Euromoney: Kathrein Privatbank Takes Top Spot in Seven Award Categories

"Private Banking Survey 2014" of international business and finance magazine evaluates best customer service and profitability

Kathrein Privatbank was named best Austrian private bank in this year's "Private Banking Survey 2014" of the renowned international business and finance magazine Euromoney (www.euromoney.com) in the following categories:
  • Best private banking services overall in Austria
  • Privacy and security
  • Super affluent clients (investments between USD 500,000 and USD 1 million)
  • High net worth I clients (investments between USD 1 million and USD 10 million)
  • Family Office Services
  • Bespoke wealth planning
  • Inheritance and succession planning
"These awards underscore the superior capabilities and professionalism of Kathrein Privatbank in all aspects of investment consulting and wealth management. In line with our motto 'Growing wealth responsibly' our priority is a holistic approach to investment consulting for our clients. An important ingredient of our relationship with our clients is trust and the fact that we do not take a "one-size-fits-all" approach to creating solutions for our clients, but rather engage in face-to-face discussions to ascertain what best fits their preferences and needs," states Susanne H?llinger, CEO of Kathrein Privatbank.
Guide for clients
For Euromoney rankings, providers of private banking services worldwide, including banks and other financial service companies, are surveyed. The result is a qualitative overview of the best in service and profitability among the banks included in the evaluation, which serves as a guide for wealthy private clients to choose the right private bank. The "Private Banking Survey," a quality scoring of European private banks, has been conducted annually since 2004. It analyzes the customer service quality in multiple service segments and creates a separate detailed ranking for each country. For objective results, Euromoney came up with a unique idea. Private banks and investment consultants are asked to name their leading competitors in the respective categories. The winner of a category is the institution which received the most mentions in that particular area of service.
As a consequence of the financial crisis the need for investment advice in private banking has increased significantly. "In difficult times we want to attend to our clients' need for advice and security more than ever and let them benefit from our strengths, which are integrity and sustainability, security through our parent company, Raiffeisenbanken-Gruppe, as well as predictability, due to a scientific approach to asset management based on a quantitative investment style," states Dr. H?llinger.
Leading Private Bank
Kathrein Privatbank is one of the leading private banks in Austria. Its expertise lies in the management of assets primarily of affluent private clients, companies and their families and foundations. In addition to asset allocation and management based on the quantitative investment style, Kathrein Privatbank has established itself as specialist in all aspects of asset management for Austrian private foundations.
Please send any inquiries to:
Ms. Anita Ilic
Kathrein Privatbank Aktiengesellschaft
Wipplingerstrasse 25, 1010 Vienna
Phone: 01/ 53451-269
anita.ilic@kathrein.at
www.kathrein.at