According to the publication’s statement, 130 submissions from 63 countries were considered for the awards by 15 private banking industry experts. TBC Bank was commended for its multichannel capabilities in private banking lines, as well as its successful expansion into the mass-affluent market over the past year.
Commenting on the news, Vakhtang Butskhrikidze, TBC Bank’s Chief Executive Officer said:
“We are proud to receive this distinguished award for the second time in a row. This prestigious award from The Banker and PWM Magazine is a welcome recognition that we continue delivering excellent private banking experience in Georgia. Earlier in 2015, we introduced an innovative mortgage center that offers additional benefits for our private banking clients”.
I would like to thank TBC Bank’s private banking team for building our strong brand, upholding the renowned bespoke relationship with our clients, and developing TBC Bank’s market-leading private banking offerings,” he added.
About The Banker and PWM Magazine Private Banking Awards
The annual Awards recognize players that are emerging as industry leaders in private banking. Private banks operating in Europe, Asia, North America, Middle East, Latin America and Africa, or globally, are evaluated against a set of growth and performance measures, as well as on their particular private banking services.