Thomas Sommerauer - Erste Group Head Relations

Elected by the shareholders, the Erste Group's board of directors comprises two types of representatives: Erste Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Erste. The board's role is to monitor Erste Group's management team and ensure that shareholders' interests are well served. Erste Group's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Erste Group's outside directors are responsible for providing unbiased perspectives on the board's policies.

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Erste Group a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Erste Group financial ratios help investors to determine whether Erste Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erste with respect to the benefits of owning Erste Group security.