Erste Bank CFO on 1Q Results and Ukraine War

The video discusses the impact of rate hikes on mortgage lending in Eastern Europe, particularly in the Czech Republic and Hungary. It addresses concerns about the economic fallout from the Ukraine war and its effect on asset quality. The speaker highlights the bank's strong balance sheet and existing loan loss provisions, which help mitigate risks. The discussion also covers capital allocation priorities, including organic growth and potential opportunities arising from the crisis, while maintaining a commitment to shareholder payouts.

What is the main concern regarding mortgage lending in Eastern Europe?

• The decrease in interest rates

• The increase in property prices

• The lack of demand

• The impact of rate hikes

How does the company plan to mitigate the impact of potential risk deterioration?

• By expanding into new markets

• By carrying forward provisions from the pandemic

• By increasing interest rates

• By reducing loan offerings

What is the company's top priority according to the strategic plan?

• Expanding into Western Europe

• Reducing dividend payouts

• Organic growth

• Mergers and acquisitions

What percentage of dividend payout is the company committed to?

• 20-30%

• 30-40%

• 40-50%

• 10-20%

What is the company's approach towards opportunities arising from the crisis?

• Avoiding any new investments

• Expanding aggressively without evaluation

• Focusing solely on existing operations

• Closely monitoring and evaluating them