South Indian Bank introduces wealth management platform, SIB Wealth

South Indian Bank

South Indian Bank, in collaboration with Geojit Financial Services, announces the launch of a wealth management platform.

SIB Wealth is a unique value-added service that will assist the bank’s high net worth (HNI) customers in investing their money in the greatest financial instruments on the market. SIB will provide the following products/services through the platform:

To put the service offering into action, South Indian Bank has partnered with Geojit Financial Services, an investment services firm with over 35 years of experience in providing effective financial solutions.

Thomas Joseph K, EVP & Group Business Head, South Indian Bank, said, “Demand for professional wealth management services has increased in recent times. In our nine decades of legacy, our aim has always been to provide the best-in-classs services to our customers. This service will help the HNI customer base with appropriate financial products and advisory to enable them to maximise their wealth. I’m confident that SIB Wealth will prove to be one of India’s most comprehensive wealth management platforms.’’

Also Read | South Indian Bank gross advances increases by 18 per cent YoY in Q3

Jones George, Executive Director, Geojit Financial Services, further elaborated, “We hope to leverage the same to provide investment solutions based on our over 35 years of expertise in the Indian capital market. This will enable the bank’s account holders to maximise their wealth through tailored investment solutions. We are sure that SIB Wealth will add to SIB’s robust brand proposition.”

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