KBL epb was highly commended for the excellence of its operations in the Grand Duchy at the 2015 PWM/The Banker Global Private Banking Awards, which took place in Singapore.

This accolade follows the Luxembourg-headquartered group’s recognition as among the “Outstanding Private Banks in Europe” at the 25th Private Banker International Global Wealth Awards, which were held last month.

“Founded in Luxembourg in 1949, KBL epb is today a pillar of the country’s financial services sector, serving as a trusted partner to a growing base of aspirational individuals and institutions,” said Group CEO Yves Stein.

“These recent awards reflect the commitment of our staff here in the Grand Duchy and across our 50-city European network – and the increasing success of our client-centric approach, founded upon offering proximity, agility and personalized service.”

The Global Private Banking Awards are conferred annually by Professional Wealth Management and The Banker, publications of the Financial Times Group.

Organizations nominated for the awards are shortlisted based on quantitative criteria and qualitative analysis. Those entries are then evaluated by an expert panel of 15 industry professionals based in Europe, North America, Asia and the Middle East.