My Model of Private Bank
If I inherited a small bank I would intend to develop it into successful private bank with high quality products and services. This bank would look like the one I will describe.
Bank’s values and client relations
The bank is orientated mostly on well-off people and its values are - respect to the clients and their interests, quality and security of the products and services and the employees’ professionalism. Bank provides customized services in a confidential, comfortable and distinctive atmosphere where clients can discuss their financial affairs privately with seasoned advisors.
The aim of the bank is to build relationships founded on trust and confidence, as well as to form long term relationships with people, their families and their businesses. The managers’ good qualification will provide client’s confidence that they will be dealing with the same person over the years.
In order to achieve the aim and ensure a personal approach to each client bank’s employees at first listen carefully to their client. Then, whenever possible, they customize services to meet person’s specific needs. Managers take time to know clients, their preferences and their goals. From this, solutions are adapted and they are as individual as each one's financial situation.…
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