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Abu Dhabi - FGB, one of the leading banks in the UAE, has been named 'Most Impressive Middle East Borrower' at the 2015 GlobalCapital Bond Market Awards. FGB representatives received the award at a ceremony recently held at London's Guildhall.
The ceremony was held as part of GlobalCapital's ninth annual gala dinner, to celebrate the best borrowers, banks and bankers in the sovereign, supranational and agency, FIG, corporate and emerging markets sectors.
The awards were judged through an extensive market poll which asked banks to vote for the issuers and borrowers they consider to have performed the best throughout the past 12 months. They recognise the issuers that have overcome the challenges of volatile markets during a year which called for investors to hit ever smaller yield targets and meet an ever more demanding list of regulations, and the banks that have best supported their clients.
FGB scooped the award after being shortlisted for the Most Impressive Middle East Borrower category, alongside Emirates NBD and Emirates Telecommunications Corporation, earlier this month. The bank was also shortlisted for the 'Most Impressive Emerging Market Financial Institution Borrower' award.
FGB's Head of Treasury & Global Markets Group,Christopher Wilmot, said: "The past 12 months has been a period of significant growth and success for FGB. Throughout 2014, we participated in several prominent transactions, diversifying our sources of funding from the Middle East, Europe, Australia and Asia, and expanding our global footprint. This award is testament to the strides we've made over the past year and we're very pleased to receive this prestigious recognition."
The GlobalCapital annual gala event, which is one of the bond industry's most respected annual awards dinners, gives the world's issuers and capital markets bankers an opportunity to celebrate the achievements of the past year and look forwards to the challenges ahead. Hundreds of market professionals attend the event each year, to reflect on the best that the bond industry has to offer.
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About FGB
As a major leading Bank in the UAE, FGB had Shareholder Equity of AED 31.6 Billion as of March 31st, 2015 making it one of the largest equity based Banks in the UAE. Established in 1979 and headquartered in Abu Dhabi, UAE, the Bank offers a full range of financial services to business and consumer sectors throughout an extensive network of branches across the UAE. Internationally, FGB has branches in Singapore and Qatar, representative offices in India, Hong Kong, Seoul and London and a subsidiary in Libya.
Today, FGB is recognised as a world-class organisation committed to maximising value for shareholders, customers and employees as it focuses on delivering banking products and services that meet client needs and support the UAE's dynamic economy. In line with its commitment to excellence the Bank continues to invest significantly in people and technology to provide superior service standards.
FGB received double honours from industry publication Cash Management Matters (CMM) for 'Best Bank Award for Trade Finance and Corporate Banking', in addition to obtaining benchmark status in the CMM Trade Finance Tajara Monitors 2014. The bank was also recognised as the "Most Innovative Service Provider" at the 2015 MENA IR Insurance Awards and received seven 2015 Banker Middle East UAE Product Awards: 'Best Call Centre', 'Best Credit Card', 'Best Personal Loan', 'Best Wealth Management Service/Proposition,' 'Best Offshore Wealth Proposition', 'Best Deposit Account Product' and the 'Best Bancassurance Product' award for the second year in a row. FGB has also recently won two Interactive Media Awards for its My FGB Card and FGB Wealth websites. The bank won awards in the 'Best in Class' and 'Outstanding Achievement' banking categories, respectively.
For more information about FGB, visit the website at: www.fgb.ae
Take a look at FGB's social media profiles using the following links:
Facebook: FGB
Twitter:@FGBConnect
Instagram:FGBConnect
YouTube: The FGB Channel
Linkedin: FGB
For media inquiries, please contact:
Ghaleb Zeidan
Weber Shandwick MENA
Phone: + 971 50 778 2286
Fax: + 971 2 449 4833
Email: GZeidan@webershandwick.com
Jennifer Cain
Weber Shandwick MENA
Phone: + 971 55 4741105
Fax: + 971 2 449 4833
Email: JCain@webershandwick.com
Hiba Haddad
Weber Shandwick MENA
Phone: + 971 56 1679577
Fax: + 971 2 449 4833
Email: hhaddad@webershandwick.com
© Press Release 2015
