Er­ste bank is the leading financial institution in central Europe with its head-quarters in Vienna, in summer 2005 will start to work in Serbia. This leading Austrian bank group with over 12 million clients is intending to buy No­vo­sad­ska ban­k and open its way to business on our market. Er­ste ban­k works mostly with population and small and medium sized companies.

This bank is the best retail bank in Central Europe, and its clients mostly belong to middle class. For them Er­ste ban­k has a wide assortment of services 24-7, from taking care of accounts to housing and mortgage loans.

Er­ste ban­k gives housing and mortgage loan. In this bank there is a special department that aside from giving credits also obtains houses and apartments for its clients. A citizen can state the value of the loan he wishes to obtain and in which part of town he wants to buy a real estate of a certain area, and the clerk will find a house or an apartment for the client.

 Er­ste ban­k has 2,4 million clients in Austria, and in Czech Republic, Slovakia, Hungary and Croatia around 9 million clients. This year Er­ste ban­k is expected to have a net income of at least  600 million EUR, and in year 2004. it realized 544,4 mi­llion EUR of profit.