Erste Profit Jumps as Strong Economic Recovery Cuts Risks Costs

The video discusses the reduction of risk costs post-pandemic, highlighting the strong economic rebound in Central and Eastern Europe. It covers macroeconomic trends, M&A opportunities, and the impact of rising rates on business. The discussion also includes loan loss provisions, potential risks from the Delta variant, and vaccination momentum. Finally, it outlines the capital strategy and dividend plans, emphasizing a return to normal business operations and rewarding investors.

What factors have contributed to the decrease in risk costs following the pandemic?

How has the economic rebound in Central Eastern Europe compared to expectations?

What are the expected GDP growth rates for 2021 in Central and Eastern European countries?

What is the company's stance on M&A opportunities in the current economic environment?

How does the company expect loan loss provisions to develop in the second half of the year?

What is the company's updated guidance for loan loss provisions?

What is the company's plan regarding dividends for the year 2021?