“We have created, in a relatively short period of time, a very sizeable business with almost 800,000 customers. Following this successful expansion, it is now the right time for us to seek the incorporation of Polbank EFG with its own Polish banking license. We believe the prospects of Poland and its banking sector to be highly attractive and we are excited about the development potential of our organisation.”
Eurobank EFG Group has an established presence in Greece, Poland, Romania Bulgaria, Turkey, Serbia, Ukraine, United Kingdom, Luxembourg, and Cyprus. It is a member of the EFG Group, an international banking group with presence across 40 countries.
More information about Eurobank EFG can be found at www.eurobank.gr
Polbank EFG commenced operations in Poland during 2006 and is today the 8th largest retail bank in the country with a 4.4% retail lending market share centred on a strong presence in high quality residential mortgages and small business banking. Polish operations have been growing very strongly and today Polbank EFG’s network comprises 335 branches with nationwide coverage. Polbank EFG is the largest business in Eurobank EFG’s New Europe operations with €5.6 billion of assets.