Erste CEO Sees Bad Debts Staying Low After Provisions Fall 93%By
CEO Treichl tells analysts on call “risks will remain low”
Erste shares have fallen 17 percent this year, less than index
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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