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Erste Group

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Austria

Founded in

1819 (206 Years)

Founded

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3.33

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know Erste Group

    Erste Group provides a range of banking and other financial services in Austria, Central and Eastern Europe, and internationally. The company operates through nine segments: retail, SME, ALM, and local CC, savings banks, large corporates, commercial real estate, other corporate, group markets, and group corporate center. The company offers savings accounts, asset management, 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, and leasing and factoring services. It also provides current accounts, credit cards, and insurance products. In addition, its corporate banking services include transaction banking services, such as cash management, payments, and account management, and international desk services; financing services comprise working capital, investment, trade and supply chain, leveraged, and syndicated loan finance; investment banking services consist of mergers and acquisitions, equity and debt capital markets, and specialized finance; real estate lending, leasing, and investment services; project development and construction services; and infrastructure financing services. Further, the company provides private banking as well as securities services. Erste Group was founded in 1819 and is based in Vienna, Austria.

    Industry

    • Financial BankingPRIMARY
    • Financial Other Service

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