Profile: Erste Group Bank
Erste Group Bank which acquired Citi's structured products business in Hungary in 2015, has steadily increased its share in the country's structured products market over the last two years. The product range offered by the lender includes leverage certificates and capital guaranteed products, with a focus on partially protected products like autocallables and reverse convertibles. The bank also works with other issuers such as Credit Suisse, Societe Generale and Commerzbank, as part of the legacy left by the US bank as a partner of those banks in the distribution of structured products.
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