Annual Report - EFG Bank Group

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8 EFG Group’s Activities (continued) The clientele in the Americas is serviced through EFG Capital International Corp., a Miamibased broker/dealer subsidiary, which has a branch in New York and a subsidiary in Lima, and EFG Bank & Trust (Bahamas) Limited, a banking subsidiary based in Nassau. In addition, EFG Bank has representative offices in Bogota, Buenos Aires, Caracas, Mexico City and Quito. Through its US operations the group offers clients around the world efficient securities trading on the American markets. EFG International also offers alternative investment products through its subsidiary, PRS International Consulting Inc., an investment services group headquartered in Miami with a related investment fund administration business based in the Cayman Islands. Eurobank EFG In Greece, EFG Eurobank Ergasias SA (“Eurobank EFG”) is one of the largest banking and financial institutions, operating a network of more than 360 branches and 100 other points of sales throughout the country. Eurobank EFG is the leader in Greece in consumer lending, mutual fund management, private banking, life insurance, investment banking, equity brokerage and small business lending. It is also among the largest lenders to small and medium enterprises and large Greek corporations. Eurobank EFG has a branch in London. In the Greek retail banking sector, Eurobank EFG has established a leading market position through the continuous introduction of innovative and high-quality products, a large branch network, alternative distribution channels and customised services to meet clients’ increasingly sophisticated needs. The bank and its subsidiaries offer an extensive range of services, which includes savings and investment products, mortgage lending, consumer credit, small business lending, phone banking, mobile banking and e-banking. In the corporate and investment banking sector, Eurobank EFG holds a prominent market position, providing its corporate clients with a large spectrum of integrated services and solutions in the areas of corporate finance (IPOs, capital raising, private equity placements, debt issuance), corporate lending, shipping finance, leasing and factoring. The bank’s subsidiary, EFG Eurobank Securities SA, is the leading equity and related derivative brokerage firm in Greece. The Eurobank EFG group is the largest mutual fund manager in Greece. It offers a broad range of investment funds and institutional asset management services. Eurobank EFG is also the local leader in private banking, focusing its activity mainly on the local market and through its Luxembourg-based subsidiary, EFG Private Bank (Luxembourg) SA. In the Greek life insurance market, Eurobank EFG has become the leader, with an extensive offering of bancassurance products. Eurobank EFG is expanding in Central and South-Eastern Europe, a region with a strong EFG Group
EFG Group’s Activities (continued) growth potential. It operates a sizeable network of retail banking branches and points of sale in Poland (Polbank EFG) and has large banking subsidiaries, offering a full range of financial services, in Romania (Bancpost SA), Bulgaria (Bulgarian Postbank AD and DZI Bank AD), Serbia (Eurobank EFG Stedionica AD Beograd), Ukraine (Eurobank EFG) and Turkey (Tekfenbank AS). In many of these countries, the Eurobank EFG group also offers connected financial services such as securities brokerage, credit cards, leasing, mutual fund management, factoring, real estate services and insurance. Annual Report 2006 Group 9
Page 1: Annual Report 2006
Page 4 and 5: Contents 3 Consolidated Financial H
Page 6 and 7: 4 Report of the Board of Directors
Page 8 and 9: 6 EFG Group’s Activities The EFG
Page 12 and 13: 10 Group Presence EFG Bank European
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Page 16 and 17: 14 Consolidated Statement of Income
Page 18 and 19: 16 Consolidated Statement of Change
Page 20 and 21: 18 Notes to the Consolidated Financ
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58 Notes to the Consolidated Financ
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EFG Group
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Contents 78 Review of Parent Bank a
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78 Review of Parent Bank Activities
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80 Statement of Income for the year
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82 Off-Balance Sheet Positions at D
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84 Notes to the Financial Statement
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Images: Bridgeman Art Library “Al
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Annual Report - EFG Bank Group

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