Global Private Banking Awards 2018: Berenberg is “Best Private Bank in Germany” for the eighth time in a row. For 18 years Berenberg is firmly established in the sport of polo and present at numerous tournaments at home and abroad. This makes the private bank one of the longest-term partners of the sport of polo in Germany. This long-term thinking is no accident – consistency comes naturally to Germany’s oldest privat bank. Now Berenberg was named the Best Private Bank in Germany for the eighth time in a row.
Privatbank Berenberg has been named “Best Private Bank in Germany” at the Global Private Banking Awards. For the tenth time, the “Financial Times Group” with its specialist magazines “The Banker” and “Professional Wealth Management” presented this prestigious award. In the annual awards ceremony, Germany’s oldest private bank was the only bank in the world to receive an award for the eighth time in succession.
“We are proud to be able to build on the excellent ratings of previous years,” says Dr. Hans-Walter Peters, spokesman for the personally liable partners of Berenberg. “If a company has been in existence for 428 years, then one must always be open to change and actively tackle the challenges of the future. We have expanded our radius and consistently aligned our business model to the needs of our customers. In the future, too, we want to further expand our position as a provider of complex assets.”
Banks from over 60 countries were examined by the independent jury, which evaluated the corporate and growth strategy as well as customer relationship management. It also examined the extent to which the institutions are aligning their portfolio management, asset management and product strategy with the needs of their customers.
Founded in 1590, Berenberg is today one of Europe’s leading private banks, with approximately 1,600 employees in its Wealth and Asset Management, Investment Banking and Corporate Banking businesses. The Hamburg-based bank is managed by general partners and has a strong presence in the financial centres of Frankfurt, London and New York.