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Banque Havilland Monaco S.A.M

Interview with Patrick Dauguet, CEO of banque havilland monaco S.A.M.

What is the story of Banque Havilland and Private ownership provides the group and an entrepreneurial heritage. This is in our
its key dates? its clients with stability and consistency DNA and allows us to advise our clients on
Banque Havilland S.A. was founded in 2009 allowing it to take a long-term approach to the solutions for their personal and professional
in Luxembourg, where it has its head office. management of client wealth and generational financial needs.
Today, it is present in Monaco, Liechtenstein, client relationships.
London, Dubai, Geneva and Zurich. Banque How did you experience the covid crisis?
Havilland Monaco S.A.M. has been opened What are the specificities/added values of The Business Continuity Plan (BCP) to
in 2011. Havilland group is owned and your bank? which Banks are subject to aim precisely
established by an entrepreneurial British We are an independent and open architecture at anticipating this type of situation, and
family with a successful track record across bank which allows us to focus on clients’ it has proven to be effective. The technical
many different business sectors. Banque needs that go beyond simply offering a and organisational adaptations allowed
Havilland has been built on strong financial broad range of services. Our drive is to 75% of the staff to start working from
foundations following conservative principles. make complex and sophisticated products home within a few days. Teleworking is
easier to understand one of the lessons of this crisis, a positive
to empower clients evolution of the corporate culture and
in their decision human resources management. While we
making. We aim have seen little impact of the crisis on our
t o nur t ur e our clients and our services, health restrictions
clients’ financial are limiting commercial initiatives (travelling,
interests and to events, face-to-face meetings) which could
help them ensure impact our development. But here again,
that their legacy the need to adapt to the constraints has
can be preserved accelerated the development of new modes
an d p r u de n tly of communication (videoconferencing,
continued for the webinars, virtual forums, etc...) which is
next generations. also positive and encouraging.

What is the profile Has your client status now changed? We
of your clients? ask, as two thirds of residents are affected
Banque Havilland by the changes in standards with regards to
offers its services onshore classification.
to entrepreneurs Banque Havilland Monaco will celebrate its
or families who 10th anniversary in July this year. One of the
require seamless main developments concerns the change in
cross-border banking proportion of residents with onshore status
services, but also to from 1/3 in 2011 to 2/3 today. In addition
institutional clients. to the changing status of clients, their
All our clients can expectations have also evolved over the last
benefit from the decade, and people no longer come to the
advantages of a Principality for the same reasons. The search
rob u st b an kin g for asset management performance, financial
platform located and wealth engineering, and tailor-made
a cr oss se v en services are all incentives that are pulling the
financial centres banking sector upwards and allowing
while dealing with a Monaco to establish itself as an international
boutique bank with financial platform.

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