M E D I A R E L E A S E
Eurobank EFG Started Selling Insurance Products
Wiener Stadtische and Delta Generali insurance policies in Eurobank EFG branches
Belgrade, Nov 11, 2009 – In accordance with international banking trends and the Group’s
business philosophy, Eurobank EFG launched sales of Delta Generali Osiguranje’s products
in July, and at the beginning of October, it also incorporated products of Wiener Stadtische in
its offer. In this way, Eurobank EFG is distributing through its branches policies of two
insurance companies that are, leaders in cooperation with banks in the Serbian market and
the Central and South-Eastern European region.
With the introduction of bancassurance services, the Bank has enabled its clients to get an
insurance policy in a branch, as a part of a single offer with competitive terms and save time. In this
way, upon loan approval, clients will not be obliged to visit an insurance company in order to acquire
an insurance policy but they will take their policy in the Bank, along with loan-related documents.
Eurobank EFG currently offers insurance products which are obligatory upon loan approval such as :
• Property insurance (insurance of a subject under mortgage with loans for SMEs and private
• Casco insurance (car insurance with car loans).
The Bancassurance Unit in Eurobank EFG plans to expand its services with other insurance
products in the near future.
Eurobank currently employs more than 160 employees trained and licensed on behalf of the National
Bank of Serbia which makes insurance services available in most of Eurobank EFG branches
Eurobank EFG Group is a European banking organization with total assets of €84.5bn (1H09). The Group employs more
than 23,000 people and offers its products and services both through its network of over 1,600 branches and points of sale,
and through alternative distribution channels.
Eurobank EFG Group has an established presence in