Euromoney Names CaixaBank ‘Best Private Bank in Spain’ Once Again
CaixaBank Private Banking has once again been recognized for its excellence in wealth management, securing three prestigious awards at the latest edition of the Global Private Banking Awards, hosted by the renowned British magazine Euromoney. This annual event celebrates outstanding performance and best practices in international private banking, and for the third consecutive year, CaixaBank has been named the ‘Best Private Bank in Spain’.
In addition to this top honor, CaixaBank Private Banking received two further awards at the distinguished gala in London: ‘Best Private Bank in Spain for UHNW Clients 2025’ and ‘Best Private Bank in Spain for Family Office Services 2025’. These accolades mark the second consecutive year that CaixaBank has achieved recognition in these categories, reinforcing its commitment to providing unparalleled service to its clientele. Meanwhile, BPI, a subsidiary of CaixaBank, earned four awards in Portugal, bringing the total tally for the CaixaBank Group to an impressive seven awards. This represents the highest number of accolades the group has received in these international awards, which boast a history of over 20 years.
These distinctions further solidify CaixaBank Group’s position as the leading private bank in the Iberian Peninsula. The awards are a testament to the success of CaixaBank’s customer-centric approach, which prioritizes advisory services and support through a diverse portfolio of exclusive and innovative financial products. The institution remains dedicated to meeting the evolving needs of its clients, ensuring that they receive tailored solutions at all times.
Belén Martín, Head of Private Banking at CaixaBank, expressed her gratitude for the recognition, stating, “These awards are a reflection of our long-standing commitment to excellence and our unique private banking model in Spain. We take great pride in the specialization of our managers, whose expertise ensures that our clients receive the best possible service. These recognitions would not be possible without the dedication and professionalism of our entire team, and we wish to dedicate them to our clients, who inspire us to continue improving every day.”
Commitment to Independent Advisory Services
The award for ‘Best Private Bank in Spain for UHNW Clients 2025’ underscores CaixaBank’s dedication to independent advisory services. As a leader in this sector within Spain, CaixaBank Private Banking has integrated its two specialized UHNW client divisions into its newly established Independent Advisory division. This division includes ‘Independent Advisory,’ which serves clients with assets ranging from one to four million euros, and ‘Wealth,’ which caters to clients with over four million euros.
The success of CaixaBank Private Banking’s Independent Advisory service is evident in its significant growth. As of February, the division managed €20 billion in assets, reflecting an impressive 43% increase compared to January 2024. This remarkable growth highlights CaixaBank’s leadership in independent advisory services in Spain. Furthermore, the new division collectively manages over €47 billion in assets as of the end of 2024, reinforcing its status as a benchmark in the industry.
In 2024, CaixaBank Private Banking enhanced its services for UHNW clients by launching a cutting-edge investment management platform, GPS (Global Portfolio Strategy). This platform incorporates BlackRock’s Aladdin Wealth™ technology, enabling managers to provide a highly sophisticated advisory service at no extra cost to UHNW clients. The new Advisory GPS service seamlessly integrates portfolio construction efficiency with personalized client experiences, delivering an advanced advisory framework tailored to individual investment needs.
Excellence in Family Office Services
CaixaBank also received the award for ‘Best Private Bank in Spain for Family Office Services 2025’ for the second consecutive year. This recognition highlights the innovation and excellence of CaixaBank’s subsidiary, OpenWealth. As Spain’s pioneering independent global consultancy service for UHNW clients, OpenWealth caters to individuals with assets exceeding €50 million. The subsidiary has achieved notable success, surpassing €8 billion in assets under supervision. This milestone establishes OpenWealth as not only the largest wealth consultancy for UHNW clients but also the leading multifamily office service in Spain.
OpenWealth maintains a strong presence in key financial hubs, with offices in Madrid, Barcelona, Valencia, Bilbao, and Málaga. Its fully independent, fee-based service model sets a new industry standard in Europe. CaixaBank was the first bank in Europe to introduce this distinctive model, offering its services to UHNW individuals regardless of their banking relationships. This approach ensures that clients receive unbiased and highly specialized advisory services, even if their assets are held with other financial institutions.
CaixaBank Private Banking: A Model of Excellence
CaixaBank’s private banking model is underpinned by a highly specialized team of over 1,200 accredited managers, each with an average of 15 years of experience. Clients benefit from a robust network that includes 75 exclusive private banking centers and 11 Wealth centers, ensuring that they receive personalized and expert financial guidance.
The value proposition of CaixaBank Private Banking is designed to cater to diverse client needs and preferences. The institution offers various service models, ranging from comprehensive global advisory services (both independent and non-independent) to platforms that enable clients to manage their assets autonomously. CaixaBank’s investment solutions cover a broad spectrum, including securities, funds, savings insurance, and other wealth management products, providing clients with unparalleled investment flexibility.
With a steadfast commitment to innovation, independence, and excellence, CaixaBank Private Banking continues to redefine industry standards in wealth management. The latest accolades from Euromoney reaffirm its position as a trusted and forward-thinking financial partner for UHNW individuals and families in Spain and beyond.
