EFG International entered Danish market in January 2010 by establishing EFG Bank AB (Denmark). EFG Bank AB (Denmark) was offering asset management solutions to Danish clients, both private and institutional. In January 2021, EFG International sold EFG Bank AB (Denmark) to SEB Wealth Management.
Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in EFG Bank AB.
EFG Bank AB participates in the deposit guarantee scheme of Sweden which applies to deposits in all types of accounts made by private individuals, legal entities and covers up to up to 950,000 SEK per bank per depositor. EFG Bank AB is a member of Swedish National Debt Office (SNDO) and makes its contributions into it.
EFG Bank AB operated as a branch of EFG Bank AB (publ) (Sweden).
EFG Bank AB was located in København K.
EFG Bank AB was authorized and supervised by the Danish Financial Supervisory Authority.