Gazprombank Private Banking has won the Frank Private Banking Award 2021 in the category "Best programme for family members and inheritors of capital."

To choose the leader, experts analysed the results of 13 Russian banks’ activities at the end of 2020, conducted interviews with private bankers, online questionnaire surveys of wealthy clients, benchmark research, studied tariffs on products and private banking services.

"We are delighted to receive this award from the expert community. It once again confirms that the 'Inheritors' programme, launched in summer 2019, remains the best on the market year after year. We continue to develop this project and make it even more appealing," commented Sergey Potapeyko, Gazprombank’s Vice President and Private Banking Department Head.

The awards were presented on May 18 at Yarovit Hall Yakimanka. As part of the event, private banking leaders held a discussion, which was attended by Sergey Potapeyko. The bankers discussed the future of Russia's private banking in view of tax and geopolitical developments, changes in customer service during the pandemic and the industry’s main goals.

For two years in a row Gazprombank Private Banking won the SPEAR'S Russia Wealth Management Awards in the nomination “Best Russian Bank for Private Clients.” This year Gazprombank Private Banking was recognized the most client-oriented bank for private clients. The award ceremony took place in Et Cetera Theater on December 14.

“I am very pleased that we became laureates in this particular nomination: after all, the future is behind those who offer a client-oriented, or client-centered, approach in business. The success awaits those who will be able to come to their clients with the products they really need at the exact moment when it is most relevant to them, and use a convenient channel to communicate with the customer. Digitization and Big Data are first helpers here. Over the past several years Gazprombank has done a lot in this area.

Private Banking might be a traditionally more conservative and classic segment where we know each of our clients well a priori, nevertheless, new technologies will inevitably come into our business as well. Therefore, we see our future development in the synergy between the impeccable work of our account managers and use of cutting-edge technologies. This victory is well deserved due to the hard work of the cohesive team of Gazprombank Private Banking!” said Sergey Potapeyko, Vice President and Head of the Private Banking Department.

SPEAR’S Russia Wealth Management Awards is an annual award for best representatives of the industry of private banking services, management of large capital and other related industries. The award has been founded and presented in a similar manner to the UK SPEAR’S Wealth Management Awards held by SPEAR’S UK Magazine in London. The founders of the award in Russia are PBWM Media Portal and SPEAR’S Russia Magazine. PricewaterhouseCoopers (PwC) serves as an independent consultant.

The list of nominees for the award was formed in several stages, the most significant of which was the stage of votes being cast by industry participants. A highly reputable judge panel helped select the winners.

This year's judge panel included businessman and philanthropist Alexander Gafin, member of the Supervisory Board of Moscow Credit Bank Roman Avdeev, General Director of RUSNANO Capital Irina Rapoport, General Director and founder of Group-IB Ilya Sachkov, and publisher of SPEAR’S Russia Daria Figurkina. The judge panel was chaired by the Managing Partner of MEDIACRAT Arman Jilavyan.

On April 30, 2020, Gazprombank Private Banking and PwC organized and delivered a webinar devoted to changes in the tax legislation and tax incentives for small and medium-sized enterprises (SMEs).

During the webinar, leading experts spoke about changes in the tax legislation relevant to individuals, covered special aspects of obtaining an SME status by companies with foreign participation, which involve engagement of an audit company, and revision of taxation conventions between the Russian Federation and other countries.

“Today, it is critical for us that information received by Gazprombank Private Banking customers is up-to-date and reliable. I am convinced that the webinar organized in collaboration with PwC proved useful to our customers. We received good feedback.” Sergey Potapeyko, Vice President – Head of Private Banking Department said. “Customer interaction with the bank is not built around financial matters only any more – our customers start to entrust us with other issues way beyond conventional banking.”

“In times of change, when global situation and Russian legislation develop rapidly, businesses and private individuals face a huge wave of new developments in the sphere of taxation. Nowadays, it is extremely important to continuously monitor changes in the legislation and easily navigate through them. We appreciate Gazprombank Private Banking’s initiative to organize this webinar for the bank’s customers and hope that the information we shared will help them make balanced decisions.” Ekaterina Lazorina, Head of Private Wealth Services practice, PwC Russia, noted.