Erste Group Bank's Cost of Risk (loan loss provisions as % of total assets) amounted to -0.010% in the second quarter of 2023, up from -0.024% when compared to the previous quarter.
Historically, the bank’s cost of risk reached an all time high of 1.78% in 3Q2014 and an all time low of -0.134% in 1Q2018. The average cost of risk in the last six quarters amounted to 0.055%.
On the other hand, average asset yield was 5.74% in 2Q2023, up from 2.99% when compared to the same period last year. Cost of funding amounted to 3.96% in 2Q2023, up from 1.31%.