Winners rationale

Asian investors’ risk sentiment slowly picked up in 2019 as the financial market showed continuous resilience in its recovery. Credit Suisse Private Banking capitalised on its APAC Financing Group, providing clients in the region with an integrated platform along with a holistic solution for trading, risk management, structuring and syndication.

Drawing on Credit Suisse’s global resources, its ‘Bank for Entrepreneurs’ strategy delivered integrated private banking and investment banking advisory and solutions to UNHWs, entrepreneurs, corporate clients, and institutional investors. It supported clients’ various financing needs across different business stages — from loan inception and restructuring to investment and loan position building, from performance and covenants monitoring to periodic portfolio and facility review.

On top of the bank’s bread and butter financing solutions across structured financing, real asset lending, and flow lending, Credit Suisse launched partial return swaps in 2019 as a new offering to supplement client portfolios and enrich its financing platform.

Numbers speak for themselves. Credit Suisse’s credit advisory business delivered double-digit adjusted returns on capital for full year 2018 and 2019, as the bank further entrenched its market position with dominant franchises across its investment banking and private banking businesses.

Additionally, streaming from the wide spectrum of lending activities — spanning structured credit lending, share-backed and margin lending, real estate financing, real assets lending, Lombard lending, and portfolios financing — the credit business recorded significant, robust and steady revenues for the bank. This reflects the resilience of its wealth management strategy and its leading business franchises in the region, despite a rather challenging and volatile market climate.

Credit Suisse’s customised and balanced lending solutions with swift execution backed by strong commitment from senior management and collaboration from stakeholders did not go unnoticed by clients, who provided excellent feedback on the bank’s financing engagement and proactive risk management.

Credit Suisse Private Banking is Asian Private Banker’s Best Private Bank – Credit Advisory for 2019.