Best private bank for international network 2018
Bank of China Private Banking
Bank of China opened private banking service centres at its Shanghai and Beijing branches in 2007. Operating in more than 40 countries and overseas regions, BoC has also built an extensive business network outside mainland China, which has enabled its private banking division to quickly expand its global footprint.
BoC’s private bank achieved another milestone in November 2017 when it opened a service centre in London, which allows the bank to better serve its private banking clients in Europe.
BoC has a longer history of operating overseas than most domestic banks; that has allowed it to form partnerships with a broad range of international banks, strengthening the bank’s ability to serve as a financial bridge between China and the rest of the world for its high net-worth clients.
Over the years, the bank has also collaborated with a slew of top-tier global professional service providers, including investment banks, insurance companies, trust firms, law firms, accountancies and advisory firms, to offer comprehensive as well as fully customized services for its private banking customers. Its general manager is Min Liu.