BNP Paribas has been named for a second year in a row as the “Outstanding Private Bank for Innovation of Products/Services” by a leading financial journal, Private Banker International, in its yearly Wealth Management Awards 2007. The accolade underlines the efforts and standards that BNP Paribas Private Bank has placed on creativity and uniqueness in terms of the financial solutions and services platform it offers to its high net-worth customers, to keep them stay ahead of the market.
Sebastien Mespoulet, Head of Investment Services for BNP Paribas Private Bank Asia said that, “We were thrilled to learn BNP Paribas would receive this award for the second year in a row; we truly appreciate the recognition of our capacity and aptitude to create and provide best-in-breed financial solutions. Many of our new product ideas are a direct result of the close relationship we have with our clients coupled with the technicity and innovation of BNP Paribas Private Bank. We hope we continue to meet our clients’ and the market’s expectations not only for innovation, but also for the high-quality service we provide.”
John Evans, Managing Editor of Private Banker International congratulates BNP Paribas on the achievement, he commented that “BNP Paribas was last year’s winner of this award, and is again a powerful entrant in this category. Financial Engineering is its very special talent, creating best-in-class financial solutions for client. This allows BNP Paribas Private Bank freely to deviate from theoretical benchmarks, thereby offering clients dynamic management of their assets. Indeed, the core BNP Paribas strategy is based on internationalization and innovation.”
The Private Banker International Wealth Awards have become the premier accolades for recognising institutions that are setting the pace for advisors and asset managers for high net-worth individuals. The criteria for the awards include institutions that have been identified to have the best strategy for growing their business, showing the most innovation in products/services and demonstrating superior client services based regionally or globally.