Euromoney has awarded Nordea as the best provider of private banking services in the Nordic region and the Baltics for the eighth year in a row.
Upon learning the news, Head of Nordea International Private Banking in Singapore Kim Osborg Nielsen reveals.
“We are honoured to be part of the best private bank in the Nordics,” Kim Osborg Nielsen says.
“The award from Euromoney offers us great visibility and brings international recognition for our services. From Singapore, throughout our strategic markets in Asia, we want to offer the best solutions to wealthy Nordic citizens. The award reconfirms our commitments and achievements in terms of developing and delivering private banking services to the highest standards for our clients who are internationally-based.’’
Nordea Private Banking ranks among the top 20 Private Banks in Europe. It is the largest in the Nordic region with EUR 90 billion in assets under management and about 115,000 customers who are served by 900 private bankers located at 80 branches.
In December 2015, Nordea was also named “The Bank of the Year in Western Europe” by “The Banker’’ magazine. This is the most prestigious banking award in the world – conferred by ‘‘The Financial Times’’ – and the winner is selected among 500 participants, based on an evaluation of a number of financial and business-related factors in its country or region. To date, Nordea Bank has received the award twice, in 2012 and 2015.
From Nordea’s International Private Banking branch in Singapore, senior private bankers with strong market knowledge and structuring capabilities serve the growing community of Nordic individuals in Asia, assisting clients in several countries in the region.
About the Euromoney Award
The award from the international financial magazine Euromoney is based on industry peer assessments and votes from senior private banking and wealth management staff.
About Nordea International Private Banking
Founded in 1976, Nordea’s International Private Banking is centred in Luxembourg, with branch offices in Switzerland and Singapore. 345 multilingual employees are serving wealthy international clients, mainly with a Nordic background. Nordea International Private Banking offers services such as wealth planning, investment advice and portfolio management.
About Nordea Group
The Nordea Group has a very strong capital base, benefits from an excellent credit rating (AA-) and is the leading financial services provider in the Nordic area. Nordea is among the ten largest universal banks in Europe in terms of total market capitalisation. The Group has 11 million clients and 30.000 employees.