In response to recent questions raised by the press, Eurobank EFG clarifies that:
Eurobank EFG has no exposure whatsoever to Madoff Investment Securities LLC products.
In particular, the Bank and all the subsidiary companies of the Eurobank EFG Group (EFG Mutual Funds AM, Eurolife Insurance etc) have absolutely no exposure either to Madoff or to third party funds that had invested in related products.
Furthermore, Eurobank EFG clarifies it has never distributed Madoff related products and therefore neither the Private Banking clients of the Bank or its subsidiaries have any exposure to Madoff Investment Securities LLC products.
Furthermore, Eurobank EFG clarifies it has never distributed Madoff related products and therefore neither the Private Banking clients of the Bank or its subsidiaries have any exposure to Madoff Investment Securities LLC products.