CEE’s best bank 2017: Erste Group

This year’s best bank award recognizes Erste Group’s achievements in completing the protracted restructuring of its network and positioning itself to take advantage of growth opportunities in the region, while at the same time meeting the challenges of technology.

Awards for Excellence 2017

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© 2017 Euromoney

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This year’s best bank award recognizes Erste Group’s achievements in completing the protracted restructuring of its network and positioning itself to take advantage of growth opportunities in the region, while at the same time meeting the challenges of technology. 

The Austrian group’s problems in the wake of the financial crisis have been well-aired. BCR, the Romanian market leader bought by Erste in 2005, suffered substantial losses as large portfolios of corporate debt turned sour.

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