OREANDA-NEWS. February 12, 2013. Euromoney, the prestigious global finance magazine, has recognized the services of Swedbank Private Banking as the best on Latvian market for a second consecutive year, reported the press-centre of Swedbank.  

Separate awards have also been given in recognition of the range of investment products and wealth management of particularly affluent customers (net-worth-specific services).

Irina Pigozne, Head of Private Banking and Board Member at Swedbank Latvia: “The award from Euromoney is an appreciation of not only our great staff at Private Banking and our high-quality products. More than that, it is appraisal of relationships. Private Banking is valuable only as long-term partnership between the customer and the bank.This international recognition means that our way of thinking and how we build relationships with customers is not only a manifestation of a theoretical philosophy but a result of professional and caring cooperation.”

Euromoney is one of the world’s financial media leaders that regularly conducts in-depth studies about banking industry, including the annual Euromoney Private Banking Survey.

In determining the best services, Euromoney studies take account of a number of factors, such as the volume of and growth in the assets under management, the number of customers, etc. In addition to that, the opinion of industry professionals, who evaluate service providers, is taken into consideration.