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Home > Company Index > Banking > Banking - Europe > Erste Bank der oesterreichischen Sparkassen AG

Erste Bank der oesterreichischen Sparkassen AG
 PROFILE
Founded in 1819, Erste Bank is Austria's oldest and second-largest commercial bank (after HypoVereinsbank). Erste Bank has about 300 branches in Austria with international offices in New York, Hong Kong, and London. Subsidiary S Bausparkasse is Austria's market leader in mortgage lending, and its Erste-Sparinvest subsidiary is one of the top fund managers. As Austrian banks have consolidated, the bank has been increasing its presence in Eastern Europe; Erste acquired majority stakes in leading banks in Hungary, the Czech Republic, and Slovakia and has large shares in two Croatian banks. Savings bank foundation Anteilsverwaltungssparkasse owns 40% of Erste Bank.

 COMPETITION
Credit Suisse Group (CSGKY)
Deutsche Bank AG (DTBKY)
Bayerische Hypo- und Vereinsbank Aktiengesellschaft (HVM)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,930.90
1-Yr. Sales Growth: 17.5%
Employees: 23,810
Revenue per employee: $165,094.50

 KEY PEOPLE
• Andreas Treichl
    CEO
• Andreas Treichl
    CFO

 CONTACT INFO
Graben 21
1010 Vienna, Austria
Phone: 43-1-711-94-0
Fax: 43-1-531-00-3112
Online: Web Site

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