Erste Group posts solid operating performance in first half of 2024

• NPL ratio remains at a low level (2.4%)
• Strong equity base: CET1 ratio at 15.5%
• Strong rise in volume of new sustainable loans in corporate segment
• Number of securities savings plans one-fourth higher year-on-year
• Dividend of 3.00 euros per share proposed for 2024

= Net profit for H1 2024 amounted to 1.63 million euros (H1 2023: EUR 1.49 bn).

= Operating result was 2.97 billion euros (H1 2023: EUR 2.68 bn).

“The results for the first half of 2024 confirm the successful path our banking group is taking in Austria and CEE. Financing the energy transition and digital transformation in Europe requires strong banks that, working together with the political and business sectors, actively drive this development forward. We want to play an even stronger role in this in the future. Our excellent results provide a good basis for doing so,” says Peter Bosek, CEO of Erste Group.

Read more in the attached press release.