Rochester Group Gets Record 7.2 Bn EUR Traction With Its Latest Spin-Off

Rochester Group Gets Record 7.2 Bn EUR Traction in Spinning Its Banking,Insurance and International Trade Lines Into One Offering.

LONDON,May 28,2020 --The Rochester Group™(www.rochestergroup.eu) announces an unprecedented success and all-time-high for the group by spinning-off its banking,reinsurance & insurance business lines and providing a custom layer of finance trading tools to its high-value Corporate Clients and High Net Worth Individuals.

The newly formedRochester Private Capital™has had incredible traction and managed a record7.12billion GBP in equity.

This success was possible mainly due to the versatility ofThe Rochester Bank™(www.rochesterbank.eu),which was able to tailor its offerings to cater to the new realities of the global economy.

Two other essential components that have contributed immensely in the last quarters have beenRochester ReInsurance™(www.rochesterreinsurance.eu) andRochester Insurance™(www.rochesterinsurance.eu) which have given robustness and speed of resolution to the entire offering.

Mrs Anita May,President of the Strategic Planning GroupatRochester,declared success was possible,mainly due to the ability of the management team to analyse the market and provide full-service,bespoke solutions to its customers.

The group's private banking division has been able to considerably increase its customer base by providing active and passive credit lines to itsCorporate ClientsandHigh Net Worth Individualsat a speed that would not be possible with big banking institutions.

"Our historical core values and our long bet on customer-centric solutions have indeed paid off during this global lockdown as more and more clients either returned to us or referred us to new customers. This is obviously due to our flexibility and our quick resolution approach,which is hard,if not impossible,to be found with the big players,"said Mrs Agota Imola Miklos,member of the SPG and Regional for Central & Eastern Europe.

Amid the COVID-19 pandemic,many banking specialists and reputable institutions have all acknowledged the acceleration of already known trends likedigitalisation,brand specialisationand the importance ofpartnerships.

To that end,Rochester Grouphas revamped its online presence. It has invested considerable time and resources in providing its customers with a modern and comfortable-to-useOnline Banking Platformthat is available to all of its clients viaonline.rochesterbank.eu and whichsatisfies even the most stringent security and privacy needs of its clients.

"Our goal is to use the latest technologies like machine learning and distributed ledgers and to integrate that into one single end-user product that combines our bank,our insurance & reinsurance business units and our consulting layer. We are committed to this development in a marathon way but with short sprints that already bring considerable added value to our clients. We want that product to be as easy to use as your social media accounts. Our partnerships and our R&D initiatives are proof of that commitment and,as history has proven over and over again,being at the forefront of innovation and customer satisfaction has always been a good idea both in terms of ROI as well as individual gratification for our internal family here at Rochester," concluded Mrs AgotaImolaMiklos.

Boilerplate:

Rochester Group,through its subsidiariesRochester Private Capital Ltd.,Rochester Bank S.A.andRochester Reinsurance Plc.,offers a global,full-service/one-stop-shop environment foractive/passive credit lines,trade financeproducts,complexescrow solutions,insurance & reinsuranceof products and services across the board and will also be offeringasset managementcapabilities byEOY 2020.

PR/Media Contact:

Mrs AgotaImolaMiklos

Phone: +44 748 884 5642

Email: agota.imola.miklos@rochesterbank.eu

Related Images

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Rochester Group at Tower 42 in London

Rochester Group at Tower 42 in London

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Rochester Bank

Rochester Bank

Related Links

https://www.rochesterbank.eu/

https://www.rochestergroup.eu/