Erste Group Bank AG. (WBO:EBS) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is Erste Group Bank AG. Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for Erste Group Bank AG.'s Mortgage Backed Securities (USD Mil) or its related term are showing as below:

Erste Group Bank AG. Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Erste Group Bank AG.'s Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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Erste Group Bank AG. Mortgage Backed Securities (USD Mil) Chart

Erste Group Bank AG. (WBO:EBS) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

Erste Group Bank AG. Mortgage Backed Securities (USD Mil) Related Terms

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Erste Group Bank AG. (WBO:EBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Erste Group Bank AG. (WBO:EBS) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

EBKOF:USA EBKDY:USA EBS:Romania EBSv:UK 0MJK:UK EBO:Germany ERBAG:Czech Republic

Address

Am Belvedere 1, Vienna, AUT, A-1100

Website

https://www.erstegroup.com

Erste Group Bank AG. is a financial services provider. Its banking operations is the retail and corporate customer business in the eastern part of the European Union, including Austria. The geographical areas consist of two core markets, Austria and Central and Eastern Europe and a residual segment Other comprises the remaining business activities of the bank outside its core markets as well as the reconciliation to the consolidated accounting result. The company's operating segment include Retail; Corporates; Group Markets; Asset/Liability Management and Local Corporate Center; Savings Banks and Group Corporate Center.