Deutsche Bank has won EMEA Finance Magazine “Best Foreign Investment Bank in the Middle East 2011”. On top Deutsche Bank has been announced "Best Foreign Investment Bank in Saudi Arabia 2011" recognizing Deutsche Securities Saudi Arabia’s successful execution of landmark transactions in the Kingdom.
“We are very pleased to receive these awards which underline our strong and consistent commitment to the Middle East and its key Corporates and Institutions and have thus had a record year in 2011. It remains a priority within Deutsche Bank to contribute towards the establishment of a strong capital markets ecosystem in this region. This will ensure an effective access to the global and local capital markets for key entities in the Middle East in line with their successful regional and international plans”, said Ashok Aram, CEO Deutsche Bank MENA.
Commenting on the award, Christopher Moore, CEO and Publisher of EMEA Finance, said: “Deutsche Bank has proved itself to be an integral player in the Middle East’s capital markets. We were particularly impressed with its work on many of the most high-profile transactions during the past year, including debt, equity and Islamic transactions. A few of these stand-out deals include a multi-currency bond issuance for the International Petroleum Investment Company, a €1.25bn exchangeable bond for Aabar Investments and a SAR1.8bn sukuk for the Saudi International Petrochemical Company.”
This is the fourth consecutive year that EMEA Finance has recognised Deutsche Bank's excellence in investment banking in their annual Middle East Banking Awards.
For further information, please call:
Deutsche Bank AG
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Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.