- More than 2,500 starting entrepreneurs received business advice and financing;
- 400 funded social enterprises and NGOs employed over 1,500 people from socially excluded groups;
- Almost 14,000 new jobs were created across CEE;
- Total loan volume exceeded EUR 170 million.
The first impact assessment of Erste Group’s social banking activities across all of its CEE markets shows that over 2,500 starting entrepreneurs, 400 social organisations and 6,500 small farmers accessed its offering and contributed to the creation of almost 14,000 new jobs. Inspired by Erste’s origins as a social banking enterprise and developed at present with the support of ERSTE Foundation, Erste Group’s Social Banking fosters job creation and prosperity by addressing the needs of socially excluded groups with not just loans, but also sound money advice, financial literacy trainings, tailored products and business mentoring.