Erste CEO Sees Bad Debts Staying Low After Provisions Fall 93%

Updated on
  • CEO Treichl tells analysts on call “risks will remain low”
  • Erste shares have fallen 17 percent this year, less than index

Erste CEO Sees `Good Chance' For Continued Loan Growth

Erste Group Bank AG, Austria’s biggest bank, doesn’t expect earnings to be burdened by fresh provisions after a 93 percent drop in risk-related charges in the first half, Chief Executive Officer Andreas Treichl said.

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