Good perceptions of corporate social responsibility have become ever more important for banks in central and eastern Europe since the start of the war in Ukraine.
Thankfully, Erste Group has not had the stigma of owning a bank in Russia. This is a group that has demonstrated an awareness of the social impact of its presence in central and eastern Europe, not least given the high proportion of the population at risk of poverty in countries such as Romania and Serbia where it owns retail banks.
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