Erste Group Adds Exposure to Fast-Growing Polish Market, But Could Face Risk -- Market Talk

Dow Jones

May 05, 2025

1411 GMT - Austria's Erste Group Bank is adding exposure to the fast-growing Polish banking market through its deal to buy most of Banco Santander's assets there, but could face risks, AlphaValue's Dieter Hein says in a note. Erste doesn't currently have a subsidiary in Poland, one of the fastest-growing and most profitable banking markets in Europe, the analyst says. However, lenders in Poland suffered for years from high provisions on loans denominated in Swiss francs dating back to the 2000s real-estate boom, Hein says. "An acquisition which pushes group [return on tangible equity] by 4 [percentage points] in the first fully consolidated year sounds good, perhaps too good to be without risks," the analyst says. Shares in Erste jump 7.7%. (adria.calatayud@wsj.com)

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May 05, 2025 10:11 ET (14:11 GMT)

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Erste doesn't currently have a subsidiary in Poland, one of the fastest-growing and most profitable banking markets in Europe, the analyst says. However, lenders in Poland suffered for years from high provisions on loans denominated in Swiss francs dating back to the 2000s real-estate boom, Hein says. \"An acquisition which pushes group [return on tangible equity] by 4 [percentage points] in the first fully consolidated year sounds good, perhaps too good to be without risks,\" the analyst says. Shares in Erste jump 7.7%. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 10:11 ET (14:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Erste Group Adds Exposure to Fast-Growing Polish Market, But Could Face Risk -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nErste Group Adds Exposure to Fast-Growing Polish Market, But Could Face Risk -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-05 22:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1411 GMT - Austria's Erste Group Bank is adding exposure to the fast-growing Polish banking market through its deal to buy most of Banco Santander's assets there, but could face risks, AlphaValue's Dieter Hein says in a note. Erste doesn't currently have a subsidiary in Poland, one of the fastest-growing and most profitable banking markets in Europe, the analyst says. However, lenders in Poland suffered for years from high provisions on loans denominated in Swiss francs dating back to the 2000s real-estate boom, Hein says. \"An acquisition which pushes group [return on tangible equity] by 4 [percentage points] in the first fully consolidated year sounds good, perhaps too good to be without risks,\" the analyst says. Shares in Erste jump 7.7%. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 10:11 ET (14:11 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B5TLWC47.USD","symbol_name":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533538189","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533538189","pubTimestamp":1746454260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1411 GMT - Austria's Erste Group Bank is adding exposure to the fast-growing Polish banking market through its deal to buy most of Banco Santander's assets there, but could face risks, AlphaValue's Dieter Hein says in a note. Erste doesn't currently have a subsidiary in Poland, one of the fastest-growing and most profitable banking markets in Europe, the analyst says. However, lenders in Poland suffered for years from high provisions on loans denominated in Swiss francs dating back to the 2000s real-estate boom, Hein says. \"An acquisition which pushes group [return on tangible equity] by 4 [percentage points] in the first fully consolidated year sounds good, perhaps too good to be without risks,\" the analyst says. Shares in Erste jump 7.7%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","BK4567":"ESG概念","BK4588":"碎股","BK4585":"ETF&股票定投概念","EBKDY":"Erste Group Bank AG","FAST":"快扣","BK4521":"英国银行股","BK4104":"贸易公司与经销商","IE00BYQQ9H92.USD":"BNY MELLON GLOBAL LEADERS \"A\" (USD) ACC","BK4207":"综合性银行","SAN":"桑坦德银行","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC"},"translate_title":"Erste集团增加了对快速增长的波兰市场的投资，但可能面临风险——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EBKDY":0.9,"FAST":1,"SAN":0.9},"content_text":"1411 GMT - Austria's Erste Group Bank is adding exposure to the fast-growing Polish banking market through its deal to buy most of Banco Santander's assets there, but could face risks, AlphaValue's Dieter Hein says in a note. Erste doesn't currently have a subsidiary in Poland, one of the fastest-growing and most profitable banking markets in Europe, the analyst says. However, lenders in Poland suffered for years from high provisions on loans denominated in Swiss francs dating back to the 2000s real-estate boom, Hein says. \"An acquisition which pushes group [return on tangible equity] by 4 [percentage points] in the first fully consolidated year sounds good, perhaps too good to be without risks,\" the analyst says. Shares in Erste jump 7.7%. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 10:11 ET (14:11 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}