EFG Bank

What EFG Bank does

EFG Bank European Financial Group SA is a Swiss-registered holding bank headquartered in Geneva that operates simultaneously as a fully licensed private bank and as an investment holding entity. As a bank, it provides classical private banking services spanning deposit accounts, secured Lombard-type and mortgage loans, fiduciary placements, treasury transactions, foreign exchange, securities brokerage (equities, bonds, investment funds), investment advisory, discretionary management, and securities lending. As an investment holding entity, it performs administrative and oversight duties over its 46% direct shareholding in EFG International AG, a Zurich-headquartered, SIX Swiss Exchange-listed private banking and asset management group. The bank is fully licensed and authorized under Swiss banking and securities dealer supervision by FINMA and operates under the Swiss Financial Services Act (FinSA), with full FinSA requirements in force since 1 January 2022.

The bank's service offering is delivered through two primary channels. Direct coverage is provided by Client Relationship Officers (CROs) who serve as the principal client interface for high-net-worth individuals and institutional clients across advisory, discretionary, lending, and execution mandates. A parallel Independent Asset Manager (IAM) channel routes third-party-managed client portfolios onto EFG's banking infrastructure, with IAMs retaining client classification responsibility under FinSA while EFG supplies custody, execution, and banking services. Customer segments are organized horizontally across HNW individuals (primary), professional and institutional clients (financial intermediaries, pension schemes, insurance companies, public entities, large corporates), and IAMs. Core operating subsidiaries include EFG Bank AG and EFG Asset Management (Switzerland) SA, with EFG Bank AG Central Operations based in Geneva.

Revenue is generated across multiple streams: advisory and discretionary management fees, brokerage commissions on securities transactions, interest income from secured Lombard and mortgage lending, fiduciary placement fees, treasury and FX transaction fees, and securities lending income. Pricing is not publicly disclosed and is communicated through Client Relationship Officers and a 'Standard commissions and charges' brochure. The bank participated in the Swiss Banking Ombudsman scheme for dispute resolution. In December 2025, the Hong Kong Securities and Futures Commission reprimanded and fined subsidiary EFG Bank AG $10.85 million for regulatory breaches spanning 2015–2020 related to product due diligence, record-keeping, and late reporting, an enforcement signal that bears watching for cross-border compliance posture.

Name

EFG Bank

Legal name

EFG Bank European Financial Group SA

Website

https://efggroup.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

EFG Bank European Financial Group SA is a FINMA-supervised Swiss private bank and investment holding company headquartered in Geneva, offering classical private banking — deposits, secured lending, securities brokerage, advisory, discretionary management, and securities lending — to HNW individuals, institutional clients, and Independent Asset Managers.

Ownership category

akta.pro rank

Product category

Private Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Portfolio Management and Investment Advice (523940)

SIC

State Commercial Banks (6022), Investment Advice (6282)

akta.pro primary industry

Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)

akta.pro secondary industries

Stock Borrow/Loan (Equities Securities Lending) (FSACAFAD), Direct Lending — Asset-Based Lending (ABL) (FSAHAJAE)

Keywords

• Private banking services
• Wealth management
• Securities brokerage
• Secured lending
• Asset management

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Compliance, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Private Banking Services Fees: EFG Bank generates revenue through classical private banking services including advisory fees, discretionary management fees, securities brokerage commissions, and transaction-based fees on securities (equities, bonds, and investment funds).
2. Lombard and Mortgage Lending: The bank earns interest income from secured Lombard-type loans and mortgage loans provided to clients.
3. Fiduciary Placements and Treasury: Revenue from fiduciary placements and treasury transactions including foreign exchange services.
4. Securities Lending: Income generated from securities lending activities as documented in FinSA disclosures.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

EFG Bank European Financial Group SA is a Swiss-registered holding bank in Geneva that provides classical private banking services including deposit accounts, secured Lombard-type and mortgage loans, fiduciary placements, treasury transactions, foreign exchange, securities brokerage (equities, bonds, investment funds), investment advisory services, and discretionary portfolio management mandates. As a FINMA-supervised Swiss bank and securities dealer, it also acts as an investment holding company with a 46% shareholding in EFG International AG, a Zurich-listed international private banking and asset management group.

Product overview

EFG Bank European Financial Group SA is a fully licensed Swiss private bank offering a comprehensive suite of private banking and asset management services. The bank operates as both a private banking institution providing classical banking services (deposit accounts, secured loans including Lombard-type and mortgage loans, fiduciary placements, treasury transactions, foreign exchange, securities brokerage, advisory services, and discretionary management) and as an investment holding company with a 46% shareholding in EFG International AG, an international private banking and asset management group listed on SIX Swiss Exchange. The bank's core offerings are complemented by securities lending services and investment execution services, all regulated by FINMA under Swiss banking standards including FinSA requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Deposit Accounts Classical private banking deposit account services for private banking clients of EFG Bank.
• Lombard-type Loans Secured Lombard-type loans provided to private banking clients as part of the bank's lending services.
• Mortgage Loans Secured mortgage lending products for private banking clients.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Lombard Odier: Swiss private bank headquartered in Geneva providing wealth management, investment advisory, and lending services to private and institutional clients — directly comparable in geography and offering mix.
• Pictet Group: Geneva-based private bank and asset manager offering wealth management, asset management, and related services to HNW and institutional clients; closest Swiss geographic and product peer.
• Julius Baer Group: Swiss-headquartered pure-play wealth manager offering private banking, lending, advisory and discretionary management to HNW clients globally; competes head-to-head with EFG in the international HNW segment.
• EFG International AG: The Zurich-listed international private banking and asset management group in which EFG Bank holds a 46% stake; operates the same core private banking, lending, and asset management services globally and is the most directly comparable entity in the group structure.
• Union Bancaire Privée (UBP): Geneva-based private bank offering wealth management, asset management, and securities services to HNW and institutional clients; operates in the same Swiss HNW market as EFG.
• Mirabaud: Geneva-based private bank providing wealth management, asset management, and securities services to private and institutional clients; similar size band and Swiss HNW focus.
• J. Safra Sarasin: Basel-headquartered Swiss private bank offering wealth management, investment advisory, and lending to HNW clients globally; comparable Swiss private banking franchise.
• Vontobel: Zurich-headquartered Swiss bank offering private banking, investment advisory, and asset management services to HNW and institutional clients; overlaps directly with EFG's product suite.

Broad incumbents

• HSBC Private Banking: Global private bank offering wealth management, advisory, lending, and FX services to HNW and UHNW clients worldwide; overlaps with EFG's offering but with a much broader international footprint.
• UBS Group: Global Swiss-headquartered banking group with a dominant global wealth management franchise (including Credit Suisse integration); competes broadly with EFG across HNW and UHNW segments but at vastly greater scale.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EFG Bank