Friday, October 23, 2015 1:40:40 PM
EGFEY(Eurobank) owns more than 500 branches and 820 ATMs with total assets of 75.5BL Euro.
Eurobank Ergasias S.A. provides retail, corporate and private banking, asset management, insurance, treasury, capital market, and other services. The company?s Retail segment offers customer current accounts, savings, deposits and investment savings products, credit and debit cards, consumer loans, small business banking, and mortgages. Its Corporate segment provides direct debit facilities, current accounts, deposits, overdrafts, and loan and other credit facilities, as well as foreign currency and derivative products to corporate entities. The company?s Wealth Management segment offers private banking services, including wealth management services to medium and high net worth individuals; and insurance, mutual fund and investment savings products, and institutional asset management services. Its Global and Capital Markets segment provides investment banking services, which include corporate finance, merger and acquisitions advice, custody, equity brokerage, financial instruments trading, and institutional finance to corporate and institutional entities, as well as specialized financial advice and intermediation to private and large retail individuals, and small and large corporate entities. The company also offers business-to-business e-commerce, accounting, and tax services; insurance brokerage; payroll and advisory; leasing; factoring; management of overdue loans; credit card management; mutual fund management; leasing; informatics data processing; and consultancy services. In addition, it engages in the property management and investment activities; promotion/management of household products; and the provision of real estate services. As of December 31, 2014, the company had 500 branches, 820 ATMs. It operates in Greece, as well as in Central, Eastern, and Southeastern Europe. The company was formerly known as EFG Eurobank Ergasias S.A. and changed its name to Eurobank Ergasias S.A. in August 2012. Eurobank Ergasias S.A. is based in Athens, Greece.
EGFEY = STRONG BUY.
Go EGFEY Go *************
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