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Annual Report 2002

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Relationship<br />

Wealth management à la VP Bank<br />

a single source; a multitude of capabilities<br />

Activities of the Private Clients Division<br />

Private Banking, Personal Banking<br />

The Private Clients Division of VP Bank provides personalized<br />

services aimed at safeguarding and increasing<br />

the financial assets of our clients.<br />

Private Banking – based on a relationship of personal trust<br />

VP Bank offers to a wealthy, international clientele comprehensive<br />

advice and a full range of services that are adapted<br />

to each class of asset. We are of the firm conviction that<br />

we can only fulfil the needs of our clients by taking a holistic<br />

approach to wealth management. Needless to say,<br />

the direct interaction between client and advisor is central<br />

to those efforts. Long-term success and wealth accumulation<br />

can only come about when the client’s entire portfolio<br />

of assets has been thoroughly analyzed and integrated into<br />

an overall investment concept. And a prerequisite for that<br />

is a long-term partnership built on intimacy and trust.<br />

That, indeed, is our perception of what private banking is<br />

all about.<br />

Personal Banking – where reliability and the exploitation<br />

of synergies count the most<br />

VP Bank is locally anchored and internationally linked.<br />

And that fact makes it particularly attractive for regional<br />

private customers to enter into a banking relationship with<br />

us. Regional proximity and local presence make VP Bank<br />

an ideal partner for everyday banking business. And taking<br />

centre stage in this regard is the emphasis we place on<br />

the efficient and professional handling of all types of<br />

transaction, providing support in investment matters, as<br />

well as the financing of private transactions. A wide array<br />

of beneficial synergies are at the disposal of high-networth<br />

individuals.<br />

In the <strong>2002</strong> financial year, we redoubled our efforts to<br />

provide the utmost in personalized services. We resolutely<br />

orient our in-house processes towards client needs so<br />

that we can continually improve the quality as well as the<br />

efficiency of our service and advice, even in the face of a<br />

challenging business and securities-market environment.<br />

Our innovative “more4u” e-banking solution has proved to<br />

be a valuable instrument and offers clients an ideal means<br />

of conducting their banking transactions electronically.<br />

annual report <strong>2002</strong> | vp bank | page 49

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