Best Private Banks in China

Industrial and Commercial Bank of China Limited ("ICBC") - It has been named the "Best Private Bank in China" at the "Private Banking and Wealth Management Survey 2010" organized by Euromoney magazine. ICBC also received the highest number and level of accolades among the peers by winning nine category awards including fixed income portfolio management by private banks, lending/financing solutions, private equity investment by private banks, trust services and corporate advisory for private banking clients.

Bank of China - In September 2009 issue of the FinanceAsia, Bank of China was named as the "Best Private Bank in China". In addition, the Bank is ranked 11th in terms of core capital among the "World Top 1000 Banks" in the British magazine The Banker in 2009.

China Merchants Bank - It has received many domestic and international honors for its excellent business performance, management capability and corporate culture. The Company was awarded the honor of “China's Best Local Bank for 2008” by Asia Money. The private banking of the Company was awarded “Best Private Bank in China” by Euromoney, The Asset and Financial Times of the U.K.

DBS Bank Ltd - It was rated the No. 2 Best Private Bank in China, as voted by high net worth individuals with assets under management of more than US$25m, Asiamoney Private Banking Poll 2010.

China Construction Bank Corporation (“CCB”) - For the third consecutive year, the Bank has been the recipient of Corporate Governance Asia annual “Corporate Governance Asia Recognition Award”. It has also been recognized as the “Best Bank in China”, “Best Domestic Bank in China”, “Best Private Bank in China” and “Best Trade Finance Bank in China” etc by FinanceAsia, Euromoney, The Asset and Global Finance.

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn