Discover the key pillars of KBL European Private Bankers' private banking strategy : - focus on private banking, - local private banks with strong brands, - client-centric approach, - operationnal and IT Hub. ©KBL European Private Bankers

1. USEFUL ADDRESSES
KBL EUROPEAN PRIVATE BANKERS SA
HEAD OFFICE INVESTMENT FUNDS AND
43, boulevard Royal L-2955 Luxembourg OTHER INSTITUTIONAL CLIENTS
T +(352) 4797 1 GLOBAL INVESTOR SERVICES
www.kbl.lu T +(352) 4797 2316
info.gis@kbl-bank.com
PRIVATE CLIENTS
T +(352) 4797 2272 FINANCIAL INSTITUTIONS
F +(352) 4797 73914 GLOBAL FINANCIAL MARKETS
info@kbl-bank.com T +(352) 4797 3869
financial.institutions@kbl-bank.com
KBL EUROPEAN PRIVATE BANKERS SUBSIDIARIES
UNITED KINGDOM SWITZERLAND LUXEMBOURG
BROWN, SHIPLEY & CO. LTD KBL SWISS PRIVATE BANKING LTD BANQUE PUILAETCO DEWAAY
Founders Court, Lothbury 7, boulevard Georges-Favon LUXEMBOURG SA
London EC2R 7HE CH-1211 Genève 11 2, boulevard E. Servais
T +(44) 207 606 9833 T +(41) 58 316 60 00 L-2535 Luxembourg
F +(44) 207 606 6657 F +(41) 58 316 64 44 T +(352) 47 30 251
WORLD FINANCE
www.brownshipley.com www.kblswissprivatebanking.com F +(352) 47 15 70
BEST
P R I VAT E
FRANC E GERMANY VITIS LIFE SA
2, boulevard E. Servais BANK
KBL RICHELIEU BANQUE PRIVEE SA MERCK FINCK & CO, PRIVATBANKIERS LUXEMBOURG
22, boulevard Malesherbes
F-75008 Paris
Pacellistrasse 16
D-80333 München
L-2535 Luxembourg
T +(352) 26 20 46 300 2010
F +(352) 26 20 46 399
T +(33) 1 42 89 00 00 T +(49) 89 21 04 16 52
www.vitislife.com
F +(33) 1 42 89 62 29 F +(49) 89 21 04 11 19
www.kblrichelieu.com www.merckfinck.de WORLD FINANCE
THE NETHERLANDS
MONACO BELGIUM THEODOOR GILISSEN BANKIERS NV
BEST
P R I VAT E
KBL MONACO PRIVATE BANKERS SA PUILAETCO DEWAAY
Keizergracht 617 BANK
1017 DS Amsterdam LUXEMBOURG
8, avenue de Grande-Bretagne
MC-98005 Monaco
PRIVATE BANKERS SA
Herrmann Debrouxlaan 46
T +(31) 20 527 60 00
F +(31) 20 527 60 60
2011
T +(377) 92 16 55 55 B-1160 Brussel
T +(32) 2 679 45 11 www.gilissen.nl
F +(377) 92 16 55 99
F +(32) 2 679 46 22
SPAIN www.puilaetcodewaay.be
KBL EUROPEAN PRIVATE BANKERS SA
SUCURSAL EN ESPANA
57, Calle Serrano
sexta planta
28006 Madrid
T +(34) 91 423 22 00
www.kblbank.es PROFILE

2. KBL EUROPEAN PRIVATE BANKERS KBL EUROPEAN PRIVATE BANKERS
FROM A LUXEMBOURG BANK… TO A FOCUSED PAN-EUROPEAN PRIVATE BANKER
WEALTH MANAGERS
As a Wealth Manager, KBL epb has a tailor-made approach to its clients:
K KEY PIL L AR S O F KBL EPB ’ S
BL European Private Bankers S.A. was engaged primarily in
P R I VAT E C U S T O M E R S From a basket of securities to a structured product or fund, KBL
corporate banking and financial markets as an independent PR IVATE BA N KIN G S TR ATEG Y
European Private Bankers makes it simple for institutional investors
S
company, listed on the Luxembourg stock exchange until 2005. upported by a network of “pure-play” private banks in Germany,
Focus on private banking: all subsidiaries focus exclusively to trade online and in real time.
on private banking Belgium, France, Luxembourg, Monaco, the Netherlands, the
From the 1980s onwards KBL epb strategy became focused on private Our sales, execution and trading desks help investors achieve higher
United Kingdom, Spain, Poland and Switzerland, KBL European Private
banking and a pan-European onshore presence was developed with a L
ocal private banks with strong brands: returns, develop new ideas or simply mitigate risk by providing them
Bankers offers solutions adapted to the needs of a large client base
focus on strong local brands in private banking. with investment ideas.
decentralized and entrepreneurial model with autonomy across Europe wishing to entrust the management of its wealth to a
in determining commercial strategy and asset KBL epb offers instant and direct access to all major equity, bond,
Organic growth and acquisitions have made us the only network well-known banker:
management; derivative, fund, bullion and money markets.
in Europe whose core business is private banking, with a tradition specialised in wealth management;
dating back 200 years. signature, history and reputation of each brand are key
capable of providing tailor-made solutions; ORGANISED AROUND AN ORIGINAL MODEL
elements of durability and success;
Next to private banking, KBL epb has increased its investor services
using open architecture which allows the integration of The originality and attractiveness of KBL epb lies in its organisation
multicultural network, with respect for local culture;
in leveraging the reputation of the Luxembourg financial centre as powerful tools from other financial players; and management model. On the one hand the entrepreneurial spirit
a platform for the fund and financial industry and in developing employer of choice: KBL epb model attractive to private
close to its clients and their culture; of local managers is favoured and each is allowed a great degree of
synergies with private banking. bankers.
latitude in commercial development.
nurturing a relationship where integrity, discretion and
Client-centric approach: focus on discretionary management On the other hand each entity can find solid support in the group,
A C O MMITTE D PARTNER user-friendliness are favoured.
and on paid advisory; focus on services; true open
thanks both to skill-sharing and to a range of services supplied by
In Europe, KBL epb’s private bankers are trusted investors and architecture.
INVESTMENT FUNDS KBL epb in Luxembourg via the Hub Service Centre.
trusted advisors to our clients, putting the client at the centre of
Operational and IT Hub centralized in Luxembourg in order Freed from a series of operational tasks, each entity can concentrate
From the Grand Duchy of Luxembourg, Europe’s No 1 and the world’s
our attention.
to increase efficiency and to reduce risks. The platform is fully on its business and its objective: to provide a higher quality
No 2 centre for the domiciliation of investment funds, KBL epb, as a
in charge of transaction execution, custody, management service to its clients within the framework of a mutually beneficial
complement to its core business of private banking, has also developed
of liquidity. KBL epb as parent company also has strong relationship and to provide privileged access to a wider range of
top-flight expertise in the creation, domiciliation and administration
central controlling units with a group-wide scope (Audit, products and services.
of undertakings for collective investment. Customers are served by a
compliance, risk management). This model promotes proximity to our clients as a core element of
dedicated entity, Global Investor Services (GIS).
the service provided to private, institutional or professional clients
FINANCIAL INSTITUTIONS respecting their culture and identities.
As a well established and recognised financial institution and a
O N G O I N G S E L E C T I V E E XPA NSI ON
pioneer in global financial markets in Luxembourg, our experts
Firmly rooted in Western Europe, KBL epb intends to continue its
provide institutional customers with access to all major markets
expansion in the markets where we are already present in Europe
and to our wide range of products and services, which is constantly
and along new paths in the Middle East, Asia and South America.
being adapted to their needs.
A DDED VA L UE K B L EPB K E Y C O N S O L I D AT E D F I G U R E S
A S AT 3 0 J U N E 2 0 1 2
Our greatest added value is our staff. It is our tradition
to focus on the needs of the client and we have been
ASSETS UNDER MANAGEMENT: EUR 44.468 BILLION
forging close and long lasting relationships for more
than 200 years. If you are looking for a bank offering
Core Tier One ratio - Basel II: 16.5%
a full range of products and services, outstanding
order execution and excellence in delivering Tier One ratio – Basel II: 16.5%
innovative solutions, then don’t hesitate Solvency ratio – Basel II: 21.3%
to contact us. Loan-to-Deposit ratio: 21.1%

3. KBL EUROPEAN PRIVATE BANKERS KBL EUROPEAN PRIVATE BANKERS
PRIVATE CUSTOMERS INSTITUTIONAL CUSTOMERS
W e stand out by the high quality of service we provide for our clients and for the long-term nature of our business
relationships. We are not content just to manage our clients’ assets. One of the vital roles of the private banker
consists in standing back from current events and seeing his client’s portfolio in both its totality and its duration.
INVESTMENT FUNDS AND
OTHER INSTITUTIONAL CLIENTS
any third party fund for almost every order: KBL epb has developed
a full service platform throughout the fund universe.
all kinds of money-market related instruments in all major currencies.
Our private bankers will not try to impose a particular strategy or F IN A N CIAL ES TATE PL AN N IN G
K BL epb has long standing experience in providing a broad range
of services to investment funds and other institutional clients,
based on our comprehensive know-how and well-established presence
competitive Repo and Securities lending services and sizeable
volumes in a large variety of securities.
product on you in the global approach to your wealth. Whether it’s bullion: we have a long track record in purchasing, valuing, storing
Each member of the group also offers you the possibility to receive a in Luxembourg. and selling precious metals.
managing your assets, structuring or passing on your wealth or
detailed analysis to assess your overall wealth and thus preserve it, We cover all aspects of establishing and running investment vehicles:
even optimising your tax situation, you will have the benefits of an
grow it and pass it on under the best conditions. KBL epb also provides related services such as:
open and independent service providing solutions – external ones if creation and follow-up (legal, regulatory) during the life of the structure
necessary – which will be thought out and structured around you. This commitment necessarily means a thorough wealth audit of your multilingual and highly experienced professional assistance C U S T O D I A N B A N K A ND
situation and your needs. tailored and accurate technical infrastructure to support the day-to- C E N T R A L A D M I N I S TRATI ON
To become your trusted advisor, that is our commitment:
This can lead, depending on the country and your situation, to advice day operations and subsequent reporting
always listening carefully KBL epb, with a large sub-custodian network, offers custodian bank
on tax and inheritance matters and the offer of more specific products market risk and compliance monitoring solutions
a personalised long-term relationship services tailored to the needs of a diversified client base such as
and services. custody (safekeeping of assets, settlement, compliance,...)
banks, insurance companies, pension funds and external managers.
clear and simple language The following subjects may also be addressed: global Markets sales
Multilingual account officers set up client accounts, implement
proactive management of the client’s assets and wealth too. principal paying agent and domiciliary agent service
the financial structure of your assets operational flows and handle day-to-day troubleshooting.
inheritance planning administrative (accounting, NAV calculation, reports), Registrar and
THIS IS WHY YOU WILL FIND THAT OUR VARIOUS PRIVATE Transfer agent (*)
certain family constraints A S S E T M A N A G E M E NT
BANKERS ARE EXPERIENCED IN:
the international aspect of your wealth (*) KBL epb sub-contracts those functions to European Fund
The KBL epb Institutional Asset Management team is your privileged
P O RT FOLIO MANAGEMENT the possible transfer of your company
Administration. EFA is a highly specialised joint-venture company
partner for explaining in detail how the full range of asset management
created more than 10 years ago. KBL epb is one of the three main
The portfolio management services offered by our group are value- the handling and managing of intellectual rights (industrial, literary shareholders. EFA currently administers over 2 500 sub-funds for over products and services provided by KBL epb can help you reach your
added services and give you tailor-made solutions and investment and artistic) 230 fund management companies, representing net assets exceeding return targets while taking into consideration the risks.
opportunities which will optimise the management and the risk of your EUR 84 billion.
THOROUGH WEALTH AUDIT
portfolio. The number of formulas and strategies available mean that consolidation, current structure,
they adapt perfectly to your particular objectives by integrating the
assets to be invested, transfer FINANCIAL INSTITUTIONS Custodian bank
Central administration Fund compliance
risk management
factors that define your investor profile in an optimal way. PROJECTS As a well established and recognised financial institution and a
FAMILY
personal assets, A global and SITUATION pioneer in global financial markets in Luxembourg, our experts Fund consulting
financial objectives
I N V ES TME NT AD VICE personalised provide access to:
creation Global approach
EXPECTATIONS
approach to your needs
Your account officer, an experienced private banker surrounded by many fast and secure execution and clearing services through state-of-
services, to your needs PROFESSIONNAL
SITUATION needs of your clients
other specialists – portfolio managers, analysts, legal and tax advisers – products the-art software and efficient multilingual back office capabilities.
will guide you through the vast range of products available on the market. TAX structured product solutions using a tailor-made approach, based Financial Markets
RISK
income, investment, on a wide range of underlying assets.
PROFILE Structured Money Markets,
Equities, fixed-rate instruments, derivatives or structured products, gift/inheritance
Asset Management Products Forex Bullion
instant and direct access to all major equity markets.
group investment funds and those of other fund promoters selected Organisation Fixed income
Fixed income,
Global equities
Repos
Securities lending
by our team of specialists, are offered to you on an objective basis There is no long-term relationship fixed income: KBL epb works with a major electronic trading investment process Equities Derivatives Third party funds
execution
platform on both primary and secondary Eurobond markets. It is Institutional Fund research
with the aim of continually optimising the risk/return trade-off for your without shared success, so welcome to a liquidity provider through OTC and on official stock exchanges.
portfolio management multi-management
investments in line with your wishes. a private banker where you really matter.

4. A MODEL UNIQUE ON THE EUROPEAN CONTINENT
Herrmann Debrouxlaan 46 Founders Court, Lothbury Keizergracht 617 Pacellistrasse 16
B-1160 Brussel London EC2R 7HE 1017 DS Amsterdam D-80333 München
www.puilaetcodewaay.be www.brownshipley.com www.gilissen.nl www.merckfinck.de
43, boulevard Royal
L - 2955 Luxembourg
www.kbl.lu
2, boulevard E. Servais
L -2535 Luxembourg
www.vitislife.com
22, boulevard Malesherbes 57, Calle Serrano 8, avenue de Grande-Bretagne 7, boulevard Georges Favon
F-75008 Paris E-28006 Madrid MC-98005 Monaco CH-1211 Genève 11
www.kblrichelieu.com www.kbl-bank.es www.kbs-bank.com