Funding Strategy
Erste Group´s prime liquidity source is the large surplus of customer deposits the bank has due to its strong market position in Austria and the CEE countries where it is active.
In the syndicated segment, the issuance plan for 2025 was already completed in the third quarter. As the sixth transaction of the current year, the Holding issued a tier 2 bond with a volume of EUR 750 million (10.25NC5.25) in mid-August, when the strong market environment supported a re-offer spread of MS+130bps. Further benchmark transactions were carried out by CEE subsidiaries in early September.