The publishers of FinanceAsia magazine have released the Best Private Bank Country Awards for 2009.

From Wikipedia: ” Private banking is a term for banking, investment and other financial services provided by banks to private individuals investing sizable assets. The term “private” refers to the customer service being rendered on a more personal basis than in mass-market retail banking, usually via dedicated bank advisers. It should not be confused with a private bank, which is simply a non-incorporated banking institution.”

The Best Private Banks in Asia for 2009 are:

China – Bank of China
Hong Kong – HSBC Private Bank (HBC)
India – Kotak Mahindra Bank
Indonesia – Bank Mandiri
Malaysia – CIMB Private Bank
Philippines – BDO Private Bank
Singapore – DBS Private Bank (DBSDY)
South Korea – Samsung Securities Private Bank
Taiwan – Chinatrust Commercial Bank