Following the purpose to disseminate prosperity and provide access to financial services for all, Erste Social Finance Holding was established as a joint venture of Erste Group Bank and ERSTE Foundation in 2008.
As a social enterprise, Erste Social Finance aims for positive social impact and sustainable financial results. As stipulated in our Articles of Association we do not distribute dividends but reinvest all generated profits into new social projects.
Erste Social Finance acts as a social finance investor and intermediary in the region of Central and Eastern Europe. Our main activities include investing into social business models, which are financially sustainable and launching innovative social finance instruments in Central and Eastern Europe.
Investments and financing activities shall aim to achieve the following objectives: