Best boutique private bank 2017
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AwardsChina Private Banking Awards

Best boutique private bank 2017

China Citic Bank Private Banking

China Citic Bank is far from being the mainland’s largest lender, but what it does – specifically, providing elite financial advice to high net-worth clients in China and beyond – it does very well.

Owned by Citic Group, one of the country’s oldest and best-run investment firms, China Citic Bank now boasts 34 branches stretching from Shanghai to Hong Kong, and Singapore to New York. Customers are granted unrestricted access to its private banking centres, as well as premium lounge facilities at a number of leading global airports, complimentary limousine services, and higher cash rebates on purchases. Everything, in short, that the modern high-earning global jetsetter would expect.

But it is the core private banking services that really stand out. China Citic Bank hosts regular seminars and events, built around keynote speeches from prestigious economic, cultural and philosophical thinkers. It works hard to assemble investment portfolios that suit each of its clients, tapping into yield-enhanced products, leveraging idle assets and servicing clients wherever they are in the world.

Last but not least, China Citic Bank provides elite trust and tax planning advisory services to ensure that client wealth is passed securely and profitably from one generation to the next.