BY UE STUDIO

Updated Friday,31March2023-13:59

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CaixaBank has once again been a leading Group in the private banking awards of Euromoney magazine, with 4 awards in 2023. Along with the highest national award, CaixaBank has also received the awards for 'Best Digital Private Banking Institution in Spain' and 'Best Private Banking Institution in Discretionary Portfolio Management in Spain'. In addition, the Portuguese Banco BPI, belonging to the CaixaBank Group, was chosen as 'Best Domestic Private Bank in Portugal 2023'. In this way, the CaixaBank Group consolidates itself as a benchmark private bank in the Iberian Peninsula.

Víctor Allende, Director of Private Banking and Thinking about the Future at CaixaBank, highlights the excellence of the private banking business model, recognized by these awards, which were presented in the city of London: "CaixaBank Private Banking's value proposition offers different service models to adapt to the needs and preferences of each client. with total transparency in costs, the best advice and an omnichannel service to accompany our customers at all times". And he adds: "In this way, we want to anticipate and position ourselves as a reference entity in the process of transformation of Private Banking in our country."

The award 'Best Private Banking Institution in Discretionary Portfolio Management in Spain 2023' recognises CaixaBank's leadership in this segment, in which the entity had 24,676 million euros at the end of 2022, 7.5% more than in 2021. In 2022, this service was reinforced with Smart Rentas, a delegated fund management service whose portfolio is managed according to the needs and personal circumstances of its clients. CaixaBank also has services such as CaixaBank Wealth, Independent Advisory and Open Wealth for clients with high net worth individuals.

For its part, the recognition of the 'Best Digital Private Banking Institution in Spain 2023' highlights CaixaBank Private Banking's commitment to continuous innovation in the use of new technologies to improve digital communication and customer relations.

CaixaBank's Private Banking model is made up of a team of more than 1,000 specialised professionals and has 73 specific centres distributed throughout the territory. At the end of 2022, the division managed a volume of assets of more than 116.600 billion euros.

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