Usually means: Banking services for wealthy individuals.
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We found 6 dictionaries that define the word private bank:

General (6 matching dictionaries)
  1. private bank: Longman Dictionary of Contemporary English
  2. private bank: Merriam-Webster
  3. private-bank: Wordnik
  4. Private bank: Wikipedia, the Free Encyclopedia
  5. private bank: Wiktionary

Definitions from Wiktionary (private bank)

noun:  A bank involved in private banking

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