Emporiki Bank of Greece S.A.
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Emporiki Bank of Greece S.A. - Company
Capsule
Reference Code: FS0037CC
Published Date: April 2011
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Emporiki Bank of Greece S.A. - Company Capsule Page 1
Emporiki Bank of Greece S.A.
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Emporiki Bank of Greece S.A. - Company Overview
Emporiki Bank of Greece (Emporiki) is a banking and financial services group. The Bank offers a range of financial
products and services, such as investment banking, e-banking, asset management services, securities portfolio
management, retail banking and loans to enterprises, insurance and bank assurance, venture capital, factoring, leasing
and property development. The bank is a member of Credit Agricole. The bank operates through a network of 372
branches in Greece and one branch in UK. The bank operates through three business lines namely, Retail Banking,
Corporate Banking, and Investment Banking and Treasury. The bank’s key area of operations includes Greece, Cyprus,
Romania, Bulgaria and Albania. Emporiki is headquartered in Athens, Greece.
Financial Performance
The company reported interest income of EUR 1,103.5 million during the year ended December 31, 2009.The company's
interest income declined at a compounded rate of 11.07% during the period 2007-2009 with an annual decline of 32.9%
over fiscal year 2008. During the fiscal year 2009, its operating margin was -50.3% as against the operating margin of -
24.7% in the fiscal year 2008. During the fiscal year 2009, the company’s net profit margin was -52.8% as against the net
profit margin of-29.9% in the fiscal year 2008.
Emporiki Bank of Greece S.A. - Key Facts
Emporiki Bank of Greece S.A., Key Facts
11 Sophokleous Str., Athens, ,
Ticker Symbol, Stock
Corporate Address: 102 35, Greece
TEMP (Athens Stock Exchange)
Exchange
Telephone + 30 210 3284000 No. of Employees 6,430
Fax + 30 210 3253746 Financial Year End December
URL www.emporiki.gr Revenue (in EUR Million) 1,103.53
Industry Construction , Financial Services Revenue (in USD Million) 1,532.68
Locations Albania, Bulgaria, Cyprus, Greece, United Kingdom
Source: Annual Report, Company Website, Primary and Secondary Research
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Emporiki Bank of Greece S.A. - Company Capsule Page 2
Emporiki Bank of Greece S.A.
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Emporiki Bank of Greece S.A. - Major Products and Services
Emporiki Bank of Greece S.A. offers banking and financial services. The bank’s key products and services include the
following:
Emporiki Bank of Greece S.A., Major Products and Services
Products:
Asset Management
Banc Assurance
Business Loans
Consumer and Car Loans
Consumer Credit
Current and Saving Accounts
Factoring Services
Housing Loan
Insurance Services
Investment Banking
Investment Financing
Leasing
Mutual Fund Management
Personal And Commercial Banking
Portfolio Management
Rade Financing
Real Estate Development
Securities
Time and Demand Deposits
Services:
Treasury services
Insurance services
Source: Annual Report, Company Website, Primary and Secondary Research
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Emporiki Bank of Greece S.A. - Company Capsule Page 3
Emporiki Bank of Greece S.A.
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Emporiki Bank of Greece S.A. - Key Competitors
The following companies are the major competitors of Emporiki Bank of Greece S.A.:
BANK OF ATTICA S.A.
Alpha Bank A.E.
National Bank of Greece S.A.
First Business Bank
Agricultural Bank of Greece SA
Bank of Cyprus Public Company Ltd
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Emporiki Bank of Greece S.A. - Company Capsule Page 4
Emporiki Bank of Greece S.A.
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Emporiki Bank of Greece S.A. - Key Employees
Emporiki Bank of Greece S.A., Key Employees
Name Job Title Board Level Since Age
Alain A. Strub Vice Chairman, Chief Executive Officer Executive Board 2009 55
General Manager - Back Offices and
Anastasios Karkazis Senior Management 2010
Processes
Andre-Francois Hoffmann Chief Risk Officer Senior Management 2010
Antonios Leontiou Head of Retail Banking Network Senior Management 2009
Bertrand Badre Director Non Executive Board 2009 42
Bruno-Marie Charrier Deputy Chief Executive Officer, Director Executive Board 2007 59
Charalambos David Director Non Executive Board 2007 45
Charalampos David Director Non Executive Board 2007 45
Despina Chalkidi Director, Director Executive Board 2006 47
Head of Economic Analysis, Research
Dimitrios Moschos Senior Management 59
and Compliance
Head of Training, Selection and
Eleni Pagoni Senior Management 2009
Development Unit
Fokion Dimakakos Director, Director Executive Board 1988 48
Director, Advisor of the Board of
Georgios Spiliopoulos Executive Board 2009 54
Directors
Chief Operating Officer - Emporiki
Ioannis Parlitsis Senior Management 2008
Credicom Bank S.A.
Jean-Francois Marchal Director Non Executive Board
Jean-Yves Hocher Director Non Executive Board 2009 54
Konstantinos Head of General Division of Internal
Senior Management 2008 50
Papadiamantis Control
General Manager for Participations,
Leonidas Zonnios Senior Management 2006 58
Real Estate and Private Banking
Luc Demazure Director Non Executive Board 2003
Mary Nicolaidou Head of Human Resources Senior Management 2009
Nikolaos Ebeoglou Chairman Non Executive Board 2006
Robert Reynaud Chief Information Officer Senior Management 2006
Vincent Julita Chief Financial Officer Executive Board 2009
Yves Nanquette Director, Director Non Executive Board
Source: Annual Report, Company Website, Primary and Secondary Research
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Emporiki Bank of Greece S.A. - Company Capsule