EFG Bank European Financial Group SA

EFG Bank European Financial Group SA is a Swiss bank based in Geneva and supervised by FINMA; it participates in the Swiss deposit insurance scheme (esisuisse), which currently protects eligible client deposits up to CHF 100,000 per client per bank. The institution’s core activities are private banking and wealth management for high-net-worth and ultra-high-net-worth clients, family offices, and external asset managers, covering discretionary and advisory portfolio management, custody and execution, wealth planning, and secured lending such as Lombard credit. It is a significant shareholder of EFG International, the Zurich‑based private banking group listed on SIX Swiss Exchange, while most operating private banking activities and public financial reporting are conducted at the EFG International level, including disclosure of capital ratios, assets under management, net new money, and profitability metrics. Cross‑border services are provided in line with local regulatory requirements through Swiss and international booking centers in the wider EFG network, and onboarding follows Swiss AML rules with detailed due diligence on source of funds and ongoing monitoring. Pricing typically combines management or advisory fees, custody charges, and transaction costs, and minimum relationship sizes are common; prospective clients should obtain the current fee schedule, confirm tax reporting options (e.g., statements compatible with their home jurisdiction), and understand product availability and lending terms. Risk considerations include sensitivity to market conditions, client activity, and collateral values in secured lending, as well as the capital and liquidity profile of the bank and the broader EFG ecosystem. The franchise targets private banking rather than everyday retail, offers e‑banking and reporting tools, and centers on relationship‑driven service and execution in listed and over‑the‑counter instruments.