Recently, the Wealth APAC Forum cum 2016 International Private Wealth Management &China “Golden Award” Ceremony was held in Shanghai, and IB won “Best Private Bank in China-Outstanding Innovation Award”.
In this appraisal, the judges thought highly of IB’s a series of product innovations based on trusted asset management. IB introduced family trust business in early 2015, providing customized wealth planning schemes and helping clients achieve multiple purposes including wealth inheritance, avoidance of risks, and value preservation. It was well received by the market and it scale was in the forefront among that of shareholding banks. Furthermore, IB’s full authorization business launched at the end of 2015 got off to a good start and customized net value additional portfolio products were given a warm welcome by clients of private banks.
In recent years, IB’s private bank has worked to convert “product-driven” business mode to “consultancy-driven” business mode and return to essence of “consultancy”. While launching new financial products, it also enhances the ability of research, analysis and investment consultancy. It not only launched innovative products that are exclusive to private banks and cover the overall market, including wealth management, wealth inheritance, property trust, fund, and PE, but also continues to optimize high-end value-added service system and provide clients with professional and personalized consultancy service covering legal, tax, global real estate, business management and next-generation education. At the same time, through overseas platform, the bank assists clients in selecting high-quality overseas consultancies and consultants to satisfy clients’ needs of “going out” and diversified asset allocation, as well as non-financial needs including overseas immigration and studying abroad. At present, IB’s private bank has more than 20 thousand clients, and financial assets under comprehensive management have reached nearly RMB 300 billion.
“2016 International Private Wealth Management &China Awards”, an influential appraisal guided by China Banking Association and sponsored by Wealth, attracts enormous mainstream private banks and wealth management institutions. The result is produced by experts groups made up of world-famous consultancies including Boston Consulting Group and Bain & Company, and online public votes.