Santander Private Banking has once again been named Latin America’s Best International Private Bank by Euromoney. The magazine also recognised Santander Private Banking as the Best International Private Bank for high-net-worth individuals in Latin America and awarded its digital solutions in the region.

The bank also topped several country categories in these annual awards. Santander Private Banking was named Best International Private Bank, one of the most prestigious accolades in the sector, in Argentina, Brazil, Peru, Portugal, the UK, and Uruguay. It was also recognized as the best private bank for digital solutions in Argentina and Uruguay, as well as in Latin America as a whole; and best private bank for Discretionary Portfolio Management in Brazil, Mexico, and Portugal. Other accolades include Best Private Bank for high-net-worth individuals (HNWI) in Brazil, Mexico and Spain.

“These awards are a testament to our commitment and our drive to deliver the best and most comprehensive service to our clients. We are delighted with this fantastic news and sincerely appreciate the confidence and trust placed in us.” said Alfonso Castillo, global head of Santander Private Banking

“This represents recognition by the industry of our team and our strategy, which combines a global private banking platform with deep local knowledge in all the geographies in which we are present, and which enables us to forge a unique connection between Europe and Latin America.”  said Víctor Matarranz, global head of Wealth Management & Insurance

Euromoney has identified global best practices in private banking and wealth management for more than 20 years. That Santander Private Banking has won awards in both Latin America and Europe demonstrates the value of combining its global platform with local knowledge and a presence in each of the markets in which it operates.

Santander Private Banking offers clients bespoke service with specialized private bankers in Spain, Portugal, Poland, Switzerland, the UK, the US, Brazil, Chile, Mexico, Argentina, Uruguay and the Middle East. As at December 2023, it had €300 billion in client assets and liabilities (CAL) worldwide, 15% more than the previous year, and it had raised client numbers by 9% while increasing net profit by 75% to €1,190 million.