Erste Group annual results 2023: Robust business performance and strong capital base
- Rise in loan volume (+2.8%) and customer deposits (+3.9%)
- Strong equity base: CET1 ratio at 15.7%
- NPL ratio (2.3%) remains at low level
- Banking platform George reaches 10 million users
Net profit in 2023 amounted to 2.99 billion euros
Operating result reached 5.5 billion euros
"2023 was a strong year for our banking group. Despite the macroeconomic slowdown, we achieved an excellent result thanks to our loan volume growth and a favorable interest rate and risk environment. Even if the interest rate landscape is likely to change in the course of the current year: We are positioned to finance the ongoing upswing in our region," commented Stefan Dörfler, CFO of Erste Group, on the result for the 2023 financial year.
Read more in the attached press release.
Erste Group annual results 2023: Robust business performance and strong capital base
- Rise in loan volume (+2.8%) and customer deposits (+3.9%)
- Strong equity base: CET1 ratio at 15.7%
- NPL ratio (2.3%) remains at low level
- Banking platform George reaches 10 million users
Net profit in 2023 amounted to 2.99 billion euros
Operating result reached 5.5 billion euros
"2023 was a strong year for our banking group. Despite the macroeconomic slowdown, we achieved an excellent result thanks to our loan volume growth and a favorable interest rate and risk environment. Even if the interest rate landscape is likely to change in the course of the current year: We are positioned to finance the ongoing upswing in our region," commented Stefan Dörfler, CFO of Erste Group, on the result for the 2023 financial year.
Read more in the attached press release.