The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Wealth

CEE's best bank for wealth management 2016: Erste Bank

Awards for Excellence 2016

 

AfE 2016 logo-196 135

 Results index

Erste Bank’s deep relationships across central and eastern Europe, with governments, corporates and individuals, are unparalleled, which makes it an even more compelling bank for the region’s wealthy. Erste Bank wins the award for this year’s best bank in the region for wealth management.

In Austria, where it is headquartered, the bank takes care of 10,000 clients. It has roughly another 9,000 private banking clients in the Czech Republic, Slovakia, Hungary, Croatia and Romania. Wolfgang Traindl, head of private banking and institutional clients, says there are many challenges in the region that his bank has been responding to. Pressure for greater transparency is one, which led the private bank to introduce three tiers of service bundles with new pricing.

Another challenge says Traindl, “is that productivity always has to be improved by implementing new streamlined internal processes”. The bank started a new customer relationship management software project that will be completed by the end of this year to help its advisers.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree