Bloomberg News

Erste Sees EBA Capital Gap at 750 Million Euros at September End

October 28, 2011

Oct. 28 (Bloomberg) -- Erste Group Bank AG Chief Executive Officer Andreas Treichl said that eastern second biggest lender’s estimate of its capital gap at the end of September in accordance with stricter rules by the European Banking Authority was 750 million euros ($1 billion).

To contact the reporter on this story: Boris Groendahl in Vienna at bgroendahl@bloomberg.net

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net


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