Interim Report 31 March 2018

After six fiscal years of positive results, the EAA once again posted a profit in the first quarter of 2018. The surplus of EUR 1.1 million after taxes is largely attributable to the reversal of risk provisions as a result of the wind-up progress. The quarterly result was supported not least by falling administrative expenses and the improvement in net interest income.



EAA places services for the remaining wind-up portfolio in the hands of private service providers

EAA subsidiary Erste Financial Services (EFS) has concluded an outsourcing agreement with IBM Deutschland GmbH and spinning off most of the services it provides. Under the agreement, IBM will also take on about 300 EFS staff in Düsseldorf and London.



EAA tapped the capital market again: USD bond successfully placed

On 9 November 2017, EAA has placed its third benchmark bond for 2017 on the international capital market. The issue met a demand of beyond 1.6 bn USD in the orderbook, while in the forefront the size had been capped at 1 bn USD in accordance with refinancing needs.


Press reports

Current vacancies at EAA

Erste Abwicklungsanstalt relies on the commitment of its employees. That is why constantly fostering and developing their motivation, skills and abilities is our central aim. We are looking for the best employees.

Current vacancies at EAA Group

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