Bank of Singapore secures this year’s award as the country’s best private bank for high-net-worth (HNW) individuals, reflecting a steady performance and client centred approach.
The bank has demonstrated consistent expansion of its HNW franchise. Assets under management grew by 11% year on year, signalling deeper primary banking engagement and sustained client trust. This ability to attract and retain wealth is ever more impressive in what is a very competitive market.
Bank of Singapore offers HNW clients access to investment opportunities typically associated with institutional portfolios. Through discretionary and advisory mandates of $20 million and above, clients can participate in largescale alternative investments that enhance diversification and complement traditional wealth strategies.
In addition, the bank’s effective use of technology has strengthened operational efficiency in ways that directly benefit HNW clients. Its AI agentic tool Source of Wealth Assistant has shortened the onboarding processing times from 10 days to one hour, delivering a smoother and more reliable client experience.
Combined with a focused relationship management approach, supported by a favourable client to relationship manager ratio, the bank offers a personalised and well supported service model designed to meet the needs of the HNW segment.
