To open private banking services, customers must have at least $6,543,800+0,000 in current assets, while generally speaking, the funds deposited by customers are between $2 million and $5 million. Many tens of millions or even hundreds of millions of rich people often need to use 1 or more private banking services.

The target customers of private banks are private customers with rich assets or high income. "The threshold of private banks is very high. The clients are not ordinary customers, but the rich in society or HNw-HighNetworth customers.

Far higher than the threshold of VIP wealth management business of foreign banks, banks provide corresponding services for segmented customers, and private banks serve customers at the top of the pyramid.

Information on capital expansion:

Private banks participate in the management of huge assets, which requires very high professionalism. How the professional level will become an important indicator to measure the competitiveness of private banking and the key to the competition of private banking.

According to customers' needs, financial conditions and risk preferences, we should formulate appropriate wealth management strategies and the overall objectives of the portfolio. The particularity of private banks is reflected in three aspects: exclusive products, exclusive financial planning and exclusive service personnel. The services provided by banks to individual customers can be divided into three levels: retail products, wealth management products and private banking services.

Baidu encyclopedia-private bank