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Erste Group
Erste Group Bank AG (Erste Group) is one of the largest financial services providers in Central and Eastern Europe serving 16.2 million clients in 2,700 branches in 7 countries 〔name="AR2010">(【引用サイトリンク】title=Annual Report 2014 )〕 ==History==
Erste Group was founded in 1819 as ''Erste österreichische Spar-Casse'' in Leopoldstadt, a suburb of Vienna. After the demise of Communism, the company started a strong expansion into Central and Eastern Europe and by 2008 it had acquired 10 banks. In 1997, it went public and today the company is listed on the exchanges of Vienna, Prague and Bucharest and included in the indices ''CEETX'', ATX and PX. On the 9th of August 2008, the former ''Erste Bank der österreichischen Sparkassen AG'' was split up into the newly founded holding company Erste Group and the subsidiary ''Erste Bank Oesterreich''; the foreign subsidiaries were taken over by the new holding company. Erste Group now includes all companies of the Group. In a ranking by Forbes Magazine of the world's largest stock corporations in 2013, Erste Group Bank came in 672nd place and was third among Austrian companies.
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