Deutsche Bank was voted the
Base Metals House of the Year and the
Natural Gas US House of the Year by
Energy Risk in their annual awards announced this week.
In the write-up on the Base Metals award,
Energy Risk said that Deutsche Bank’s investment in its industrial metals platform had “paid dividends”. It stated that there had been “great demand” for Deutsche Bank’s inventory financing and physical metal products and services, and said that Bank had “made great strides in less traditional and emerging metals markets”.
Energy Risk described Deutsche Bank as a “pioneer” in the iron ore derivatives market, and a EUR 100m collateralised loan arranged by the Bank as an “impressive” transaction.
In its write-up on the Natural Gas US House of the Year award, Energy Risk said that Deutsche Bank had won the award because of the number of new natural gas-enabling agreements it had signed over the past year, and the significant increase in its client base.
Deutsche Bank has won a wide range of commodity awards over the past 12 months. Earlier this year, Deutsche Bank was ranked the world’s No.2 overall commodity dealer by end users in a poll carried out by
Risk and
Energy Risk, up from No.5 last year.
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