Our services, centered on asset management, are carefully developed to meet the special needs of each and every client, regardless of their profile: large private fortunes, high net worth individuals, private companies (big and small) and institutional funds. When it comes to balancing risk/return, one thing is certain, Safra has the expertise to adapt products to each client's specific profile or horizon.

We understand that when it comes to investing your capital no degree of caution or transparency can be considered excessive. This is precisely why the Bank strives to provide a comprehensive asset management package founded on market research, analysis and advisory and brokerage services. With expertise and proven experience in the US, Europe, Latin America and the Middle East, Safra is uniquely poised to understand the nuances of the world's most dynamic markets.

This translates into sound advice on various investment instruments: equities and depository receipts; eurobonds and sovereign debt issues; equities, bond and currency futures and options; precious metals and commodities; and forex transactions. As a complement, we offer global custody services, using Safra's international correspondent network to provide rapid and efficient settlement of all transactions, including collection of coupons.

Our account officers deliver the same highly personalized attention when handling the most basic needs of Safra's clients. Integrating investment and personal banking services, the Bank's individual account officers are at the client's disposal for a broad array of services.

For corporate clients, Safra Switzerland provides services geared towards fostering business expansion at home and in foreign markets.

This include: working capital loans, export/import financing, documentary credit, commercial guarantees, syndicated loans and origination and underwriting of securities.

With a keen a eye on the ever-expanding global marketplace, Bank Jacob Safra Switzerland proceeds into the new millennium prepared to face any challenges that may lie ahead. Remaining true to our conservative principles, as always the bank's analysis team will scrutinize new market niches, prospecting for solid opportunities as the world divides itself between the old and new economies. And we are certain that Bank Jacob Safra will thrive in this new millennium-alongside our valued clients-following the same philosophy that has brought us through nearly 200 years of banking.