EFG Bank AG

EFG Bank AG is a Swiss private bank headquartered in Zurich and a key operating entity of EFG International AG, a publicly listed wealth management group on SIX Swiss Exchange (ticker: EFGN). The bank is supervised by the Swiss Financial Market Supervisory Authority (FINMA) and participates in the Swiss depositor protection scheme (esisuisse), which covers eligible client deposits up to CHF 100,000 per client per bank for accounts booked in Switzerland. EFG Bank AG focuses on private banking and wealth management for high-net-worth and ultra-high-net-worth individuals, families, and external asset managers, offering discretionary and advisory portfolio mandates, custody and execution across asset classes, investment funds and structured products, and credit solutions including Lombard lending and select mortgage financing subject to jurisdictional constraints and collateral requirements. Wealth planning and related services are provided by in-house specialists and external partners where appropriate, and clients have access to e-banking and mobile channels for account information and transactions. The bank operates booking centers in Switzerland and benefits from EFG International’s broader network across multiple jurisdictions; cross-border services are provided under local rules and product availability varies by client domicile. EFG Bank AG and its parent adhere to Swiss conduct and investor-protection rules (including FinSA/FinIA), anti-money laundering and sanctions requirements, and international tax transparency standards such as CRS and FATCA. At group level, EFG International publishes audited financial statements and Pillar 3 disclosures, and is subject to Swiss capital and liquidity requirements aligned with Basel III; EFG is not designated as a systemically important bank in Switzerland. Account opening typically entails higher minimum relationship sizes, full know-your-customer and source-of-funds verification, and suitability assessments; fees depend on mandate type, asset class, trading activity, and credit usage. Clients should consider market, credit, operational, and counterparty risks inherent in wealth management and lending, and the limited scope of depositor protection relative to total assets held, especially for securities held in custody where market value can fluctuate and investor-compensation regimes differ from deposit insurance. EFG International has expanded through acquisitions, including the integration of BSI’s operations completed after 2016, and maintains a multi-entity structure in which EFG Bank AG acts as a core Swiss banking platform within the group.