Updated Thursday, March 21, 2024-2:14 p.m.

The CaixaBank group shines in the latest edition of the Euromoney private banking awards that distinguish excellence and best practices in the sector at an international level. In addition to being crowned again as 'Best Private Banking Entity in Spain', CaixaBank Banca Privada has received three other awards: 'Best Private Banking Entity for UHNW in Spain 2024' (large assets), 'Best Private Banking Entity in Discretionary Management of Portfolios in Spain 2024' and 'Best Private Banking Entity for

family office

services in Spain 2024'. On the other hand, its Portuguese subsidiary BPI has been chosen as 'Best Private Banking Entity in Portugal 2024'. The group is thus consolidating itself as the leading private bank in the Iberian Peninsula.

"This award is the endorsement of a value proposition adapted to each client thanks to the development of innovative models, such as Independent Advice and

multi-family office

. A private network banking model that ensures the best quality of customer service "comments Víctor Allende, director of Private Banking at CaixaBank.

Leader in portfolio management

CaixaBank Private Banking is a leader in discretionary portfolio management, with 27,693 million euros managed at the end of 2023 (12.2% more than the previous year), a market share close to 40% and constant innovation. It has solutions such as Smart Rentas, which allows you to manage funds in a delegated manner; the SUV Portfolios (Single Selection of Securities), pioneers in Spain by allowing direct investment in shares; or the Master Fixed Income Portfolio, launched in 2023.

In the area of ​​independent advice for large assets, also recognized by the prestigious Euromoney

Global Private Banking

Awards , CaixaBank has services such as

CaixaBank Wealth

and

Independent Advisory,

for different profiles with assets of one million euros or more. It managed together nearly 37,000 million euros at the end of last year.

Finally, CaixaBank has OpenWealth, a global consulting service aimed at clients with assets greater than 50 million euros. With OpenWealth, CaixaBank became the first bank in Spain to offer its UHNM clients a

multi-family office

service regardless of where they have their assets deposited. At the end of 2023, OpenWealth managed the assets of 26 clients for a total of more than €5 billion.

Wide experience

CaixaBank's Private Banking model is made up of a team of 1,096 accredited specialized professionals, with an average experience of 15 years, and with 75 exclusive Private Banking centers and 11

Wealth

centers that allow it to ensure that clients always receive close treatment. . At the end of 2023, the division had 136,183 million euros in managed resources and values, which represents an increase of more than 16.7% compared to 2022.

Made by UE Studio

This text has been developed by UE Studio, a creative branded content and content marketing firm of Unidad Editorial, for CAIXABANK