Santander Private Banking has been recognized by Euromoney magazine as the World’s Best for International Latin American Clients and the Best International Private Bank in Latin America. The bank has been awarded for its leadership in multiple categories by the financial publication.
Euromoney praised Santander Private Banking as the Best International Private Bank in several countries including Argentina, Brazil, Mexico, Poland, Peru, and Uruguay. Moreover, the bank received the accolade for best Private Bank for Ultra High Net Worth individuals in Chile, Colombia, Mexico, and Portugal.
This marks the first time Santander Private Banking has been named the World’s Best for International Latin American Clients. Additionally, the bank has gained recognition for its services in discretionary portfolio management across Latin America, Colombia, Mexico, and Portugal, and for High Net Worth Individuals in various regions including Western Europe, Argentina, Brazil, and the United Kingdom.
Alfonso Casillo, global head of Santander Private Banking, commented on the awards: "For over 20 years, Euromoney has identified the best practices in private banking and wealth management globally. The scope of these awards in Latin America and Europe demonstrates the value of the combination of Santander Private Banking's global platform with local knowledge and presence in each of the markets in which it operates."
Santander Private Banking provides tailored services to clients through specialized private bankers located in several countries including Spain, Portugal, Poland, Switzerland, the United Kingdom, and the United States. By the end of December 2024, the bank achieved a record of nearly 500 billion euros in assets under management, marking a 13% increase from the previous year. This was also accompanied by a significant rise in profits due to increased revenues.