About Euler Hermes Emporiki

Euler Hermes Emporiki is the Greek affiliate of Euler Hermes Group, the worldwide leader in Credit Insurance. Today it is still the only Greek Company that operates exclusively in this line of business.

The company was founded in 1996 under the name Phoenix Credit Insurance SA, with the collaboration and the capital participation of Emporiki Bank of Greece Group, Euler Group and Hermes Group.

In 2002, Euler and Hermes merged, creating Euler Hermes, the largest Credit Insurance Group worldwide, with 34,9% global market share today and over 2 billion euros consolidated turnover.

In 2004, the strategic shareholder Euler Hermes increased its participation and now holds 60% of the capital shares, while at the same time assuming the administrative responsibility of the company. Simultaneously, the change of name from Phoenix Credit Insurance SA to Euler Hermes Emporiki was decided.

The central offices are situated in Athens, while for better service of its customers in Northern Greece, there are offices in Thessalonica as well. Together with its affiliated company, Euler Hermes Emporiki Services, 56 highly educated and experienced professionals are employed.

Today, the growth of synergies, but also the daily transfer of know - how and expertise, results in Euler Hermes Emporiki operating according to global standards; this guarantees that the quality of services will be improved continuously and that the receivables management needs of any enterprise will be covered completely.

Our Vision

The maintenance of a leading position in the Greek market of Credit Insurance and the continuous increase of our existing market share while ensuring at the same time a high standard of services for the Greek business community, constitute the vision of Company.

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