About Erste Group
Erste Group is a company based in Vienna (Austria) founded in 1819.. The company has 47,702 employees as of December 31, 2017. Erste Group offers products and services including Banking Services, Investment Center, and Social Banking. Erste Group operates in a competitive market with competitors including Scotiabank, UniCredit, BAWAG Group and Oesterreichische Nationalbank, among others.
- Headquarter Vienna, Austria
- Employees 47702 as on 31 Dec, 2017
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Erste&Steiermärkische Bank Dd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.94 M (USD), Grant
Mar 01, 2023
- Investors
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Employee Count
47702
as on Dec 31, 2017
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Products & Services of Erste Group
Erste Group offers a comprehensive portfolio of products and services, including Banking Services, Investment Center, and Social Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides retail and corporate banking for customer transactions
Offers market information and products for financial investments
Promotes financial inclusion and community support programs
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Software Development Team
97 people
Head Team
41 people
Leadership Team
23 people
Senior Team
23 people
Finance and Accounting
22 people
Product Management Team
12 people
Legal and Compliance
11 people
Board Team
10 people
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Funding Insights of Erste Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $2.9M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Grant - Erste Group | Valuation |
investors |
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| Aug, 2018 | Amount | Grant - Erste Group | Valuation |
investors |
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| Dec, 2016 | Amount | Grant - Erste Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Erste Group
Erste Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Erste Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Erste Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erste Group Comparisons
Competitors of Erste Group
Erste Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, UniCredit, BAWAG Group and Oesterreichische Nationalbank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Retail and corporate banking services are offered in Austria.
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| domain | founded_year | HQ Location |
Commercial banking services are offered by Oesterreichische Nationalbank in Austria.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Erste Group
Frequently Asked Questions about Erste Group
When was Erste Group founded?
Erste Group was founded in 1819 and raised its 1st funding round 197 years after it was founded.
Where is Erste Group located?
Erste Group is headquartered in Vienna, Austria.
Who is the current CEO of Erste Group?
Slavko Caric is the current CEO of Erste Group.
How many employees does Erste Group have?
As of Dec 31, 2017, the latest employee count at Erste Group is 47,702.
What does Erste Group do?
Erste Group was founded in 1819 and is headquartered in Vienna, Austria, where it operates as a major commercial bank. Banking services, including retail, corporate, and investment options, are provided across Central and Eastern Europe. In 2022, annual revenues of 17.55 billion were recorded, alongside a net profit of 2.3 billion. The group focuses on financial solutions for individuals and businesses in its primary markets.
Who are the top competitors of Erste Group?
Erste Group's top competitors include Scotiabank, UniCredit and BAWAG Group.
What products or services does Erste Group offer?
Erste Group offers Banking Services, Investment Center, and Social Banking.
Who are Erste Group's investors?
Erste Group has 1 investor. Key investors include European Union.
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