





Erste Bank - 2.7 billion Euros capital infusion from the Austrian Govt
The transaction announced on Thursday will be concluded before the end of the year, the group officials announced. After the capital infusion, the Tier capital rate, assessing the solvency of a company, will grow over 10%, compared to 7% in 2007 and the 7.5% estimated this year.
At Erste, the members of the Board and a series of senior managers gave up the bonuses scheduled for this year.
At the beginning of October, Erste announced that it had 300 million Euros exposed in Iceland, experts having various estimations on the way the assets in Iceland will depreciate.