Who is eligible for Private Banking – is there a minimum net worth or balance required?

Prominence Bank doesn’t publicly advertise a strict cutoff, but Private Banking is indeed aimed at high-net-worth individuals (HNWIs). Typically, if you have substantial assets (for example, a liquid net worth in the millions of euros) or complex financial affairs that need custom management, you would qualify. In practice, clients who maintain significant balances or investments (often €1 million and up) with the bank are serviced under the Private Banking umbrella. We also consider a client’s overall profile – business influence, unique needs, etc. – it’s not purely a number. If you are interested, the best approach is to speak with us; we may invite you to Private Banking if we believe we can add special value to your situation. Being a private client ensures you get the highest level of service and discretion. If someone comes in through our standard onboarding but clearly fits HNWI criteria, we seamlessly upgrade them to a private client relationship manager. There’s no additional cost to be classified as Private Banking per se (aside from the expectation of larger engagement with us). So, while there’s no hard rule, think in terms of seven-figure relationships with the bank as a guideline.