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Double success for CMB

For the second consecutive year, Compagnie Monégasque de Banque (CMB) has been named Best Customer Service Private Bank and Banking Ambassador in Monaco by international magazine The European.

CMB CEO Werner PeyerIn collaboration with Thomson Reuters Group, the publication organises the annual European Global Banking & Finance Awards, where they honour different organisations – including financial institutions – that ‘stand out from the crowd and are consequently moving their industries forward’. Good governance, capacity to innovate, knowhow and quality of service are all major considerations.

According to the organisers, the awards provide a comprehensive analysis of the ‘very best in all major market sectors globally’.

“We are particularly proud and delighted to have been granted [the] awards,” says CMB CEO Werner Peyer. “CMB was awarded Best Private Bank and Banking Ambassador in Monaco by The European in 2017. Today we are once again being recognised for the exceptional quality of our customer services as well as being a private bank that upholds the values of the principality.”

CMB has been a firm fixture on the region’s banking scene since 1976 and specialises in investment advice. It also offers a diversified range of tailor-made products and services, such as asset and wealth management, and financing adapted to the specific needs of each investor.

“Because of the long-term relationships with its clients and a highly skilled workforce, but foremost thanks to the trust clients place in CMB, the bank has been able to reach 12 billion euros of assets under management to date,” says a company spokesperson.