Santander Private Banking Takes Home Multiple Awards at 2022 Euromoney Awards

Santander Private Banking Takes Home Multiple Awards at 2022 Euromoney Awards

(IN BRIEF) Santander Private Banking has been named the Best Private Bank in Latin America by Euromoney, which also recognized the bank in several other award categories including Best Bank for Family Office Services and for Wealth Transfer/Succession Planning. The bank has been acknowledged for its work in multiple geographies, including Mexico, Argentina, Brazil, Peru, Uruguay, Poland, and Portugal. Santander Private Banking offers bespoke services with specialized private bankers across several countries, and as of December 2022, had €259 billion in client assets and liabilities worldwide. The bank has grown clients by 8% and net profit by 40% to €690 million.

(PRESS RELEASE) MADRID, 31-MAR-2023 — /EuropaWire/ —Santander Private Banking’s leadership in Latin America has been recognised by the prestigious Euromoney awards. The financial magazine awarded Santander the Best Private Bank in the region and the best international private bank in Mexico, Argentina, Brazil, Peru and Uruguay.

In Europe, Euromoney also named Santander Private Banking the Best International Private Bank in Poland and Portugal, and the best firm for ultra-high-net-worth individuals in Spain.

The breadth and distribution of these awards across Latin America & Europe demonstrates the value of the Santander Private Banking network combined with our local market expertise.

Santander Private Banking has been named the Best Private Bank in Latin America by Euromoney. Santander leads in several award categories, which are some of the most prestigious accolades in banking. The financial magazine also named Santander as Latin America’s Best Bank for Family Office Services and for Wealth Transfer/Succession Planning.

Santander has also been recognised for its teams’ work in several geographies including the awards of Best International Private Bank in Mexico, Argentina, Brazil, Peru, Uruguay, Poland, and Portugal; Best Private Bank for Ultra-High-Net-Worth Individuals in Spain and Colombia; Best Private Bank for Wealth Transfer/Succession Planning in Brazil; Best Private Bank for ESG in Chile; and Best Digital Private Bank in Mexico.

Alfonso Castillo, global head of Santander Private Banking, said: “Euromoney’s awards recognise the excellence and expertise of the entire Santander Private Banking team. Santander Private Banking has continued to serve its clients, thanks to its global platform, local presence, best talent and smart value proposition. We’re thrilled with this excellent news and grateful for the trust.”

Víctor Matarranz, global head of Wealth Management & Insurance said: “This is the confirmation of the success of our strategy as leading Private Bank when it comes to join Latin America with Europe and the US”.

For 20 years, Euromoney has followed global best practice in private banking and wealth management. For this edition of the Private Banking and Wealth Management Awards, its jury reviewed client offering, innovation and product proposition to reward things like competitive first movers, impact and commercial success.

Santander Private Banking offers clients bespoke service with specialized private bankers in Spain, Portugal, Poland, Switzerland, the UK, the US, Brazil, Chile, Mexico, Argentina and Uruguay. As of December 2022, it had €259 billion in client assets and liabilities (CAL) worldwide. It had grown clients by 8% and net profit by 40% to €690 million.

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SOURCE: Santander