2010 was a year of record growth for Private Banking. The team expects this growth rate to slow slightly, but to remain above 25% for the foreseeable further with profit for the business unit to increase further. This growth rate implies a marked expansion of relationship management in the coming years which will require more, well qualified people.
In Belgium, Triodos Private Banking will expand its existing private banking operations further, with a specific emphasis on private asset management. Triodos Private Banking intends to introduce private banking services in the UK in 2011 or 2012.
Albert van Zadelhoff, managing director