In 2022, the largest bank by total assets in Austria was Erste Group Bank with approximately 323.9 billion euros in assets. This was more than 100 billion euros more than the second largest bank, Raiffeisen Zentralbank. Despite being Austria’s largest bank, Erste Group Bank had assets valued at almost only one tenth the size of Europe’s largest bank.
Erste Group Bank
In 2022, Erste Group Bank had core operation in seven countries across Central and Eastern Europe. The banking group had more 16 million customers in its countries of operation, across more than 2,000 branches. Austria was Erste Group Bank’s second largest market, following only Czechia, where the brand goes under the name Česká spořitelna.
Other leading banks in Austria
Despite Erste Group Bank's leading position in terms of total assets in Austria, the company ranked second in terms of market penetration for large corporations. Raiffeisen Zentralbank is considered Austria’s largest corporate and investment bank with 21 business outlets operating in Austria as of 2022.
Largest banks in Austria in 2022, by total assets
(in billion euros)
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Total assets in billion euros
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Statista. (May 26, 2023). Largest banks in Austria in 2022, by total assets (in billion euros) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/693476/leading-banks-assets-austria/
Statista. "Largest banks in Austria in 2022, by total assets (in billion euros)." Chart. May 26, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/693476/leading-banks-assets-austria/
Statista. (2023). Largest banks in Austria in 2022, by total assets (in billion euros). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/693476/leading-banks-assets-austria/
Statista. "Largest Banks in Austria in 2022, by Total Assets (in Billion Euros)." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/693476/leading-banks-assets-austria/
Statista, Largest banks in Austria in 2022, by total assets (in billion euros) Statista, https://www.statista.com/statistics/693476/leading-banks-assets-austria/ (last visited September 01, 2024)
Largest banks in Austria in 2022, by total assets (in billion euros) [Graph], Statista, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/693476/leading-banks-assets-austria/