Mission and Vision

We believe in a united Europe, in a social, cultural and economic area without borders, with all its diverse natural beauty, individualism and identities.

The foundation of the first Austrian savings bank in the early 19th century was a pioneering, civil-society initiative. It empowered people to take their fate into their own hands by making provisions for the future. The approaches we took back then have become the living roots of our commitment.

These landmarks have guided our activities up to this day:

  • we invest in lasting structures and relationships
  • we reinforce¬†individual and organisational autonomy
  • we cooperate on an equal footing
  • we take joint responsibility for the common good
  • we¬†firmly believe that a prosperous community provides the basis for social, individual and economic development

The turbine effect!

Click here to download the booklet ‘The Turbine Effect. A quick peek into ERSTE Foundation’