Erste Group recognized “Best Private Bank” across several markets

Yet again, Erste Private Banking has been honored with a total of five awards by the renowned publication PWM/The Banker. PWM/The Banker recognized Erste as the best private bank in Austria, Poland, Romania, and among the best in Slovakia. In addition, the jury honored Ceska Sporitelna as the Best Private Bank for Innovation in the Czech Republic

“Across all countries, it is clear that clients are becoming more discerning and are seeking tailored solutions for wealth accumulation, succession planning, and wealth preservation,” Rainer Hauser, Head of Group Private Banking & Wealth Management. “At the same time, we responsibly leverage technology and AI to digitize routine processes, thereby freeing up more time for high-quality personal advice. This allows us to successfully combine local client relationships with the strength of an international banking group that possesses broad investment and wealth management expertise.”

“Today, more than ever, high-net-worth clients are seeking diversification, expertise, and personalized advice. Our goal is to offer them access to the best and most modern investment opportunities, combined with personalized support that focuses on their individual goals and needs,” adds Roland Jacubetz, Head of Private Banking at Erste Bank Oesterreich.

Long-standing expertise with a local footprint

Erste Group offers private banking services to private clients in Austria and across the CEE region, where its local private banking units operate in Croatia, the Czech Republic, Hungary, Romania, Poland, and Slovakia — supplemented by the option to be a private banking client across multiple countries within Erste Group for the purpose of diversification. Erste Private Banking offers more than 46,000 private clients a comprehensive range of private banking and asset management services, with total assets under management exceeding 54 billion euros.

Erste Group’s success factors include the combination of personalized advice and digital solutions, a growing range of alternative investments, and a consistent focus on the individual needs of high-net-worth clients. Across all markets, the focus is on long-term client relationships, estate planning, wealth preservation, and tailored investment solutions.

In addition, Erste’s private banking offerings stand out for their local focus, which is tailored to the needs of local target groups.

• In Austria, alternative investments were expanded and the private banking offering was strengthened through the integration of Salzburger Sparkasse (Austria: “Best Private Bank”)
• The private banking team in Romania supports an increasingly discerning clientele through expanded advisory and digital expertise. (Romania: “Best Private Bank”)
• Digitalization frees up more time for strategic advice and complex wealth management issues for private banking clients in the Czech Republic. (Czech Republic: “Best Private Bank for Innovation”
• Successful integration of the private banking offering in Poland into the Erste Group while maintaining personalized client service. (Poland: “Best Private Bank”)
• Consistent digitization of the client experience through the integration of all accounts and investments into the George app for greater transparency and convenience (Slovakia: “Highly Commended for Best Private Bank”)