Introduction to Private Banking

Established in April 2011, with its headquarter in Shanghai, IB's Private Banking Division secured approval from the China Banking and Insurance Regulatory Commission in 2021 to establish and operate as an exclusive private banking institution. This accolade positioned IB as the first joint-stock bank in China in nearly a decade to hold an exclusive license for private banking. With a vision to be the "Premier Wealth Management Bank for Chinese Entrepreneurs," IB Private Banking leverages the comprehensive financial platform of the IB Group. Centered around its clientele, the bank is committed to crafting a bespoke, warm “Boutique Private Banking” experience. Through tailored financial solutions encompassing "Investment Research Consultancy + Asset Allocation," it paves a robust and long-term?path of wealth for the sustainable development of individual wealth, businesses, natural ecology, socio-economic progress, and cultural prosperity.

In 2019, building on its family trust services, IB optimized its private banking product and service system, launching the "IB Legacy Elite" family wealth management brand. This move also included the successful registration of the brand's word mark, setting a precedent in the domestic banking sector for registering the word mark of family wealth management services. Under this umbrella, the bank unified its family office-related operations and its inaugural platinum credit card under the "IB Legacy Elite" moniker.

IB Private Banking's offerings cater to both the "financial" and "non-financial" needs of high-net-worth customers. By leveraging its expertise in diversified asset allocation for wealth management, the Bank provides comprehensive, integrated, and personalized comprehensive financial service programmes for China's high-net-worth populations, primarily entrepreneurs from the level of “individual, family, and enterprise”. These programmes are designed to ensure the enduring legacy and perpetual growth of familial wealth. Additionally, the Bank curates high-quality domestic and international resources, offering elite services spanning health management, elite education, hassle-free travel, and quality living – elevating life's experiences.

As of the end of July 2023, IB Private Banking serves 66,800 clients, managing financial assets totaling 835 billion yuan. With over 50 private banking centers established nationwide, it offers its clientele exclusive and discreet services with unparalleled convenience.

Prestigious Honors:

From 2020 to 2023, IB has been consecutively honored by the Financial Times Group's Professional Wealth Management (PWM) magazine with awards including "Best Private Bank for Digital Marketing & Communication in Asia," "Best Digital Wealth Planning Private Bank (in Asia)," "Best Private Bank For Digital Customer Service In Asia," and "Best CRM For Private Banking In China."

In 2022, IB was lauded with the "Best National Joint-Stock Bank Award" of “China’s Private Banking Awards” by Asia Money under the umbrella of Euromoney Institutional Investor PLC. Further accolades include "Best Private Bank for Entrepreneurs" by CBNDaily and the "The Gamma Award: Annual Elite Private Banking" by Securities Times.

For two successive years, 2019 and 2020, the Financial Times Group's The Banker and Professional Wealth Management (PWM) magazines distinguished IB as the "Best Performing Private Bank."