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.
“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,” Euromoney Editor Clive Horwood said.
“These awards attest to our continued success in delivering creative, world class solutions,” David Ludlow, Regional Head of the Strategic Client Coverage Group, who accepted the Best Investment Bank Award on behalf of the Bank, said.