To strengthen the cooperative relationship and to promote the economic and trade development between Taiwan and Central & Eastern Europe, the Export-Import Bank of the Republic of China (Taiwan Eximbank) and Erste Group, headquartered in Vienna/Austria, signed a Memorandum of Understanding (MOU) on 27 March 2025 at the Taipei head office of Taiwan Eximbank. The MOU was signed by the President of Taiwan Eximbank, Mr. Fu-Hua Hsieh, and the Member of the Management Board & CFO of Erste Group, Mr. Stefan Doerfler. The Chairman of Taiwan Eximbank, Mr. Eric Teng-Shan Tai, witnessed the signing ceremony.
The MOU constructs a base of trust for business cooperation of the two banks and supports the business expansion of Taiwanese companies into the Central & Eastern European markets. Founded in 1819 as the first savings bank in Austria, Erste Group today is the largest regional banking group in Austria and Central & Eastern Europe. The Group’s Hong Kong Branch is coordinating the activities in Asia, amongst others through its long-standing representation in the Asian Bankers Association.
