Malaysia's best private bank 2017: Credit Suisse
Asiamoney is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
AwardsBest Bank Awards

Malaysia's best private bank 2017: Credit Suisse

Credit Suisse

Credit Suisse reckons Malaysian wealth is generally ’under-appreciated’ by its peers, though the bank clearly believes it is the exception to that apparent maxim.

Indeed, it has proved adept at identifying Malaysia’s ultra-high net-worth individuals in the face of renewed local competition from Singapore’s DBS, which has been on an acquisition spree in the region, and from Deutsche Bank and UBS, its traditional foreign-owned competitors.

As regulators tighten rules and practices in the sector, in part a response to the 1MDB scandal, CS says it continues to grow its client base, who are lured by the bank’s healthy compound annual return of 10% since 2011. It has also been adding Shariah-compliant products to its services, as that segments continues to grow in KL.

Gift this article