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 EUR million | 30.06.2025 | 31.12.2024 | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2020 |
| Financial liabilities - held for trading | 2,729 | 1,821 | 2,304 | 3,264 | 2,474 | 2,625 |
| Deposits from banks | 15,368 | 21,261 | 22,911 | 28,821 | 31,886 | 24,771 |
| Deposits from customers | 248,499 | 241,651 | 232,815 | 223,973 | 210,523 | 191,070 |
| Debt securities issued | 54,809 | 51,889 | 43,759 | 35,904 | 32,130 | 30,676 |
| Miscellaneous liabilities | 7,064 | 6,346 | 6,864 | 6,599 | 6,902 | 5,840 |
| Total equity | 32,603 | 30,767 | 28,502 | 25,305 | 23,513 | 22,410 |
| Total | 361,072 | 353,736 | 337,155 | 323,865 | 307,428 | 277,394 |
Due to geopolitical and macroeconomic uncertainties, a major portion of 2025 funding needs was already covered in the first half of the year. In the first quarter, the focus had been on a EUR 1 billion mortgage bond (7.25y at MS+52bps) as well as two green Senior Preferred Bonds, each with a volume of EUR 750 million (8NC7 at MS+98bps and 6.25NC5.25 at MS+88bps, respectively). The second quarter was marked by the issuance of a EUR 1 billion AT1 note (6.375%, perpNC2032), followed in the second half of May by another EUR 1 billion mortgage covered bond with a ten-year tenor (MS+52bps), which covered the longer end of the maturity spectrum.