Description:"Erste Bank der oesterreichischen Sparkassen AG (Erste Bank Oesterreich), together with the Sparkassen, forms one of the largest banking groups in Austria. In the core business areas – deposits and lending – emphasis is put on private customers, business customers and the public authorities. Erste Bank Oesterreich is the leading institute for the Austrian Sparkassen. Apart from more than 1,000 branches the network comprises 68 wohn²Center (for housing loans/mortgages), 33 commercial customer centres, 8 GründerCenter (for company founders), 20 private banking advisory centres and 182 OMV “banking stops”. Erste Bank Oesterreich was founded in 1819 as the first Austrian savings bank. Erste Bank Oesterreich is a subsidiary of Erste Group, which has developed into one of the largest financial services providers in Central and Eastern Europe. Erste Bank and the Sparkassen combine the advantages of the locally-anchored Savings banks with the security and strength of a major international bank. This mutual joint liability provides more security to Savings bank-group clients because the members mutually share responsibility for account deposits."
Type:Commercial and Private banking
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