CaixaBank awarded ‘best private bank in Spain’

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CAIXABANK is the leading Spanish bank by market share and has been recognised by Euromoney as the best private banking entity in Spain in the Private Banking Survey 2017. 

CaixaBank’s recognition for the third year in a row comes as a result of a survey conducted by Euromoney between private banking entities, managers of high heritages and family offices around the world, who have identified the best private banking entities for the quality of their services and business model.

CaixaBank Private Banking has grown 18.10% in managed assets in the last three years and now serves 14.36% more customers than in 2014, from 50,085 customers in 2014 to 57,281 at the end of 2016.

In addition to the prize for the best private banking entity, CaixaBank, chaired by Jordi Gual and whose CEO is Gonzalo Gortázar, was recognised as the best entity in nine other categories, three more than in the 2016 edition.

Furthermore, following the EU’s regulatory guidelines, in terms of the number of clients advised (clients who have signed an advisory agreement and a suitability test) the bank has experienced a 22.57% increase in the last three years, from 41,921 clients advised in 2014 to 51,381 in 2016.

In terms of clients with high equity value, the bank has also experienced strong growth in the the last three years, from 646 customers in 2014 to 829 in 2016, an increase of 28.33%.

At present, customers belonging to this private banking segment accumulate a total of 8.922million€ in resources.

These figures confirm the reputable design of the bank’s model of personalised advice to the private banking client.

The achievement of the Euromoney award for the third consecutive year strengthens the bank’s presence in the private banking sector and endorses its management model inspired by the company’s values – quality, trust and social commitment.

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