Kathrein Privatbank: Best Private Banking Solutions Austria 2021

Modern organisations are keen to display their sustainability credentials, but not many have planted a whole forest. That’s exactly what the Austrian bank Kathrein Privatbank has done. The bank believes that life is about more than financial wealth – it’s about people and their stories, it says. Kathrein Privatbank is one of the leading private banks in the German-speaking region, providing investment advice and asset management for families, businesses and entrepreneurs. It still operates from the same building in the heart of Vienna where, in 1924 at the height of a turbulent and uncertain economic period, Carl Kathrein founded his bank. In 2012 the bank established sustainable investment as a portfolio priority. Today its wealth management focus is rooted in sustainability. The bank tailors investment plans to customers’ personal requirements, regularly reviewing strategy and goals, with a network of experts available to give advice and support. Its green investment strategies are closely aligned to the values of customers. Kathrein Privatbank believes that responsible business practices contribute to a better outlook and a higher quality of life for future generations. Today the bank offers a broad portfolio of products, driven by customer demand. Kathrein Privatbank is so committed to sustainability that in 2020 it launched its “Corporate Forest” initiative – planting 3,150 trees in Togo, West Africa. In 2021, in recognition of the bank’s continuing pursuit of customer service, and for the third consecutive year, the judging panel is pleased to present Kathrein Privatbank with the award Best Private Banking Solutions Austria.