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 significance of maintaining a strong balance sheet during economic uncertainty?

What are the priorities for financing growth in the current economic climate?