Barclays named “Best Private Bank in the Middle East” by Asian Private Banker for the second year in a row

Press release
Published March 16th, 2016 - 07:57 GMT
Cedric Lizin
Cedric Lizin

For the second consecutive year, Barclays was named Best Private Bank in the Middle East by Asian Private Banker (APB), recognising Barclays' superior value proposition and client centric service model in the region.

This recognition from Asian Private Banker comes from distinguished independent juries around the world and is considered to be one of the most prestigious awards for Private Banking. The prestigious accolade, which was presented to Barclays in recognition of its leading role in the wealth and investment management sector in the region, follows a series of awards and titles that the bank has received in this field over the years, with the most recent one being ‘Wealth Manager of the Year’ in the Middle East for 2015 by Global Investor.

The Asian Private Banker committee awarded Barclays the region’s Best Private Bank based on a number of factors, including the bank’s exceptional quality of service provided to its clients and its specialised open architecture platform that offers a full range of tailored products covering investments, credit and wealth advisory, in addition to the bank’s bespoke advisory services.

Cedric Lizin, Head of Middle East and Africa and Head of Business, Japan at Barclays Wealth & Investment Management, said: “We are delighted to have been named the ‘Best Private Bank in the Middle East’ for the second year in a row, which demonstrates our leadership position in investments and wealth management. As we continue to launch more products and services to meet our clients’ changing needs and requirements, we confirm our commitment to delivering exceptional services to our High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients that meet their individual requirements and risk for appetite. Our global execution capabilities, coupled with regional knowledge, provide a compelling offering to this clientele.”

Incepted in 2011, the Asian Private Banker Awards recognises excellence in private banking through a qualitative and quantitative points system, which is scored by a judging panel comprising of industry experts, as well as the editorial staff of the Asian Private Banker. 

Background Information

Barclays Corporate

With a strong focus on client relationship, Barclays Corporate provides integrated banking solutions to more than 100,000 businesses and organisations with an annual turnover of more than £5m around the globe.

Its clients are served via a network of relationship, industry sector and product specialist managers, who provide local access to tailored solutions constructed from a comprehensive range of products, services and expertise. These include: lending, risk management, trade, cash and liquidity management, and specialist asset and sales financing.

Additionally, clients are offered access to the products and expertise of other businesses in the Group, particularly investment banking through Barclays Capital and private wealth management through Barclays Wealth.

Barclays Corporate employs 13,000 globally.

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