Global Finance magazine named BDO Private Bank one of the world’s best private banks for continuously providing the diverse investment and financial needs of high net-worth clients.
BDOPB is a wholly owned subsidiary of BDO Unibank the largest bank in the Philippines.
“With unprecedented wealth accruing to individuals worldwide, the number of millionaires and billionaires is growing in every region of the world,” Joseph Giarraputo, publisher and editorial director of Global Finance, said in a statement.
“Although often viewed as a monolithic group, in truth the wealthy have diverse needs—whether preserving inherited wealth or managing riches gained through entrepreneurship,” he said.
Giarraputo said the annual World’s Best Private Banks Awards help high net-worth investors choose wisely among the myriad private banks with different strengths in wealth advisory services, to identify the firms most likely to understand their individual needs and deliver on the highest level of client service.
Global Finance said it selected the winners making use of entry submissions, market research, input from industry analysts and executives and other users of private banking services.
The winners will officially be honored during the dinner ceremony for the second annual World’s Best Private Banks Awards to be held in New York on Feb. 7.
A full report on the selections will appear in the December issue of Global Finance.
