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Standard Chartered: Best Private Bank for Super Affluent Clients in the UAE

Euromoney recognizes Bank’s excellence in Wealth Management

18 March 2013 , | United Arab Emirates - Standard Chartered has been voted the ‘Best Private Bank for Super Affluent Clients in the UAE’ for 2013 by world-renowned financial publication, Euromoney. The results were announced at the Private Banking Survey Awards dinner held recently in London.

Sumeet Bhambri, Head of Wealth Management  and Priority and International Banking, Middle East
Sumeet Bhambri, Head of Wealth Management and Priority and International Banking, Middle East - Download Picture

Euromoney’s Private Banking Awards are considered the most prestigious in the wealth management and financial industry. The awards are independently evaluated through the Euromoney Awards survey, which provides a qualitative and quantitative review of the best services in private banking by region and by areas of service. It covers over 60 countries each year, and is voted for by the people who know the industry best – the private bankers themselves.

Factors such as assets under management, profitability, ratio of clients to relationship managers, and services offered, among other things, are all considered in developing the ranking of top private banks. The award also acts as an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available.

Commenting on the awards, Sumeet Bhambri, Head of Wealth Management and Priority and International Banking, Middle East said:

"Standard Chartered adopts a customer-focused approach to provide its customers with an exceptional banking experience. The UAE is one of Standard Chartered’s most important markets globally and we remain committed to providing our customers with world class financial products and services that cater to their specific needs across Asia, Africa and the Middle East."

Standard Chartered has been operating in the UAE since 1958 and has the largest distribution network among international banks with 11 branches, five Electronic Banking Units and more than 130 ATMs and CDMs.

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For more information, please call:
Ramy Lawand
Senior Regional Manager, Corporate Affairs,
Standard Chartered Bank
Tel: 00971 4 508 2564
Mobile: 00971 56 6759894

Note to Editors:

Standard Chartered – leading the way in Asia, Africa and the Middle East
Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.

With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities for nearly 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. Standard Chartered's heritage and values are expressed in its brand promise, 'Here for good'.

For further information please visit Follow Standard Chartered at and on Twitter @StanChartMENAP.

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