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Erste Group Bank
Erste Group Bank AG (Erste Group) is an Austrian financial service provider in Central and Eastern Europe serving 15.7 million clients in over 2,700 branches in seven countries. History Erste Group was founded in October 1819 as ''Erste österreichische Spar-Casse'' in Leopoldstadt, a suburb of Vienna. After the demise of communism, the company started a strong expansion into Central and Eastern Europe and by 2008 it had acquired 10 banks. In 1997, it went public and today the company is listed on the exchanges of Vienna, Prague and Bucharest and included in the indices ''CEETX'', ATX and PX. On 9 August 2008 the former ''Erste Bank Oesterreich'' was split up into the newly founded holding company ''Erste Group Bank AG'' and the subsidiary ''Erste Bank der österreichischen Sparkassen AG''; the foreign subsidiaries were taken over by the new holding company. Erste Group now includes all companies of the Group. The IPO in Vienna in 1997 was carried out by what was then the un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a '' société anonyme'' or a '' società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term '' société anonyme'' is more common. In the United Kingdom, the equivalent term is "PLC" and in the United States while the terms "incorporated" or "corporation" are typically used, technically the more precise equivalent term is " joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an actin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
