as at December 31, 2003 - EFG Bank Group

38
Notes to the Consolidated Financial Statements (continued)
25. Shares in subsidiary undertakings
Direct Indirect
voting voting Country of Issued share capital
(In thousands of currency units) % % incorporation Line of business Dec. 31, 2003 Dec. 31, 2002
EFG Private Bank SA 67 - Switzerland Bank CHF 56’410 55’000
EFG Fondkommission AB 100 67 Sweden Financial company SEK 100’000 100’000
EFG Capital International Corp 100 67 USA Broker-dealer USD 12’200 14’700
EFG Financial Consulting Co Ltd 100 67 Taiwan Consulting services TWD 18’000 8’000
SIF Swiss Investment Funds SA 100 67 Switzerland Funds administration CHF 2’500 -
BEC Universal Advisory Company SA 100 67 Luxembourg Investment advisory EUR 76 -
EFG Trust Company (BVI) Limited 100 67 Virgin Islands Trust company USD 500 500
BEC Thema Advisory Company SA 100 67 Luxembourg Investment advisory USD 90 -
EFG Investments (Guernsey) Ltd 100 100 Guernsey Investment company CHF 250’224 246’224
EFG Eurofinancière
d’Investissements SAM 100 100 Monaco Bank EUR 16’000 16’000
EFG Private Bank Ltd 95 95 United Kingdom Bank GBP 111’215 111’212
EFG Private Bank (Channel Islands) Ltd 100 95 Guernsey Bank GBP 5’000 5’000
EFG Reads Trust Company Ltd 100 95 Jersey Trust company GBP 9 9
EFG Asset Management Ltd 100 95 United Kingdom Asset management GBP 4’000 4’000
EFG Platts Flello Ltd 100 98 United Kingdom Financial planning GBP 181’000 -
EFG Eurobank Ergasias SA 41 41 Greece Bank EUR 930’680 865’262
EFG Private Bank (Luxembourg) SA 100 56 Luxembourg Bank EUR 70’000 70’000
EFG Eurobank Ergasias Leasing SA 100 41 Greece Leasing company EUR 47’000 47’000
EFG Eurobank Securities SA 100 41 Greece Securities company EUR 12’000 12’000
Eurobank Cards SA 100 41 Greece Credit card company EUR 3’082 587
EFG Telesis Finance SA 100 41 Greece Investment banking EUR 15’807 15’807
EFG Life Insurance SA 100 41 Greece Insurance services EUR 1’468 1’468
EFG Property and Casualty Insurance SA 100 41 Greece Insurance services EUR 352 352
EFG Mutual Fund
Management Company SA 100 41 Greece Asset management EUR 1’115 1’115
EFG Factors SA 100 41 Greece Factoring company EUR 9’000 6’000
Banc Post SA 53 22 Romania Bank ROL 2’460’509’000 2’460’509’000
EFG Business Services SA 100 41 Greece Payroll and advisory services EUR 3’816 3’816
EFG Eurobank Properties SA 50 21 Greece Real estate services EUR 14’991 14’693
ELDEPA SA 50 21 Greece Property rental EUR 3’721 3’721
EFG Eurobank Ergasias
International (C.I.) Ltd 100 41 Guernsey Offshore banking GBP 10’000 10’000
OPEN 24 SA 100 41 Greece Sundry services EUR 2’989 2’989
EFG Insurance Services SA 90 37 Greece Insurance brokerage EUR 300 88
EFG Eurobank Asset
Management SA (ex. Telesis M/F) 100 41 Greece Asset management EUR 1’465 1’465
EFG Autorental SA 100 41 Greece Vehicle leasing and rental EUR 588 588
be-Business Exchanges SA 71 29 Greece Business-to-business
electronic commerce EUR 11’010 6’000
EFG Euroinvestment Development SA 51 21 Greece Closed-end mutual fund EUR 29’300 29’300
EFG Internet Services SA 100 41 Greece Internet and electronic
banking EUR 4’403 4’403
Q-Quality Management Services SA 100 41 Greece Quality monitoring and
improvement services EUR 294 294
Bulgarian Retail Services JSC 100 41 Greece Asset management BGN 700 700
EFG Hellas Plc 100 41 United Kingdom Special purpose financing
vehicle GBP 13 13
EFG Hellas Cayman Islands Plc 100 41 Cayman Islands Special purpose financing
vehicle USD 15 15
Telesis Direct SA 100 41 Greece Electronic brokerage EUR 63 63
Hellas on Line SA (formerly Comquest SA)100 41 Greece Internet and telecom services EUR 6’000 6’000
EFG Eurobank AD Beograd 92 38 Serbia Bank YUM 519’200 -
Berberis Investments Ltd 100 41 Channel Islands Holding company USD 100 100
Eurocredit Retail Services Ltd 100 41 Cyprus Credit card company EUR 503 -
Bulgarian Post Bank AD 92 38 Bulgaria Bank BGN 107’969 107’969
Alico/CEH Balkan Holdings Ltd 100 41 Cyprus Holding company USD 55’111 55’111
Private Financial Holdings Ltd 100 100 United Kingdom Holding company GBP 93’000 93’000
Private Financial Investments Holding Ltd 100 100 Jersey Holding company GBP 130’381 130’381
EFG Bank Group