At the 27th Annual General Meeting of Erste Group Bank AG, 1100 Vienna, Am Belvedere 1, which took place on 10 November 2020, the resolution as proposed by the Management Board and the Supervisory Board to pay a dividend for the financial year 2019 was passed as follows:
Dividend per share
(ISIN AT0000652011): EUR 0.75 per share
The payment per share will be disbursed on 15 February 2021 (dividend payment day) by crediting it to the custodian banks, provided that on 8 February 2021
no mandatory legal ban on dividends is in effect, and
in the company's own reckoning no recommendation of the European Central Bank applicable to the company opposes the payment of a dividend.
In the event that the conditions are met, 11 February 2021 will be the ex-dividend day and 12 February 2021 will be the record date.
The company will publish the terms of the dividend payment in a separate dividend announcement after the conditions are met.
Vienna, November 2020
The Management Board
1/1
This is an excerpt of the original content. To continue reading it, access the original document here.
Erste Group Bank AG published this content on 13 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2020 10:02:08 UTC
Erste Group Bank AG is one of the leading Austrian banking groups. Net interest income by activity breaks down as follows:
- retail banking (42.4%);
- corporate banking (24.7%)
- investment, finance and market banking (8.4%);
- other (24.5%).
At the end of 2022, the group was managing EUR 222.6 billion in current deposits and EUR149.3 billion in current loans.
Products and services are marketed through a network of 2,029 branches located in Austria (797), Czech Republic (398), Romania (321), Slovakia (190), Croatia (133), Hungary (102) and Serbia (88).
Net interest income breaks down geographically as follows: Austria (44.7%), Europe (52.8%) and other (2.5%).