Saxo Bank Opens Athens Office in Response to Increasingly Sophisticated Greek Trading Market

ATHENS and COPENHAGEN -

- Saxo Bank, the Online Trading and Investment Specialist, Today Announces the Opening of its New Office in Athens

The opening of the Athens office is a strategic move by Saxo Bank to strengthen and expand its position as a leading provider of online investment solutions in one of the fastest growing markets in Europe. The move reflects both the increase in the number of Greek clients and the growth of the internet and related online trading services in the Southern European region.

The Athens office will be headed by Emmanouil Lemonakis, who has been with Saxo Bank since 2006 and has solid expertise in the Greek and South European market, who comments: “Saxo Bank’s relations with the Greek investment community began in 2000; however it is in the last four years that the Greek market has been increasing significantly, leading to the allocation of more resources to satisfy the needs of these clients and clients in Cyprus, whom the Athens office will serve as well. The new office will enable us to work more closely with our clients in the region and support them in the best possible way. “

Lemonakis adds: “Greece is one of Saxo Bank’s ten most important countries when it comes to revenue, with Greek investors being very active, sophisticated and looking for new opportunities. Always striving to offer the highest quality level in our services and products, we are now able to compliment our Greek customers’ mobile lifestyle with newly launched Saxo Bank products, like SaxoMobileTrader and SaxoMobileTrader for iPhonetm and BlackBerrytm, enabling them to remain engaged with trades on the go anytime, anywhere.”

Saxo Bank’s co-founders and CEOs, Kim Fournais and Lars Seier Christensen, comment in a joint statement: “Saxo Bank’s real advantage is the fact that we combine technology with human interaction. This is why we have continued to widen our geographical footprint. The new office in Greece has all the ingredients we value to be of the utmost importance in all the countries we operate: the right team, the importance of the location to the financial community and high demand and interest from clients in the area. The Athens office, based on the model we implement in all our new offices, is relatively small, allowing for greater flexibility and personal relations.”

Besides Greece, Saxo Bank has opened offices in Milan, Prague and Dubai in 2009, whereas just last week, a new office was opened in Amsterdam.

Source: Saxobank

Media enquiries: Kasper Elbjorn, Saxo Bank, Head of Group Public Relations, +45-3065-4300, press at saxobank.com