FGB, one of the leading banks in the UAE, has won two 2014 Banker Middle East Industry Awards, including ‘Best Bank in United Arab Emirates’, for the second year running, and ‘Best Wealth Management Firm’. The awards were presented to bank executives at an awards ceremony at Emirates Towers Hotel in Dubai this week.
Organised by CPI Financial, the Banker Middle East Industry Awards is one of the region’s leading financial events. Awards were presented to banks and financial institutions in eight countries across the MENA region this year, following the analysis of published audited financial data, combined with a peer-vote process involving registered readers of the Banker Middle East, Islamic Business & Finance, Wealth Arabia and Finance ME, along with users of www.cpifinancial.net.
The event celebrates the best and brightest of the banking sector in the region, awarding winners which have outperformed their peers across a variety of important key performance indicators to achieve unrivalled growth and success in the last year. Facing stiff competition from over 200 institutions in the region, FGB has been recognised as a pioneer and standard-setter in finance with these awards, which highlight the bank’s outstanding financial performance through meeting the needs of its customers and consistently developing innovative, market-leading products and services.
André Sayegh, CEO of FGB, said: “FGB has achieved much over the past year and these awards are testament to the bank’s significant progress and success, as well as a true reflection of our brand and our commitment to ‘Be First’ anywhere and everywhere we operate. Our wealth management service is expanding all the time, with new gateways being established around the world for customers, most notably in Asia Pacific, following the recent launch of our Global Wealth Management service in Singapore. Across the bank, including our growing Treasury and Global Markets Group, Consumer Banking Group and Wholesale Banking Group, we will continue to develop and expand our products across geographies, markets, businesses and sectors, to provide FGB customers with services designed around their specific needs and objectives.”
Adam Broom, CEO of CPI Financial, publisher of the Banker Middle East, said: “The Banker Middle East Industry Awards are designed to encourage, inspire, and reward distinction in the banking and finance industry, recognising top performers and raising standards throughout the MENA banking sector.”
The news follows two award-wins for FGB in the 2014 Banker Middle East UAE Product Awards earlier this year, along with recognition for the bank at the 2014 MENA Insurance Awards ceremony in January, where FGB was named ‘New Market Trailblazer of the Year’.