a positive impact in our region. Watch some of their personal stories here: