Erste Group Bank traded at 97.57 this Tuesday May 12th, decreasing 2.43 or 2.43 percent since the previous trading session. Looking back, over the last four weeks, Erste Bank lost 6.63 percent. Over the last 12 months, its price rose by 36.65 percent. Looking ahead, we forecast Erste Group Bank to be priced at 96.18 by the end of this quarter and at 88.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
Erste Group Bank AG is an Austria-based savings bank. The Company offers a range of banking and other financial services, such as savings accounts, asset management (including investment funds), consumer credit and mortgage lending, investment banking, securities and derivatives trading, portfolio management, project finance, foreign trade financing, corporate finance, capital market and money market services, foreign exchange trading, leasing and factoring. The Company operates through nine segments: Retail, SME, Asset/Liability Management & Local Corporate Center (ALM & Local CC), Savings Banks, Large Corporates, Commercial Real Estate, Other Corporate, Group Markets and Group Corporate Center (GCC). The Company operates approximately 2,800 branches. The Company offers services in Austria, Central and Eastern Europe (CEE), Czech Republic, Slovakia, Romania, Hungary, Croatia and Serbia. The Company offers personal, corporates and private banking services.