Standard Chartered named Best Investment Bank in the Middle East
Standard Chartered also clinches Middle East's Best Project Finance House Award
14 June, UAE - Standard Chartered has been named "Best Investment Bank in the Middle East" and "Best Project Finance House" by pre-eminent international finance magazine Euromoney. The awards were presented at the 2011 Euromoney Middle East Awards for Excellence Dinner in Dubai.
In recognising Standard Chartered for the award of "Best Investment Bank in the Middle East," Euromoney Editor Clive Horwood said: "Among the global investment banks, Standard Chartered has been among the best positioned in terms of sustained health at group level during the global financial crisis. While rivals were in retreat, it has had the will and the ability to continue to provide financing in all sectors across the region. Its strength in Asia and Africa has helped the bank's Middle East business benefit from the increasing trade and investment between the emerging markets."
David Ludlow, Regional Head of the Strategic Client Coverage Group, who accepted the Best Investment Bank Award on behalf of the Bank said,
"These awards attest to our continued success in delivering creative, world class solutions to our clients across the product spectrum. It's great to see that success recognised by a global magazine that is widely read by our clients as well as our competitors."
For further information, please contact:
Nimmi Kamal
Head Corporate Affairs Bahrain, Standard Chartered Bank
Tel: +973 3977 0760
E-mail: Nimmi.Kamal@sc.com
Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and 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.
With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for more than 80,000 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. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.
For more information on Standard Chartered, please visit: www.standardchartered.com
Euromoney
Euromoney Magazine is the flagship title of London based financial communications company Euromoney Institutional Investor PLC. Founded in 1969 by Sir Patrick Sergeant, Euromoney Magazine is the voice of the international capital markets and for over 41 years has offered unparalleled coverage of the global bond, equity and foreign exchange markets Euromoney Institutional Investor PLC is a constituent of the FTSE-250 index and is listed on the London Stock Exchange.
Regarded as the benchmark awards for financial services globally, the Euromoney Awards for Excellence are now in their 21st consecutive year. This year's awards process, which began in April, attracted over 700 submissions from the world's banks and brokerage houses. Euromoney's dedicated research team and awards panel then rated all the submissions on both quantitative and qualitative factors such as KPIs, financial ratios and innovation over the 12 month period to decide the award winners.