SANTO DOMINGO– Banco Popular Dominicano announced that the financial magazines Euromoney and Global Finance recognized the work done by the Private Banking area of this financial organization as the best in the country, highlighting its ability to offer innovative products and services to its affluent clients with high purchasing power and a high level of sophistication.
The Euromoney Global Private Banking Awards represent one of the highest accolades for private bankers and wealth managers, recognized by the industry worldwide. This is the second time Banco Popular has been chosen by this publication as the best private bank in the country, according to a press release from the bank.
Meanwhile, Global Finance magazine has recognized the bank for the fourth time as the "Best Private Bank" in the country, highlighting its ability to offer solutions to a highly specialized, demanding market segment that is knowledgeable about economic and financial trends.
Both are important international distinctions recognizing Popular's work and institutional leadership in the private banking segment and the management of high net worth individuals, in a year in which the global financial industry has continued to overcome economic challenges, according to these publications.
These awards evaluate information from the banks themselves and the opinions of executives and industry experts globally, scoring categories such as high and ultra-high net worth management, family office services, wealth transfer and succession planning, digital services offered, discretionary portfolio management, and ESG (Environmental, Social and Governance) investment advice that this segment provides to its clients.
Hard work and commitment
Mr. Christopher Paniagua, CEO of Banco Popular, expressed his gratitude and pride in receiving these recognitions from prestigious magazines.
“They are a testament to the hard work and commitment of our entire team to provide first-class services to our most important clients and offer them a differentiated value proposition, on par with international best practices. We will continue to innovate and improve to meet our clients' expectations and maintain our leadership in the private banking sector,” he said.
