Credit Suisse proved to be the runaway winner of this year’s award for a number of reasons. Firstly, in interviews with industry stakeholders during the judging process, Credit Suisse was the unanimous choice for the award among its peers. Credit Suisse enjoys an unrivalled network within the Indonesian HNWI community, an indication of the bank’s success at leveraging its well established investment banking and asset management business in the country. Clients note the high quality of Credit Suisse bankers, their understanding of the unique needs of Indonesia’s HNWIs in addition to a robust platform that offers a complete suite of products.
Tee Fong Seng, vice chairman and market area head Southeast Asia for Credit Suisse Private Banking Asia Pacific is unequivocal about the importance of the Indonesian market to the bank’s regional ambitions. “Indonesia is a top priority for Credit Suisse in Asia. We are growing our presence in Hong Kong and Singapore but Indonesia is still the top market for private banking,” he says.
Tee remains optimistic about Indonesia’s prospects as a burgeoning wealth management market and this resource-rich nation’s ability to weather any global headwinds. He is also committed to maintaining Credit Suisse’s ability to differentiate its Indonesian service offering by means of its cutting-edge product suite, highly-experienced bankers and unrivalled networking platform for the country’s wealthy.