CFM In Monaco Named Best Bank

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Nancy Heslin   Forbes Monaco

CFM In Monaco Named Best Bank

For the sixth consecutive year, Global Finance magazine has named CFM Indosuez Wealth Management “Best Bank in Monaco.”  

Global Finance’s experts analyze the performance of banks in 150 countries based on objective criteria, including asset growth, profitability, geographic reach, strategic relationships, new business development and product innovation.

In a competitive and highly complex market environment, this award reflects the pursuit of excellence shared by the 400 employees of CFM Indosuez Wealth Management, which is celebrating 100 years of supporting families and businesses in the management and protection of their private and professional wealth.

The Indosuez Wealth Management network is the global wealth management brand of Crédit Agricole Group, the world’s 10th largest bank by balance sheet (The Banker 2021). In Monaco it is represented by CFM Indosuez Wealth Management, the principality’s leading bank. Its roots there date back to 1922, when it was created by prominent Monegasque families, some of whom still hold nearly 30% of the bank’s share capital. It now has five branches in the Principality and Monaco’s biggest trading floor.

Indosuez Wealth Management has nearly 3,000 employees in 10 locations in Europe, Asia-Pacific and in the Middle East. With €135 billion in assets under management (at 31/12/2021), Indosuez Wealth Management is one of the global leaders in wealth management.

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Nancy Heslin   Forbes Monaco

Nancy Heslin is an established journalist and lifestyle writer. She has been the Editor-in-Chief of Forbes Monaco magazine (bimonthly in English) , since the magazine's 2nd issue . Launched in November 2018, Forbes Monaco is part of the Forbes family, with its 7 million readers and 71 million monthly website visitors worldwide.