The magazines "Private Wealth Management" and "The Banker" in collaboration with the Financial Times Group have organized "The Global Private Banking Awards" for eight years.
Banking institutions of dozens of countries are screened by an international jury, composed of prestigious independent and renowned consulting agencies.
Growth strategy, increased profits, customer relationship management, adjustment of supply of services for high-end customers and responsiveness to changing investor needs are the main criteria used by the jury.
This year, the CMB has been designated as the Best Private Bank in Monaco.
The award was presented during the closing gala event in London on October 26.
