Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

BNZ Private Bank wins global recognition for fifth time

27 October 2017

BNZ Private Bank wins global recognition for fifth time

For the fifth consecutive year BNZ Private Bank has again been globally recognised as the ‘Best Private Bank in New Zealand’.

Donna Nicolof, head of wealth and private bank at BNZ, said winning this international accolade at The Banker/PWM Global Private Banking Awards 2017 was hugely rewarding and proof of the team’s continued commitment to putting clients first.

“It’s a challenge to step up our performance every year and be recognised not only in a competitive industry, but on the global stage. Our continued success demonstrates our commitment to innovation and thinking differently about developing solutions relevant to our client’s needs,” she says.

The judges highlighted BNZ Wealth and Private Bank’s double-digit year-on-year revenue growth and increase in funds under management as well as the team’s continued focus on client outcomes.

“In 2017 we’ve delivered significant changes in our business focused on further diversification to protect our clients’ portfolios. We also implemented a responsible investment policy framework aligned to our investment philosophy,” Donna said.

“Our clients have enjoyed strong, consistent returns which have outperformed their benchmarks. This is particularly pleasing in the current low interest rate environment.

“I’m really proud of our team’s focus and commitment to continuing to raise the bar on what we do. I’m truly humbled by these back-to-back wins and privileged to lead this business,” Donna said.

Bank of New Zealand Private Bank delivers a highly personalised advisory service for individuals, family trusts and institutions looking for investment advice, finance, risk protection and everyday banking services.

The Banker/PWM global awards place intense scrutiny on entrants, who are judged by a panel of industry experts from all corners of the world including Europe, Asia, North America and the Middle East.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>

ALSO:

GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>

ALSO:

Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO:

Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>