Erste Securities Istanbul is an Erste Group company. Erste Group purchased Lehman Brothers Securities in October 2009 and changed its name to Erste Securities Istanbul.
Erste Securities Istanbul (ESI) is an order transmission licensed brokerage house with expertise in the Turkish capital markets. ESI, commenced its operations in 2010 with a local research and sales team. ESI currently provides its customers with both equity and macro research. At the same time, ESI acts as a bridge providing Erste Group’s comprehensive services in Central and Eastern Europe to the Turkish market with its customer portfolio.
Erste Group was established in Austria in 1819 as a savings bank. In 1997 the bank became public and adopted a retail banking strategy to expand its operations to Central and Eastern Europe. Since then its acquisitions have grown and its customers base has sky rocketed from 600,000 to 16.6 million with 95% comprised of European Union citizens.
Today Erste Group is one of the largest financial institutions in Central and Eastern Europe in terms asset size and customer base.