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Erste Group - Investor information 2019

21.11.2019 11:42

At today’s Capital Markets Day (CMD) in Vienna, the largest ever corporate access event organised by the bank, Erste Group Bank AG issued the following forward looking guidance:

  • Erste Group issued new guidance for 2020 at ROTE > 10%, translating into double-digit ROTE for the 6th consecutive year and underscoring the financial strength of the bank   
  • Erste Group issued new medium term financial guidance: it aims to raise net fee income to EUR 2.4bn and reduce the cost/income ratio to ~55% by 2024

Full press release.

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