The survey was distributed to high-net-worth individuals who have funds under management with private banks across Asia-Pacific. We received 2,723 valid responses, with the votes being divided into three categories: HNWIs with $1m-$5m in assets under management, those with $5.01m-$25m, and ultra-high net worth individuals with over $25m in assets.
EFG Bank is voted top in the first two categories for the third year running, while UBS enjoys the most support from Asia-Pacific’s wealthiest poll respondents for the second year in a row.
| AUM with Private Banks |
Best Global Private Bank in Asia |
| US$1-5 million |
EFG Bank |
| US$5.01-25 million |
EFG Bank |
| >US$25 million |
UBS Wealth Management |
EFG Bank dominates in Hong Kong and in Singapore, while CIMB Private Banking and RCBC preserve their top ranks in Malaysia and Philippines respectively. IIFL Private Wealth demonstrates they are a force to be reckoned with in India by topping the Over US$25 million category. In Taiwan CTBC takes the honours for across two categories, Fubon displaces USB to top the wealthiest category.
| Overall Best Private Bank, by Market |
|||
| (AUM with Private Banks) |
US$1-5 million |
US$5.01-25 million |
>US$25 million |
| Hong Kong |
EFG Bank |
EFG Bank |
UBS Wealth Management |
| India |
Ambit Capital |
Ambit Capital |
IIFL Private Wealth |
| Malaysia |
CIMB Private Banking |
CIMB Private Banking |
N.A. |
| Singapore |
EFG Bank |
EFG Bank |
EFG Bank |
| Taiwan |
CTBC |
CTBC |
Fubon Financial |
| The Philippines |
RCBC Wealth Management |
RCBC Wealth Management |
N.A. |
Extended results and rankings will be featured in June online at www.globalcapital.com/asia and in the Asiamoney report that will be published in late June.
For inquiries please contact Anthony Chan head of research, on (852) 2912 8077 or anthony.chan@asiamoney.com or Harris Fan deputy research manager, on (852) 2912 8037 or harris.fan@asiamoney.com