What is Art Banking and who is it intended for?
Art Banking is a service providing assistance in the field of art.
It is intended for UniCredit Bank’s Private Banking clients, whether they perceive art as an investment alternative or as having aesthetic and collectible value. Art Banking can be used by beginners as well as experienced collectors. We will be happy to help you with your individual requests (buying or selling a painting), as well as with your long-term plans (compiling a collection).
Who are we and what is important to us?
UniCredit Bank is the first bank in the Czech Republic to have a permanent internal advisor in the field of art, since 2007.
- We have many years of diverse experience in the field of art.
- Art Banking has its own extensive network of trusted partners, such as auction halls, galleries and experts.
- We work in accordance with the principles of private banking; discretion and an individual approach are important.
- We value our clients and provide this service free of charge as a bonus.
Art Banking offers
1. Art-history research and market analysis
Art Banking cooperates with renowned experts in various fields of art. Their opinion or expertise is often decisive, whether in terms of authenticity, quality or price. The next step in the overall evaluation of a work is its market valuation. Each work is unique and its price is determined by many factors, which include, among others, demand and supply in the market, as well as the history of the work.
2. Advice and assistance in the purchase and sale of works of art and collections in the Czech Republic and abroad
We sell or search for a work according to the client’s specification or connect with trusted actors in the art market, such as auction houses, galleries, collectors, and private art dealers. We also connect collectors from among our clients and enable the purchase of works directly from studios.
3. Assistance in the management of works of art and collections
Here, we primarily ensure specialised transport of the work, export permits, restoration, suitable storage of the work or framing and adjustment in cooperation with experienced specialists.
4. Compilation of collections, increasing their value
We focus on the future of the art collection so that we can create enduring value for future generations.
5. Contact with clients
- Art Banking Bulletin – a printed magazine about events in the world of art and the art market
- Private exhibitions with curators and directors of collections and institutions, art trips
- Pre-auction exhibitions with experts focused on the purchase of art