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Hellenic Bank Of Cyprus

CORPORATE COMPANY PROFILES

HELLENIC PUBLIC COMPANY LTD

English 205

Submitted by:

Fotini Giorgalli (K2006387)

Date:   6th of May 2008

EXECUTIVE SUMMARY:

Hellenic Public Company Ltd is a Cypriot company.
Its main activities are providing personal, business, corporate and international financial services.   Main services include open accounts, make deposits, loans, electronic banking, insurance, investments, treasury, private banking, cards, bank tarrifs, custodian services, tax banefits.

Principal brands include Hellenic Bank Investment Ltd, Hellenic Alico Life Insurance Ltd,   Hellenic Bank Finance Ltd.

Financial Institutions Group has been operating internationally since inception and has built up an efficient worldwide network of business relations with more than 1000 correspondent banks worldwide.   Through Financial Institutions Group, a successful channel of communication has been built up to manage global banking relationships, to handle all Hellenic Bank NOSTRO and VOSTRO accounts and to ensure prompt and efficient execution of all international banking transactions.

By strengthening business relations with robust financial institutions,   Hellenic Bank network is enabled to provide favourable and secure business conditions for the execution of all client international transactions as well as the provision of an improved range of products and services.   To this purpose a non-bank subsidiary was established in Hong Kong in 2003, for servicing the import needs of commercial clients.

Hellenic Bank, first of all banks from the 10 new EU countries, joined EBA Step 1 to ensure prompt delivery and correct forwarding of all EUR payments.   Hellenic Bank is also the only local bank that has signed a co-operation agreement with the European Bank for Reconstruction and Development for the confirmation of letters of credit and trade related guarantees issued by eastern European Banks.

As of January 2004, Hellenic Bank is a member of...