Private Banking
Private Banking business of Bank Saint Petersburg is a kind of a boutique offering financial and non-financial services to wealthy customers and their families.
2021 was characterised by fundamental change of a business model: from that focused on services to wealth management, which demanded to adjust all business processes, change a product range and make serious investments in the team.
In 2021 Private Banking business grew in all directions. In particular, the number of customers who uses Private Banking of Bank Saint Petersburg increased by 20%. The half of new customers came to Bank Saint Petersburg after recommendation from existing customers. As at 1 January 2022 the amount of customers’ funds in trust of the Bank’s Private Banking was RUB 65.7 billion.
This is a result of professional performance by the Bank’s Private Banking together with its partners as well as of a flexible and customised approach to each customer and his/her personal goals.
In the nearest future Private Banking of Bank Saint Petersburg will focus on automation of business processes and facilitation of relations with adjacent departments. This trend combined with the growth and development of expertise of personal bankers will become more and more actual over the time. This will allow Private Banking of Bank Saint Petersburg to remain the centre of financial expertise for the customers, offer the best products and the services based on the customer-centric model, build relationships with the customers on the basis of mutually beneficial cooperation in the year of the fifteenth anniversary of the department.
Dynamic development and high quality of the performance of the Private Banking of Bank Saint Petersburg in 2021 was publicly distinguished by customers and community of professionals.
According to Forbes, for the first time ever Private Banking of Bank Saint Petersburg was among fifteen best banks for millionaires. According to SPEAR’S Russia Wealth Navigator Awards, the first top private banking, wealth management and adjacent industries annual awards in Russia, Private Banking of Bank Saint Petersburg was acknowledged the most dynamically developing Private Banking.