The Austrian bank has collected €20m with three capital-protected notes that are linked to a new volatility control index from Solactive.
Erste Group Bank has launched Erste Future Invest Garant (II) 19-29 in Austria. The 10-year, fully protected medium-term note participates 100% in the Solactive Erste Future Invest Volatility Control Index. The structure is the bank’s third product linked to the new index, which was launched on August 28, in the past three months. So far, the products sold a combined €20m according to Uwe Kolar (pictured) , retail & sparkassen sales head at Erste Group Bank. “That is a ver
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