Erste Group Bank Ag S/Adr (EBKDY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everybody, welcome to everybody that came from CEI. My name is Margarita Thiel and I'm heading enterprise communication of Erste Group and I will guide you through the press conference today. The results will be presented by CEO Peter Boszek, The presentation will be held in German. You can ask your questions in German as well as in English. I'd like to pass the floor to Peter Vosick. Good morning. I guess you can still say good morning at 11 o'clock. Thank you very much for the last turnout. very pleased about the interest coming from other countries outside of Austria and in particular I would like to also welcome our Polish colleagues who are here for the first time for our half year press conference. So I think that you are aware of the fact that this has been a very exciting first half year because we have managed to enter the Polish market. In autumn of last year We informed you about the fact that we had completed our strategy and that we had been interested in entering the Polish market for some time. So we're very pleased that we were able to announce on the 5th of May that we had agreed with Santander and that the Santander Bank Polska would be acquired. So actually we will acquire 49% of this bank. It still gives us the possibility of full consolidation to appoint members of the supervisory board and to name all the board members. And in addition, we also acquire the asset management company that is in part a subsidiary of the bank and partially belongs to Santander Bank. Now, it is of course a situation where We will be transformed as a group. As you know, over the past few years, we have operated very successfully in seven countries. I think that the figures that Stefan Derfer will be referring to in more detail, these figures are extremely positiv...