OREANDA-NEWS. November 11, 2009. In nominations for SPEAR’S Russia Wealth Management Awards 2009, the SPEAR’S Russia magazine has nominated Parex banka in the category of the best private bank in the Baltic States and CIS in respect to customers from Russia. Nominations are based on a survey of wealth management professionals, also considering the views of the Organizing Committee of SPEAR’S Russia and its independent consultants, reported the press-centre of Parex Banka.

The winners in all 19 categories, including “Russian Private Bank of the Year”, “Investment Adviser of the Year,” “Tax Adviser of the Year” and others, will be announced on November 26 in Moscow.

SPEAR’S Russia magazine hosts the Russia Wealth Management Awards held to celebrate the achievements of professionals and firms from private banking, wealth management and related industries for their successes, innovations and acumen over 2008-2009. SPEAR’S Russia Wealth Management Awards is organized by tradition and analogy with the award ceremony annually held in London by SPEAR’S UK.

Parex banka has worked in the CIS since 1993 and provides services to customers in Russia, Ukraine, Kazakhstan, Azerbaijan, Belarus and other countries. The bank offers a wide range of services, including savings accounts and credit cards, as well as complex financial solutions, tax consultations and estate planning.

Within the framework of restructuring of Parex banka, a Private Capital Management Sector has been established to work with wealthy customers and their capital, managing the total of 20 thousand such customers.