{"id":11331,"date":"2021-01-18T09:20:00","date_gmt":"2021-01-18T09:20:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/01\/18\/vp-bank-in-singapore-awarded-best-private-bank-in-asian-private-banker-awards-for-distinction-2020\/"},"modified":"2021-01-18T09:20:00","modified_gmt":"2021-01-18T09:20:00","slug":"vp-bank-in-singapore-awarded-best-private-bank-in-asian-private-banker-awards-for-distinction-2020","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/01\/18\/vp-bank-in-singapore-awarded-best-private-bank-in-asian-private-banker-awards-for-distinction-2020\/","title":{"rendered":"VP Bank in Singapore Awarded Best Private Bank in Asian Private Banker Awards for Distinction 2020"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\"> Media OutReach <\/a> &#8211; 18 January 2021 &#8211; <b>VP Bank Ltd Singapore<br \/>\nBranch has been awarded &#8216;Best Private Bank &#8212; Intermediary Services&#8217; in the Asian<br \/>\nPrivate Banker<i> <\/i>Awards for Distinction<br \/>\n2020. The win is testament to the bank&#8217;s long-standing expertise and commitment<br \/>\nto financial intermediaries across the Asia-Pacific region. <\/b><\/p>\n<p> \u00a0 <\/p>\n<p> As a valued partner for intermediaries, VP Bank&#8217;s  <sdt sdttag=\"goog_rdk_3\" id=\"1645465296\"\/><sdt sdttag=\"goog_rdk_4\" id=\"1484044831\"\/>unique<br \/>\nservices make up for more than half its business &#8211; unlike any other bank. These<br \/>\nservices come under the bank&#8217;s hybrid business model, where basic banking services,<br \/>\non behalf of end-customers, are designed to be as efficient, dependable and<br \/>\ncost-effective as possible. These services are further complemented by VP<br \/>\nBank&#8217;s fund solutions offerings and IT infrastructure, such as the VP Bank<br \/>\ne-banking<sup>PLUS<\/sup> platform.<\/p>\n<p> \u00a0 <\/p>\n<p><sdt sdttag=\"goog_rdk_5\" id=\"1612326675\"\/>&#8220;We are honoured to accept this award from the Asian Private<br \/>\nBanker, and I am thankful to our colleagues, clients and partners for their support<br \/>\nand trust that has helped us achieve this recognition. We are in a strong<br \/>\nposition to expand our network, and offer excellent services for external asset<br \/>\nmanagers, family offices and trustees,&#8221; said Thomas Jost, Head Intermediaries<br \/>\nat VP Bank Ltd Singapore Branch. \u00a0  <\/p>\n<p> \u00a0 <\/p>\n<p> &#8220;In Asia, VP<br \/>\nBank is well-placed to provide our clients with an integrated offering through<br \/>\nour Singapore wealth hub, drawing on our global expertise, ecosystem of<br \/>\npartners and long-standing experience in serving our Intermediaries and Private<br \/>\nBanking clients. &#8221; added Reto Marx, Head Intermediaries &amp; Private<br \/>\nBanking.  <\/p>\n<p> \u00a0 <\/p>\n<p> Bruno Morel, VP<br \/>\nBank&#8217;s Singapore Branch CEO, underscored the growing importance of the Bank&#8217;s<br \/>\nAsia business to be its partnership with Hywin Wealth Management Co Ltd.,<br \/>\noffering VP Bank the opportunity to build up business activities in the Chinese<br \/>\nmarket and advance VP Bank&#8217;s Asia strategy together with a highly professional<br \/>\nand reputable partner in China. In 2021, VP Bank will be intensifying the partnership<br \/>\nwith Hywin Wealth by continuously advancing business activities together in<br \/>\nthis attractive region. Most recently, VP Bank has also announced that it will<br \/>\nbe accelerating its digital transformation as an important milestone and key<br \/>\ncomponent of its Strategy 2026. <\/p>\n<p><b> \u00a0 <\/b><\/p>\n<p> Commenting on VP Bank&#8217;s win, editor of<br \/>\nAsian Private Banker, Sebastian Enberg who also chairs the judging panel for<br \/>\nthe Awards for Distinction said, &#8220;VP Bank&#8217;s patent commitment to Asia&#8217;s<br \/>\nindependent asset management community is well evidenced by its continued and<br \/>\nmeaningful investments in servicing, solutions, and digital capabilities, with<br \/>\nthe intent of supporting Independent Asset Managers and their clients beyond<br \/>\ntheir traditional banking needs. This dedication is laudable in an industry<br \/>\nwhere IAMs are not typically viewed as a core business priority, let alone<br \/>\npartners. And it&#8217;s yielding results. In 2020 &#8212; and amid challenging conditions<br \/>\n&#8212; VP Bank in Asia realised a marked increase in the quality of its IAM<br \/>\nrelationships, including in North Asia, healthy new asset inflows, and further<br \/>\nadded to its team of Intermediaries specialists, thereby distinguishing itself<br \/>\nin a highly competitive space.&#8221;  <\/p>\n<p><b> \u00a0 <\/b><\/p>\n<p>The<i> <\/i>Asian Private<br \/>\nBanker<i> <\/i>Awards for Distinction sets<br \/>\nthe benchmark for excellence in private wealth management in the region. The<br \/>\njudging panel includes members of Asian Private Banker&#8217;s editorial team. <\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/61600#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach &#8211; 18 January 2021 &#8211; VP Bank Ltd Singapore Branch has been awarded &#8216;Best Private Bank &#8212; Intermediary Services&#8217; in the Asian Private Banker Awards for Distinction 2020. The win is testament to the bank&#8217;s long-standing expertise and commitment to financial intermediaries across the Asia-Pacific region. \u00a0 As a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11331"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=11331"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/11331\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=11331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=11331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=11331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}