Societe Generale, one of the largest European financial services groups, has been voted best private bank in the region by the Banker Middle East magazine following online votes received from a thousand readers.

This is the third award won by the private bank in a local market in 2011, said a statement from Societe Generale.

With this new recognition, the private bank confirms its position as a leader in the wealth management sector in the region, the statement added.

Societe Generale was voted best private bank in France by Euromoney last February as well as Best Global Wealth Manager of the Year in the UK last May by Investors Chronicle magazine and the Financial Times.

This award underlines the high level of expertise and the strong professionalism across Societe Generale Private Banking’s teams in the Middle East, it said.

Present in the Middle East since 2006, Societe Generale enables high net worth individuals to benefit from tailor made solutions in wealth planning and fiduciary services as well as access to a full range of worldwide investment and financing solutions available worldwide.

The private bank offers its services to Arab and Indian clientele resident in the UAE from its offices in Dubai, Abu Dhabi and Bahrain.-TradeArabia News Service