Eurobanco Bank Ltd. is a provider of banking solutions, specialized in the wholesale corporate business, focused on medium and large companies.
Its efforts are focused on offering exclusive and differential services that the clients cannot receive in other financial institutions in the market.
Its business model, wholesale bank, by definition, has the strength of an organization which is more flexible than larger institutions in the face of changing scenarios, with low fixed costs and more flexibility for changes.
What sets us apart
Financing & Banking
Eurobanco’s services include a diverse set of deposit and lending products in order to meet its clients’ needs.
Investment Solutions
Eurobanco’s investment products and solutions cover all asset classes and investment vehicles, from the traditional to the more sophisticated.
International Securities
Eurobanco acts as a custodian and broker-dealer to private and institutional clients, taking advantage of its network of international correspondents and prime brokers.
Fiduciary Operations
Eurobanco provides a broad range of efficient and reliable corporate, fiduciary and administration services; and, besides, offers comprehensive trust administration solutions.
About Us
Our Business
Since 1992, Eurobanco operates as a limited liability company under the laws of the Commonwealth of The Bahamas. Its main office is based in Nassau, The Bahamas.
The goals of the Bank are unrestricted and include banking business and all kinds of financial investments; also, commercial, trading and other transactions.
Eurobanco Bank Ltd. operations mainly comprise cash management, custody services, execution of customers trading orders in publicly offered corporate and sovereign debt securities, financing transactions, and investments with its own capital in low-risk financial assets with quotation in international markets.
The license to carry on banking and trust business was obtained on May 25, 1992. Besides, Eurobanco Bank Ltd. is registered on the Security Commission of The Bahamas (according to Section 22 of the Security Industry Act, 1999) as Broker Dealer Class II to develop managing securities.
Our Group
Eurobanco Bank Ltd. is part of CMF Group. The Bank is controlled by Banco CMF S.A., a bank incorporated under the Argentine law. Banco CMF S.A. owns 99% of the share capital of Eurobanco Bank Ltd since November of 1997.
Eurobanco Bank Ltd. owns 100% of Lemitel S.A., which exclusively provides BackOffice, Electronic Data processing, and Administration services. Lemitel S.A. is under the supervision of the Central Bank of the Republic of Uruguay.
Our Values
Eurobanco Bank Ltd. promotes a culture based on proactivity, regulatory compliance and an effective operational response.
Its core values are:
• Focus on client’s needs
• Flexibility
• Integrity
• Reliability
• Discipline
Governance
Eurobanco Bank Ltd.’s Board of Directors is fully aware of the importance for Financial Institutions of adopting principles of Corporate Governance in order to guide the behavior of its corporate bodies in the best interest of the Bank, its shareholders, depositors, customers, employees and public.
The Board of Eurobanco Bank Ltd., as part of CMF Group, has adopted and implemented the values and principles of Corporate Governance of its Controlling Company since November 20, 2012.
Eurobanco Bank Ltd. is aware that good Corporate Governance practices must be driven from the highest level of the organization, flowing to its lowest hierarchical level.
Every year, the Board of Directors of Eurobanco Bank Ltd. issues a “Corporate Governance Certification”, in which evaluates the level of the implementation and compliance with the Corporate Governance principles in the Bank, and in particular, its function as Government, regarding the implementation and compliance of the mentioned principles and the Risk Management Policy.
Minimum Disclosure
According to Basel framework, Eurobanco discloses a set of reports which allow market participants to assess key information pieces on the scope of application, capital, risk exposures, risk assessment processes, and the capital adequacy of the institution.