The international financial magazine Euromoney has named Nordea Private Banking the best service provider in the Nordic and Baltic region. This is the seventh year in a row that Nordea Private Banking has won this award.

Nordea is one of Europe's leading banks and the leading bank in Latvia to offer Private Banking services to very affluent customers. Nordea Private Banking has representative offices in 12 countries, and serves more than 100,000 clients in the Nordic region, the Baltic states and across Europe, managing assets worth some EUR 191 billion. Since 2008, Nordea Private Banking services have also been available in Latvia.

Māris Paeglis, Head of Nordea Private Banking in the Baltics: "Last year yielded compelling business results for the Private Banking business in Latvia and the Baltic region in general. I am pleased that we managed to increase the volume of deposits and total income both in Nordic and Baltic regions; however, I am particularly happy that our customer satisfaction level is increasing each year. The  award is  great proof of the work we have done."

Euromoney is the world’s leading financial service magazine, which annually grants these awards to the best Private Banking service providers worldwide. In its judgement, the Euromoney jury takes into consideration various qualitative and quantitative indicators. These include, among others, analyses of business transaction volumes, profit indicators and customer relations and service.

Nordea has been named the best Private Banking service provider in the Nordic & Baltic region for the seventh year in a row.

More about the Euromoney award euromoney.com