KBL Luxembourg has been named the best private bank in Luxembourg for the third consecutive year at the PWM/The Banker Global Private Banking Awards, which took place in London on November 7, 2018.

This accolade follows the recent recognition of KBL Luxembourg’s parent – KBL European Private Bankers, a 50-city network of European private banks – among the “Outstanding Private Banks in Europe” at the Private Banker International Global Wealth Awards, marking the fourth year in a row the group has received that distinction.

“As we look ahead to the 70th anniversary of our founding in the Grand Duchy, we continue to grow our reach, enhance our service offering and invest in new technology to meet rapidly evolving client needs,” said Carlo Friob, CEO, KBL Luxembourg.

“Reflecting our shared commitment to proximity, performance and personalized service, we are working together to earn the recommendation of each client we have the opportunity to serve,” he said.

“I am grateful that KBL Luxembourg continues to be recognized for its commitment to excellence and proud of our people for earning such awards.”

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 industry professionals from across the globe.