Private Banker International (PBI) has announced the winners of the 2017 Private Banker International Greater China Awards in Hong Kong on 2nd of June.

The North-Asia focused awards were held at The Park Lane – a Pullman Hotel, in Hong Kong, and celebrated excellence and achievement in the private banking markets across the region.

Winners were selected by an independent judging panel and PBI Editorial team members across institutional, service proposition and individual categories.

China Merchants Bank was named Best Private Bank in China, while Taishin Bank won the best Private Bank in Taiwan award and HSBC Private Banking scooped the award for best Private Bank in Hong Kong.

The Best Family Office Proposition in Greater China award went to Credit Suisse AG, while HSBC Private Bank won Best Offshore Renminbi Offering.

BNP Paribas was distinguished with the Best Ultra-High-Net-Worth-Individual Offering in Greater China award, while Credit Suisse AG won the Most Effective Wealth Management Platform in Greater China. Citi Private Bank was also recognised as the best Next-Generation Offering in Greater China award.

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Echo Bi, Michele Tan, and Eddie Chng, from DBS Private Bank, were given the Outstanding Young Private Bankers in Greater China-North Asia, while Sheila Ho, from DBS Private Bank, was named Outstanding Private Banker in the Greater China-North Asia.

Meghna Mukerjee, PBI editor, said: “The Greater China region represents a wealth of opportunities and unique dynamics for global and local private banks. Wealth generation is continuing at a rapid rate across China, Hong Kong and Taiwan and the mass affluent population, particularly, is a segment to watch and engage.

“The success stories in this crucial region must be recognised and felicitated. The quality of nominations this year were by far the most impressive and the award winners exhibited a clear focus in their strategies and are shaping the future of the private banking industry. They have demonstrated their worth through their excellence, expertise and industry-leading initiatives.”

PBI Greater China Awards 2017 winners:

Best Private Bank in China

Winner: China Merchants Bank

Best Private Bank in China (Foreign)

Winner: Citi Private Bank

Best Private Bank in Taiwan

Winner: Taishin Bank

Highly Commended: CTBC and E.SUN Bank

Best Private Bank in Taiwan (Foreign)

Winner: UBS AG

Best Private Bank in Hong Kong

Winner: HSBC Private Banking

Best Private Bank in Hong Kong (Foreign)

Winner: DBS Private Bank

Highly Commended: Citi Private Bank and Credit Suisse AG

Best Family Office Proposition in Greater China

Winner: Credit Suisse AG

Highly Commended: London and Capital Asia

Best Next-Generation Offering in Greater China

Winner: Citi Private Bank

Highly Commended: BNP Paribas Wealth Management

Best Offshore Renminbi Offering in Greater China

Winner: HSBC Private Bank

Best Ultra-High-Net-Worth-Individual Offering in Greater China

Winner: BNP Paribas Wealth Management

Most Effective Wealth Management Platform in Greater China

Winner: Credit Suisse AG

Highly Commended: Taishin Bank

Outstanding Young Private Bankers (Greater China-North Asia)

Winner: Echo Bi, DBS Private Bank

Winner: Eddie Chng, DBS Private Bank

Winner: Michele Tan, DBS Private Bank

Outstanding Private Banker (Greater China-North Asia)

Winner: Sheila Ho, DBS Private Bank