Erste Bank der oesterreichischen Sparkassen AG (Erste Bank Oesterreich) together with the Sparkassen (engl.: savings banks) represents one of the largest banking groups in Austria. In its core business – deposit and loan banking – it is focused on private customers, companies and the public sector. Apart from 1.085 branch offices and banking service points, the network includes more than 100 specialized advisory centers for residential construction financing, commercial clients, start-ups and private banking clients.

Erste Bank and the Sparkassen combine the advantages of the locally-anchored Savings banks with the security and strength of a major international bank. This mutual joint liability provides more security to Savings bank-group clients because the members mutually share responsibility for account deposits.