EFG International comments on performance and on the successful IPO of EFG Financial Products
18 October 2012
Zurich, 18 October 2012 – EFG International’s stake in EFG Financial Products has reduced from circa 58% to circa 25% as part of the successful IPO of EFG Financial Products. As a result, EFG International’s pro-forma total BIS capital ratio will improve to approximately 17%. The process of resetting EFG International is now complete, and performance during the third quarter of 2012 was broadly in line with that seen during the first half of the year.