GB00_erste lage_E - Erste Group

September
❚ The 24 Styrian branches of Erste
Bank are transferred to Steiermärkische
Bank und Sparkassen AG with
effect from 30 September, in return
for a 14% stake in the regional bank.
The transaction creates yet another
bond in the savings bank sector’s increasingly
close co-operation.
❚ Effective 30 September 2000 Erste
Bank Prague (EBCR a.s.) is integrated
into Česká spořitelna, a.s. as planned.
❚ Erste Bank presents an offer to the
Slovak government to buy a majority
stake in Slovenská sporiteľňa, a.s., the
largest bank in the Slovak Republic.
❚ As a result of the collaboration within
the sector, savings bank customers
have access to all ATM lobbies in the
savings bank sector. Customers can
use this entire Austria-wide network of
1,200 branches with one card.
October
❚ Erste Bank calls on investors to
participate in its growth through a capital
increase. The subscription period
for 6 million new shares runs from
19 September to 4 October. For the
first time in Austria, the roadshow for
a capital market transaction is also
presented on the Internet.
❚ The subscription price per new share
is EUR 47. The issue raises EUR 272
million of new capital (after expenses
and tax).
❚ The renowned “Award for Premium
Banking Quality” for the savings bank
sector is awarded to Erste Bank by
the daily “Die Presse” and the Institute
for Banking of Vienna University of
Economics and Business Administration.
November
❚ The financial statements published
by Erste Bank for the third quarter of
2000 mark the first inclusion of Česká
spořitelna, a.s. The first-time consolidation
takes effect on 3 August 2000
(the date when majority ownership
passes to Erste Bank), resulting in
material changes both to the balance
sheet and the structure of the income
statement of the expanded Erste Bank
Group.
❚ The city of Salzburg decides to sell
its remaining 25.6% interest in Salzburger
Sparkasse Bank AG to Erste
Bank. This increases Erste Bank’s
direct and indirect stake in Salzburger
Sparkasse to 98.7%.
December
❚ The payment of the second instalment
of EUR 250 million for the
52.07% stake in Česká spořitelna, a.s.
concludes the purchase successfully.
❚ The government of the Slovak Republic
decides to sell its 87.18% interest
in Slovenská sporiteľňa, a.s. to Erste
Bank. By taking over the country’s
largest bank, Erste Bank increases its
customer base to more than 8 million
and becomes one of the top ten retail
banks in Europe.
❚ Erste Bank’s new Internet platform
for securities makes its debut. “Erstenettrading”,
an e-finance platform
using the latest technology, offers
more than 3,000 financial instruments
on 18 stock exchanges as well as information
on current market developments.
Erste Bank 2000 3