HSBC Bank ( Vietnam ) Ltd has been named the Best Overall Private Bank in Vietnam in the Euromoney Private Banking and Wealth Management Survey 2011.

The survey evaluates banking services targeting high net worth clients, in which the respondents are private banks that identify the companies they perceive as the top providers of both competitive and non-competitive services.

Components of the survey include a bank's performance figures and the opinions of individual frontline banking staff on the relative merits and demerits of their banks and its competitors, according to an HSBC statement released on March 15.

The results of this year's survey were based on the votes of more than 1,500 private banking professionals across the globe./.