ADR Programme

American Depositary Receipts (ADRs) are an instrument widely used by non-US companies to offer and trade their shares conveniently and efficiently in the US equity markets. ADRs are a US dollar-denominated form of equity ownership in a non-US company. They represent the companies shares and carry the rights attached to the shares. Erste Group Bank AG-Shares are traded over-the-counter in the USA in a Level I ADR Program with The Bank of New York.