Safest Banks in Latin America

Banco del Estado de Chile (Chile) is ranked No. 1 among the Safest Banks in Latin America by Global Finance magazine (October 2011 issue), followed by Banco de Chile (No. 2) and Banco de Crédito e Inversiones (No. 3).

Banco de Chile is also rated as the safest private bank in Latin America according to the World's Safest Bank 2010 ranking published by Global Finance. The Bank has received many awards and recognition. It was selected for the second consecutive year as the best sub-custodian bank in Chile, according to the report “World's Best Sub-Custodian Banks” in Global Finance magazine.

In the seventh version of the annual survey on private banking conducted by the magazine Euromoney, Banco de Chile obtained 1st place in Chile in the following categories: Foreign Exchange, Lending / Financing Solutions, Real Estate Investment and Specialized Services Corporate Executives. In addition, it was chosen as the best bank in Chile, based on the results of the annual survey “Top 1000 World Banks” conducted by British magazine The Banker.

Best Private Banks in Switzerland

Julius Baer, LGT Bank Switzerland, and Credit Suisse are amongst the best private banks in Switzerland:

Julius Baer has received the 'Best Private Bank in Switzerland' award for the second consecutive year from the renowned FT Group publications 'The Banker' and 'Professional Wealth Management' (PWM). In addition, the bank has won two 2012 awards from Asian Private Banker. It has been named “Best Boutique Private Bank in Asia” and “Best Private Bank – External Asset Manager's Choice”.

LGT Bank Switzerland was ranked 1st in the 2011 rating of private banks carried out by the Swiss business magazine Bilanz. In the 2011 private banking rating, 66 banks were asked to draw up a comprehensive investment proposal for a client wishing to invest 15 million Swiss francs in order to use the income for retirement. The proposals made were assessed by the independent Munich-based Institut für Vermögensaufbau.

Credit Suisse has been named the Best Private Bank globally by Euromoney magazine for the third consecutive year. It has also received numerous regional and country awards as the best private bank, including in Switzerland. The accolades are based on the results of Euromoney's 2012 Private Banking Survey.