Schroders Private Bank does the Double

Schroders Private Bank’s strength and depth was acknowledged by the Channel Island state of Guernsey when it was awarded the Best Medium-Sized Business 2009 at the annual Guernsey Awards for Achievement on 4th February. The gala evening was concluded with Schroders also being crowned the Best Guernsey Business 2009. All this against the back drop of fierce competition and the global financial turmoil; a superb achievement.
 
“Winning the awards was quite unexpected” said CEO Julian Winser, “It’s an extraordinary bonus for the people I work with reflecting their dedication and hard work. Schroders have won the awards in recognition of the importance we attach to the integration of our team and their families, our clients and their families and their incorporation in the Channel Island’s community. In everything we do we consider the future impact on the community and the environment. We are all about the client – we listen; we respond and we listen again”.
 
Making the award Commerce and Employment Minister Carla McNulty Bauer stated, “Schroders showed strong management style demonstrated by investment in the face of economic instability, and at times it seemed (they are) more than a bank as their commitment to the community came through very clearly”.
 
The company has been established in the islands for 17 years providing investment, lending and other private banking services to private individuals and businesses. 75% of Schroders Private Bank clients are from the international community. The Channel Islands based bank enjoys the full backing of the 207 year old London parent company, Schroders Plc, where 85% of its investment funds have out-performed over the 12 months to September. This support is mirrored by their sister bank Schroder & Co, also based in London.
 
Guernsey, a British Dependency off the coast of France, is a global financial centre attracting international clients due to G20’s white listing it as a co-operative and well-regulated financial jurisdiction with excellent legal and accounting infrastructure.