Private Banking offers a broad range of financial and non-financial services to wealthier people, foundations, associations and religious institutions. Sustainable asset management is the core service within Triodos Bank Private Banking, and includes both Triodos investment funds and private asset management.
Private Banking increased its funds under management by 27% to EUR 936 million, against a target of between 20 and 25%. EUR 379 million of these funds are managed by Triodos Bank Private Banking but accounted for on the balance sheet of the Dutch branch.
Prospects for Triodos Bank Private Banking
Triodos Bank Private Banking expects interest in its sustainable investment offering in The Netherlands and Belgium to continue to be high and anticipates growth of between 20 and 25%, in 2013.