1 / 10

THE ROLE OF THE BANKS AS CATALYSATOR IN TRADING 25/12/2008 Credit Group, Vice President

THE ROLE OF THE BANKS AS CATALYSATOR IN TRADING 25/12/2008 Credit Group, Vice President Fedon Hatzakis. Fedon Hatzakis. Born in Istanbul Bosporous Un iversity Civil Engineering Boston University Masters in Management Studied and worked in Belgium, Germany and Greece

newman
Download Presentation

THE ROLE OF THE BANKS AS CATALYSATOR IN TRADING 25/12/2008 Credit Group, Vice President

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THE ROLE OF THE BANKS AS CATALYSATOR IN TRADING 25/12/2008 Credit Group, Vice President Fedon Hatzakis

  2. Fedon Hatzakis • Born in Istanbul • Bosporous University Civil Engineering • Boston University Masters in Management • Studied and worked in Belgium, Germany and Greece • Worked mainly in international banks such as ABN AMRO, Deutsche Bank, BNP, • Currently heading the Credit Sector of EFG Group in Turkey

  3. = (+) Eurobank Tekfen : • Member of EFG Eurobank Group • 40 branches, 600 personnel • Focuses on corporate banking • Targets to improve the branch network and be more active in retail segment EFG Istanbul Securities : • One of the biggest player in institutional brokerage • An important player in mergers & acquisitions

  4. EFG GROUP Third largest banking holding company in Switzerland Majority owner of Eurobank EFG in Greece (Second largest bank) An important regional player 9,000 employees, 900 Branches in Greece 14,000 employees, 1500 Branches outside Greece Ranks between the first 5 biggest banks in Bulgaria-Romania and Serbia Emerging in Ukraine, Poland and Turkey

  5. What is the role of banks in cross border trading? Catalysator Bank =

  6. (√) (√) Eurobank Tekfen EFG Eurobank Bank as a Catalysator in Trade / Trust When two trading partners enter a new trade relationship they usually do not trust each other. They use different banking instruments like LCs, LGs or avalized B/Ls. Turkish Merchant The banks use their correspondent bank network to finalize the trade Greek Merchant Both trading partners have their own banks which they trust

  7. Bank as a Catalysator in Trade / Intelligence Market Intelligence Banks can give market intelligence to the businessman using their subsidiaries in different countries. Businessman are usually reluctant to enter new markets

  8. Bank as a Catalysator in Trade / Legal Issues The multi national bank groups have detailed knowledge about the issues in different countries and they can consult/help their customers to defend their rights at difficult times. Businessman do not know about the legal issues of all the markets they are operating

  9. Bank as a Catalysator in Trade / Trade Representatives • Banks can even work in some cases as • unofficial trade representatives. • They can help their customers to find; • a partner in a specific field • a supplier • a real estate agency • a private equity fund • in another country.

  10. Questions ?

More Related