The winning bank has showcased resilient performance amid a challenging environment in 2022. The bank demonstrated its ability to capture market opportunities effectively, evidenced by a 228% increase in Structured Notes Income, significant 14 times growth in Net New Sales and substantial 27% growth in Annual Premium Equivalent (APE) of Wealth protection and legacy planning products.  Overall Bancassurance market share has expanded as well.  The bank also dedicated to enhancing the digital advisory and sales journey through features like mobile account opening, same-day FX alerts, and myWealth platform. Furthermore, the bank’s success in delivering personalized insights, investment research, and portfolio updates to clients reinforces its customer-centric approach. Its key partnership for diverse fund solutions, underscores its commitment to offering tailored and global perspectives.

With robust financial performance, digital innovation, and customer-centric focus, the award of Best Wealth Management Bank in Hong Kong goes to Standard Chartered Bank.