This milestone adds to a series of awards that highlight the entity's leadership in various markets, including Argentina, Brazil, Mexico, Poland, Peru and Uruguay, where she has also been recognized as the Best International Private Bank.
The prestigious recognition awarded by Euromoney underlines the excellence of Santander Private Banking in providing personalized, high-quality financial services to high-net-worth clients in Latin America and at a global level. The financial publication, renowned for its rigor and objectivity, has highlighted the bank's ability to combine a solid global platform with a deep understanding of local markets.
In addition to the main recognition, Santander Private Banking has received important awards in specific categories, such as the Best Private Bank for Very High Net Worth (UHNW) in Chile, Colombia, Mexico and PortugalThese awards reflect the bank's ability to adapt to the needs of its most demanding clients and offer tailored investment and wealth management solutions.
The financial publication also considers it to be the Best International Private Bank in Argentina, Brazil, Mexico, Poland, Peru, and Uruguay.
Santander Private Banking's consolidation as a leader in the sector is also evident in its financial performance. At the end of December 2024, the bank's assets under management reached a record of nearly €500.000 billion, representing a 13% increase year-over-year. This growth has been driven by solid increases in revenue and profit, demonstrating the effectiveness of the bank's strategy.
"These industry awards are well-deserved recognition for our teams around the world and support our strategy based on customer focus, innovation, and our commitment to attracting and retaining top talent," he said. Alfonso Castillo, global head of Santander Private Banking.
Euromoney's 20-year track record of evaluating best practices in private banking and wealth management globally lends great value to these awards. The widespread recognition received by Santander Private Banking in Latin America and Europe It demonstrates the effectiveness of its business model, which combines a global platform with deep knowledge of local markets.
Santander Private Banking offers its clients personalized service through a group of specialized private bankers in the following locations: Spain, Portugal, Poland, Switzerland, the United Kingdom, the United States, Brazil, Chile, Mexico, Argentina, Uruguay, and the Middle East.
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