Erste Stiftung, the foundation that owns 24.8 percent of Erste Group Bank AG, may sell 150 million euros ($183 million) of shares this year to pay off debt, Erste Stiftung said in its annual report.

ERSTE Stiftung newsroom: #TimeToDecide22 – Discussing the Future of the EU, Ukraine, Russia and the Western Balkans in Vienna ...

Erste Group Bank AG Chief Executive Officer Andreas Treichl said foregoing a dividend payment this year won’t put its biggest shareholder in jeopardy.

In total, 35,231,353 new shares issued by Erste Group and 3,374,266 existing shares from the holdings of Erste Stiftung were placed in connection with the capital increase at the final offer and ...

Thomas Goiser M: +43 664 2410268 [email protected] ERSTE Stiftung – Communications Maribel Königer M: +43 664 8385341 [email protected] IWM – Public Relations Vera Mair M: +43 ...