Moody's corrects rating and rating history for ISINs AT0000A14PZ1 and AT000B119680 issued by Erste Group Bank AG
Announcement: Moody's corrects rating and rating history for ISINs AT0000A14PZ1 and AT000B119680 issued by Erste Group Bank AG. Global Credit Research- 16 Aug 2017. Frankfurt am Main, August 16, 2017-- Moody's Investors Service has corrected the current rating and rating history for the Series 1257 subordinated fix-to-variable rate note due 2022 and the Series 1172 subordinated fix-to-variable rate note due 2023.Erste Group is a financial services provider based in Austria. As of Dec 31 2015, Co.'s total assets amounted to Euro199,743 million and the number of customers was approximately 16.5 million. Co.'s key business is the retail business, covering the entire spectrum from lending, deposit and investment products to current accounts and credit cards. In addition to providing financial services to private individuals, Co.'s core activities also include advisory services and support for corporate clients in financing, investment and access to international capital markets, public sector funding and interbank market operations.
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