as at December 31, 2003 - EFG Bank Group

8
EFG Bank Group’s Activities
The Group
Internationally, the Group’s main activities are
private banking and asset management. The
Group services its worldwide clientele through
offices in Geneva (head office), Athens (and
other Greek cities), Guernsey, Helsinki, Hong
Kong, Jersey, London (and Birmingham),
Luxembourg, Miami, Monaco, Singapore,
Stockholm (and other Swedish cities), Taipei
and Zurich (and other Swiss cities). The Group
also has representative offices in Beijing and
Buenos Aires.
In Greece, the Group controls one of the largest
domestic banking and financial institutions, EFG
Eurobank Ergasias SA, active in retail, corporate
and investment banking and other related
services. A large portion of the capital of the
latter is owned by the public through its listing on
the Athens Stock Exchange.
Private banking and asset management
The Group provides a wide range of financial
services and products under the concept of Total
Wealth Management which embraces private
banking, asset management, financial advisory,
trust administration, securities brokerage and
other personal financial services.
The Group's successful growth in private banking
is based on a strategy that combines business
development incentive schemes, geographical
expansion and selective acquisitions.
Switzerland
The Group’s parent bank, EFG Bank European
Financial Group, is based in Geneva.
The Group's principal activity in Switzerland is
private banking, carried out primarily through
the Zurich head office, Geneva branch and three
Valais offices of EFG Private Bank SA.
Over the years, through the hiring of experienced
client relationship officers, EFG Private Bank SA
has grown rapidly and expanded in Switzerland
and overseas, with operations in Guernsey, Hong
Kong, Miami, Scandinavia, Singapore and
Taiwan. It offers a large range of innovative
products, tailored to meet client expectations,
taking advantage of changing financial market
conditions.
From its offices in Sweden and Finland, EFG
Investment Bank AB, a fully licensed bank, offers
structured investment and other private banking
products to a large number of Scandinavian
middle-size institutional and private clients.
In the Far East, EFG Private Bank SA has
branches in Hong Kong and Singapore as well as
a financial consulting subsidiary in Taiwan.
EFG Private Bank SA services its Latin American
clientele through its broker/dealer subsidiary,
EFG Capital International Corp, located in
Miami, and has a representative office in Buenos
Aires. Through its US operation it also offers
clients around the world efficient securities
trading on the US markets.
In addition, EFG Private Bank SA provides
offshore services through its branch in Guernsey
and its trust administration subsidiary in the
British Virgin Islands.
EFG Bank Group