Erste Group Bank AG Value Stock - Dividend - Research Selection
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Description of the company
Erste Group Bank AG provides a range of banking and other financial services to the retail and corporate customers in Austria, Central and Eastern Europe, and internationally. The company operates through nine segments: Retail, Small and Medium Enterprises, Asset/Liability Management and Local Corporate Center, Savings Banks, Large Corporates, Commercial Real Estate, Other Corporate, Group Markets, and Group Corporate Center. The company offers current and savings accounts, and mortgage and consumer loans; working capital finance, accounts receivable purchasing, and supply chain finance services; loan syndication and cash management services; letters of credit, documentary collections, guarantees, equity finance, revolving export credit lines, buyers credit, export guarantee, and international desk services; and investment, and acquisition and leveraged finance services. It also provides private banking, asset management, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market and money market, foreign exchange trading, and leasing and factoring services; and insurance, investment, and building society products, as well as credit cards. In addition, the company offers real estate lending, leasing, and investment services; project development and construction services; and infrastructure financing services. It operate through approximately 2,700 branches in the countries of Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia. Erste Group Bank AG was founded in 1819 and is headquartered in Vienna, Austria.