EFG Bank European Financial Group Information and Structure

EFG Bank European Financial Group is a Swiss private banking group with a rich history dating back to 1995. The bank has undergone significant transformations and expansions over the years.

EFG Bank was established through the merger of Bank Vontobel and Bank Sarasin. The bank's name, EFG, stands for European Financial Group.

The bank's headquarters are located in Zurich, Switzerland, and it operates in over 50 locations worldwide. EFG Bank provides a range of financial services to high net worth individuals and families.

Check this out: European Facial

EFG Bank European Financial Group has a rich history dating back to 1995, when it was founded in Switzerland.

The bank's headquarters is located in Zurich, Switzerland, which is a major financial hub in Europe.

EFG Bank operates in over 50 locations across the globe, providing its services to both private and institutional clients.

Its global presence allows the bank to cater to a diverse range of clients with different financial needs.

EFG Bank is a subsidiary of the EFG International Group, which is a leading private banking group in the world.

The bank's mission is to provide its clients with exceptional financial solutions and services that meet their unique needs.

EFG Bank is committed to building long-lasting relationships with its clients, based on trust, integrity, and a deep understanding of their financial goals.

The bank's expertise spans a wide range of financial services, including wealth management, asset management, and investment banking.

A fresh viewpoint: Financial Close Management

EFG Bank European Financial Group has a global presence with offices in over 30 countries. Its extensive network allows for seamless international transactions and financial services.

EFG Bank has a long history dating back to 1995, when it was founded by Joseph S. Tanenbaum. The bank has since grown to become one of the largest private banks in the world.

The bank's commitment to innovation is evident in its digital banking platform, which offers clients a wide range of services, including online banking, mobile banking, and investment management.

EFG Bank European Financial Group SA's commercial register number is CHE-101.681.041. This is the reported UID of the company.

The company's commercial register entry was last modified on 29.08.2024. This information is available under the "Notifications" section.

EFG Bank European Financial Group SA has a total of 30 persons in its management team.

For more insights, see: European Banking Union

EFG Bank European Financial Group SA has made some changes to its procuration collective. A procuration collective à deux was conferred to Artiñano Larue de Charlus Inès Maria.

The procuration of Imholz Christian Henry was radiée in 2023. This means it was cancelled or revoked.

A procuration collective à deux was also conferred to Boga Nathalie in 2023. She is based in Grandcour and Founex.

The procuration of Veltin Marie-Josée was radiée in 2023 as well.

You might enjoy: E Banking Online

A SWIFT code is a unique identifier for a bank that's used for international transactions. It's made up of 8 or 11 characters.

The first 4 characters represent the bank's code, and in the case of EFG Bank European Financial Group SA, their bank code is EFGB.

The next 2 characters represent the country code, which in this case is GR for Greece.

The next 2 characters represent the location code, which in this case is AT for Athens.

The last 2 characters represent the branch code, which is specific to the bank's branch location.

For example, the SWIFT code for EFG Bank European Financial Group SA in Athens, Greece is EFGBGRATXXX.

Intriguing read: European System of Central Banks

Some banks use the same SWIFT/BIC code for all their branches, while others prefer a dedicated code for each branch.

A quick way to determine if a SWIFT/BIC code is used by a specific branch is to check the last three characters. If the code ends with “XXX”, you’re looking at the SWIFT/BIC code for the bank’s headquarters.

EFG International was formed in 1995 by a group of entrepreneurs, including Jean Pierre Cuoni and Baron Corso von Habsburg, through the acquisitions of Banque de Deposits and the Swiss operations of the Royal Bank of Scotland.

The bank's early years were marked by strategic moves, including the purchase of BSI from BTG Pactual in 2016 for CHF 1.33 billion. This deal was a significant milestone for EFG International.

EFG International continued to expand, surpassing its recruitment plan in 2023, with a notable increase in the Asian workforce from 304 to 337 employees.

In the world of banking, companies have undergone many name changes over the years. One notable example is the company that would eventually become EFG Bank. It was previously known as European Financial Group.

Let's take a look at some of the past names of EFG Bank. Here are a few:

These names give us a glimpse into the company's history and how it has evolved over time.

In 1995, EFG International was formed by a group of investors including Jean Pierre Cuoni and Baron Corso von Habsburg.

The bank's genesis was marked by the acquisition of the Zurich office of Banque de Deposits and the Swiss operations of the Royal Bank of Scotland.

EFG International bought BSI from BTG Pactual for CHF 1.33 billion in 2016, less than a year after BTG Pactual had acquired BSI from the Italian Generali for CHF 1.25 billion.

This deal was expected to save EFG International and BSI a combined 185 million Swiss francs per year until 2019.

The brands of both companies have survived, and the deal has had a lasting impact on the bank's operations.

In 2023, EFG International continued to expand, surpassing its recruitment plan in the Asian region, where the workforce increased from 304 to 337, and 141 CROs were recruited worldwide.

EFG Bank European Financial Group has a unique structure, with EFG Bank holding a significant stake in its parent company EFG International.

EFG Bank is the largest shareholder of EFG International, holding about 45.4% of its capital.

EFG Bank is headquartered in Zurich and has a presence in several regions, including Europe, Asia Pacific, the Americas, and the Middle East.

EFG International's largest shareholder is EFG Bank European Financial Group, a Swiss bank based in Geneva, holding about 45.4% of its capital.

EFG Bank European Financial Group is a distinct and separate sub-group of European Financial Group EFG (Luxembourg), based in Luxembourg, which holds a majority stake in EFG International.

BTG Pactual holds 19.8% of EFG International's capital, making it a significant minority shareholder.

EFG Bank is EFG International's main Swiss private banking subsidiary, headquartered in Zurich.

EFG Bank has branches and representative offices across various regions, including Europe, Asia Pacific, the Americas, and the Middle East.

EFG International also has private banking subsidiaries in the UK, including EFG Private Bank Limited, and in the US, including EFG Capital.

The executive committee plays a crucial role in the bank's decision-making process.

Giorgio Pradelli serves as the Chief Executive Officer, overseeing the overall strategy and direction of the bank.

Vassiliki Dimitrakopoulou is the Global Head of Legal & Compliance, ensuring the bank operates within regulatory guidelines.

Martin Freiermuth is the Chief Operating Officer, responsible for the day-to-day operations of the bank.

Dimitris Politis is the Chief Financial Officer, managing the bank's financial resources and planning.

Enrico Piotto serves as the Chief Risk Officer, monitoring and mitigating potential risks to the bank's operations.

The bank is led by a strong executive committee, with each member bringing their expertise to the table.

Here is a list of the executive committee members:

EFG Bank European Financial Group has a strong presence in Europe, with over 50 years of experience in the industry.

The bank offers a wide range of banking services, including corporate and private banking.

EFG Bank has a significant presence in Switzerland, where it was founded in 1964.

Its corporate banking services cater to the needs of small and medium-sized enterprises (SMEs).

EFG Bank provides private banking services to high net worth individuals.

The bank has a global reach, with offices in over 50 countries.