What Does Erste Group Do?

Total employees5897
HeadquartersVienna
FoundedN/A

Erste Group Bank AG is one of the largest financial services providers in Central and Eastern Europe (CEE), serving over 16 million customers. Founded in 1819 as the first Austrian savings bank, it has grown into a comprehensive provider of banking products and services including retail banking, corporate banking, investment banking, asset management, and insurance. Headquartered in Vienna, Austria, Erste Group operates a network of local banks in seven CEE countries: Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia. The Group is committed to fostering prosperity and financial health in the region, focusing on innovation, digitalization, and sustainable banking practices.

Where Is Erste Group's Headquarters?

HQ Function

Serves as the central hub for strategic management, group-wide operations, corporate functions, and innovation initiatives for Erste Group's international banking network.

Notable Features:

Erste Campus is a modern architectural complex featuring open office spaces, advanced sustainable building technology, extensive green areas, art installations, and publicly accessible zones including restaurants and event spaces.

Work Culture:

The work culture at Erste Campus emphasizes collaboration, innovation, diversity, and employee well-being. The open design fosters communication and agile working methods, reflecting a modern and dynamic banking environment.

HQ Significance:

The Erste Campus symbolizes the Group's modernization, its commitment to transparency and innovation, and its central role in the CEE financial landscape. It consolidates various Vienna-based entities, improving operational efficiency and fostering a unified corporate identity.

Values Reflected in HQ: The headquarters' design and functionality reflect Erste Group's values of transparency (extensive use of glass), innovation (modern workspaces and technology), community engagement (publicly accessible areas), and sustainability (eco-friendly building standards).

Location:

Erste Group's primary global presence is concentrated in Central and Eastern Europe (CEE), where it operates full-service banks in seven core markets: Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia. Functions supported globally include retail banking (savings, loans, payments), corporate banking (financing, advisory, treasury), investment banking (capital markets, M&A), asset management, leasing, and insurance services. While its operational focus is CEE, its Vienna headquarters also manages international correspondent banking relationships and serves international clients.

Street Address:

Am Belvedere 1

City:

Vienna

State/Province:

Vienna

Country:

Austria

Where Else Does Erste Group Operate Around the World?

Prague, Czech Republic

Address: Olbrachtova 1929/62, 140 00 Praha 4, Czech Republic

Serves as the primary operational hub for Erste Group's activities in the Czech market, leveraging a strong local brand and extensive branch network.

Bratislava, Slovak Republic

Address: Tomášikova 48, 832 37 Bratislava, Slovak Republic

Manages Erste Group's operations in Slovakia, focusing on providing financial solutions to individuals, SMEs, and corporate clients within the Slovak market.

Bucharest, Romania

Address: Calea Victoriei nr. 15, Sector 3, Bucharest, Romania

Central point for Erste Group's extensive operations in Romania, catering to a large customer base with diverse financial needs.

Buying Intent Signals for Erste Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Erste Group? Meet the Executive Team

As of April 2025, Erste Group' leadership includes:

Willibald Cernko - Chief Executive Officer (CEO) (until June 30, 2024)
Peter Bosek - Designated Chief Executive Officer (CEO) (from July 1, 2024)
Stefan Dörfler - Chief Financial Officer (CFO)
Alexandra Habeler-Drabek - Chief Risk Officer (CRO)
Ingo Bleier - Board Member, Corporates & Markets
Maurizio Poletto - Chief Platform Officer (CPLO)
Ara Abrahamyan - Chief Operating Officer (COO)

Who's Investing in Erste Group?

Erste Group has been backed by several prominent investors over the years, including:

ERSTE Foundation (largest shareholder)
BlackRock, Inc.
Norges Bank Investment Management
The Vanguard Group, Inc.
Various other institutional and private investors (publicly traded on Vienna Stock Exchange)

What Leadership Changes Has Erste Group Seen Recently?

Hire2
Exits1

Key executive changes at Erste Group in the past year include the appointment of Ara Abrahamyan as the new Chief Operating Officer and the announcement of Peter Bosek as the incoming CEO, set to succeed Willibald Cernko, who will be stepping down in mid-2024.

Departures

Willibald Cernko, Willibald Cernko will step down from his role as CEO.

New Appointments:

Ara Abrahamyan, Ara Abrahamyan joined Erste Group as Chief Operating Officer.
Peter Bosek, Peter Bosek will assume the role of Chief Executive Officer, succeeding Willibald Cernko.

What Technology (Tech Stack) Is Used byErste Group?

Discover the tools Erste Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Erste Group Email Formats and Examples

Erste Group Bank AG typically uses a standard corporate email format, most commonly combining the employee's first name and last name separated by a dot, followed by '@erstegroup.com'. Variations might exist for specific departments or regions.

firstname.lastname@erstegroup.com

Format

jane.doe@erstegroup.com

Example

90%

Success rate

What's the Latest News About Erste Group?

Erste Group Press Releases2024-05-02

Erste Group Bank AG: Net profit of EUR 594 million in Q1 2024

Erste Group reported a strong start to 2024, with a net profit of EUR 594 million in the first quarter. The results were driven by a solid operating performance and favorable risk environment, despite ongoing geopolitical and economic uncertainties....more

Erste Group Press Releases2024-02-29

Erste Group posts net profit of EUR 2.99 billion in 2023

Erste Group announced a record net profit of EUR 2.99 billion for the financial year 2023, highlighting robust loan growth, stable net interest income, and effective cost management across its CEE markets....more

Erste Group Press Releases2023-10-27

Peter Bosek to become new CEO of Erste Group as of 1 July 2024

Erste Group announced that Peter Bosek will take over as Chief Executive Officer from Willibald Cernko, effective July 1, 2024. Bosek is returning to Erste Group, where he previously held various leadership positions....more

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