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Erste Group Bank AG (ERST.VI)

ERST.VI on Vienna Stock Exchange

35.02EUR
15 Dec 2017
Change (% chg)

€-0.18 (-0.51%)
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€35.20
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Latest Key Developments (Source: Significant Developments)

Erste Group Bank and DLL form strategic alliance
Monday, 20 Nov 2017 11:30am EST 

Nov 20 (Reuters) - ERSTE GROUP BANK AG ::‍ERSTE GROUP AND DLL FORM STRATEGIC ALLIANCE TO UNLOCK EUR 17BN CEE LEASING MARKET POTENTIAL​.  Full Article

Erste Group defends "cautious" outlook, says ROTE target is floor
Friday, 3 Nov 2017 04:56am EDT 

Nov 3 (Reuters) - Erste Group Bank ::CEO Treichl says target of more than 10 percent ROTE in 2018 is a floor.CEO Treichl says we believe that those 10 percent are hopefully given for us.Treichl says we believe it's appropriate to be cautious on outlook.Treichl says what we are doing now should enable us to reduce our cost base quite substantially from 2019.CFO says believes 13 percent is still right level for fully loaded CET 1 ratio.Treichl says we do not plan to build up capital cushions beyond core capital target, we will pay excess out as dividends.Treichl says we should see increasing dividend payout in coming years.  Full Article

Erste Group CEO Treichl says will not extend contract -Profil
Monday, 12 Jun 2017 02:28am EDT 

June 12 (Reuters) - Erste Group Bank ::CEO Treichl says will definitely not stay on as CEO after contract expires in three years' time -interview with Profil magazine.  Full Article

Erste Group says cool on mergers, no promises on future dividends
Tuesday, 28 Feb 2017 04:25am EST 

Erste Group Bank : CFO says regulator increased CET 1 requirement for Slovakia, which prompted goodwill reduction there . CEO Treichl says increasing dividend in coming years is our aim, likely it can happen . CEO Treichl says we cannot give any assurance on paying higher dividends for the moment . CFO says we feel quite well covered for risk in Romania . CEO Treichl says I don't think regulatory uncertainty is going to go away this year . Treichl says M&A increases complexity and we want to reduce complexity, so any deal would have to be really attractive . Treichl says there are a couple of interesting things but price and timing of any deals would have to be extremely good Further company coverage: [ERST.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Erste Group Immorent sells Enterprise Office Center in Prague
Friday, 25 Nov 2016 08:51am EST 

Erste Group Bank AG :Erste Group Immorent sells Prague’s Enterprise Office Center in 110 million euros ($116.59 million) transaction.  Full Article

Erste says has reached its target levels of capital
Friday, 4 Nov 2016 05:11am EDT 

Erste Group : CEO Treichl says in conference call we have reached capital levels we would like to have, hope regulators don't change their view . Treichl says in conference call there is an upside potential to dividend payout . Treichl says "not so sure" whether bank would want to expand in Serbia Further company coverage: [ERST.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Hungary, EBRD close deal to buy stakes in Erste local unit
Friday, 12 Aug 2016 05:06am EDT 

Erste Group Bank AG : Hungary Economy Ministry says has closed deal to buy stake in Erste Bank local unit . Hungary government, European Bank for Reconstruction and Development paid 38.9 billion forints ($139.89 million) each for 15-15 percent stakes in Erste Bank local unit Further company coverage: [ERST.VI] ($1 = 278.07 forints) (Reporting by Gergely Szakacs and Sandor Peto) ((gergely.szakacs@tr.com; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net)).  Full Article

Erste says ECB unlikely to lift capital buffer demands markedly
Friday, 5 Aug 2016 05:41am EDT 

Erste Group : CEO Treichl says what we are hearing from the ECB and our supervisor is that there will be no significant additional capital demands, might want adjustments on calculation of risk-weighted assets Further company coverage: [ERST.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Erste Group says has no interest in Poland given political risk
Friday, 5 Aug 2016 04:15am EDT 

Erste Group : CEO Treichl says we will not make acquisition in Poland at any price given political situation . Treichl says we need to have a stable political environment before we invest . Treichl says have taken about 27 mln in provisions in Q2 for Romanian walk-away law . CFO Mittendorfer says effect of IFRS 9 is manageable . CEO Treichl says keys handed back to us in Romania so far are mainly loans that had been written off anyway Further company coverage: [ERST.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Erste Bank Hungary earned HUF 31.6 bln profit in H1
Friday, 5 Aug 2016 03:55am EDT 

Erste Group Bank Ag : Erste Bank Hungary says made 31.6 billion forint ($113.32 million) net profit in first half of 2016 . Erste Bank Hungary says expects revenues to increase in the second half of the year . Erste Bank Hungary expects to close deal on selling stakes to Hungary government and EBRD within weeks . Erste Bank Hungary says stock of corporate NPLs fell to 37 billion forints by end H1 from 116 billion a year earlier Further company coverage: [ERST.VI] ($1 = 278.85 forints) (Reporting by Gergely Szakacs) ((gergely.szakacs@tr.com; +36 1 327 4748; Reuters Messaging: gergely.szakacs.thomsonreuters.com@reuters.net)).  Full Article

BRIEF-Erste Group Bank and DLL form strategic alliance

* ‍ERSTE GROUP AND DLL FORM STRATEGIC ALLIANCE TO UNLOCK EUR 17BN CEE LEASING MARKET POTENTIAL​ Source text - http://bit.ly/2zWkaCz Further company coverage: (Gdynia Newsroom)