02 March, 2017
Recognising Barclays’ “Integrated Banking Model” & Quality service
Dubai, UAE: Barclays was named ‘Best Private Bank’ in the United Arab Emirates during the ‘Middle East Banking Awards ceremony’, which is organised by EMEA Finance, a leading banking and finance publication specialising in Europe, Middle East and Africa.
The awards, which took place in Dubai yesterday, recognised of the level of service Barclays offers its private banking clients in the UAE, as well as the full range of bespoke investments, credit and wealth advisory products provided by the bank. In addition, the award recognised Barclays’ ‘Integrated Banking Model’, which allows clients of the Wealth and Investment Management division in the Middle East to access Barclays’ regional and global capabilities available through the Investment and Corporate Banks.
“This award is a testament to the trust our clients in the UAE place in us. The quality of our customised advice, coupled with our unparalleled regional and global expertise, provides clients with an unmatched offering”, said Cedric Lizin, Head of Middle East and Africa, Barclays Wealth and Investment Management. “Our strategy for this year is to continue to grow our operations across the region, expanding our client-facing private banking team, as well as our regional Assets under Management”.
Over the past few years, EMEA Finance has recognised Barclays’ offering and services in the region on multiple occasions, awarding the bank with a number of accolades including the ‘Best Private Bank in Qatar’ and ‘Best Foreign Investment Bank in the MENA region’.
“EMEA Finance is proud to celebrate the best in banking and finance across the Middle East. Barclays has repeatedly appeared in our Middle East Banking Awards over the past nine years, and our 2016 awards package is no exception,” says Christopher Moore, publisher of EMEA Finance magazine. He continued, “Barclays continuously demonstrates its ability to provide customers with best in class products and services in its wealth management business, while minimizing the risks associated with markets volatility by deploying its ‘Integrated Banking Model’.”
The EMEA Finance Middle East Banking Awards celebrate the achievements of retail and investment banks, asset managers, and brokerage houses in the Middle East region. EMEA Finance is a leading bi-monthly global industry publication that reports on the major financial events and developments initiated and influenced by the international financial industry active in the EMEA region.