The Group's principal activity is to provide financial products and services. The Group operates in five business segments: Retail Banking, Corporate Banking, Insurance and asset management activities, Investment banking and Treasury and Other. Retail Banking includes all services and products offered to individuals, professionals and small and medium size entities. Corporate Banking refers to services offered to corporations and shipping companies. Insurance and asset management services refer to portfolio management for clients of Asset Management AEDAK and insurance products offered by the insurance companies of the Group. Investment banking and Treasury include financial services, consulting and transaction services on capital exchange issues. Other includes all non-financial or insurance activities and back office functions of the Bank. The Group operates in Europe. The Group sold ELVIO SA, EMPORIKI RENT and PHOENIX METROLIFE EMPORIKI in 2007.
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