Stefano Massera

Established with the objective of growing prosperity and providing access to financial services for all, Erste Social Finance Holding is a joint venture of Erste Group Bank AG and ERSTE Foundation. As a social enterprise, Erste Social Finance Holding aims for positive social impact and sustainable financial results. As stipulated in its Articles of Association, it does not distribute dividends but reinvests all generated profits into new social projects. Erste Social Finance Holding acts as a social finance investor and intermediary in the region of Central and Eastern Europe. Its main activities include investing in social business models which are financially sustainable, and developing and launching innovative social finance instruments.