OREANDA-NEWS. November 11, 2014. In the Global Private Banking Award 2014 reception ceremony held by the magazines The Banker and Professional Wealth Management (PWM) SEB bank was named the best bank in Latvia, Lithuania and Estonia for private banking services. Meanwhile SEB bank in Sweden received this award for the fifth consecutive year.

Reet Raidur, Head of Private Banking: “The fact that SEB received the prestigious Banker award in all Baltic States is a symbolic event in challenging times. For us, it mainly signifies SEB’s ability to ensure good quality of private banking service at all times, and that it is not a coincidence or a result of good conditions. We have done continuous and effective work in all three Baltic States and it is fantastic, that our strong service proposal, aspired team work and non-itrusive relationships with clients brought us the best possible result.”

PWM and The Banker magazines are a part of Financial Times Group and the annual Global Private Banking Award is one of the most prestigious events for the private banking industry attracting more than 170 applications from 60 countries. The award jury consists of financial industry experts from North America, Asia and Europe. Their decision is based on the annual research conducted by Scorpio Partnership, quality of client service in private banking area and information submitted by financial institutions.