In 2003, ERSTE Foundation evolved out of the Erste Oesterreichische Spar-Casse, the first Austrian savings bank. Currently, ERSTE Foundation is the main shareholder of Erste Group. It is an effective partner of a strong and confident civil society in Central and South-Eastern Europe. The foundation invests part of its dividends to empower civil society, the inclusion of socially disadvantaged groups, and contemporary culture.
In 2003, ERSTE Foundation evolved out of the Erste Oesterreichische Spar-Casse, the first Austrian savings bank. Currently, ERSTE Foundation is the main shareholder of Erste Group. It is an effective partner of a strong and confident civil society in Central and South-Eastern Europe. The foundation invests part of its dividends to empower civil society, the inclusion of socially disadvantaged groups, and contemporary culture.