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Jun 20 2011

Bank Sarasin named Cross-Regional Sustainable Bank of the Year 2011

The Financial Times and the International Finance Corporation (IFC), a member of the World Bank Group, have named Bank Sarasin the Cross-Regional Sustainable Bank of the Year, at the 2011 FT/IFC Sustainable Finance Awards.

"Having placed sustainability at the very heart of our corporate philosophy and given our twenty years of experience in sustainable investment, it is a particular honour to have our work recognised by such a prestigious award. The fact that institutions of the calibre of the Financial Times and the IFC continue to place such great importance on the development of sustainable financial services cannot be over-estimated. Sustainability is a worldwide issue and is now becoming an international trend - we are delighted that our international efforts have been acknowledged by our winning of the award in the cross-regional category," commented Joachim H. Straehle, CEO of Bank Sarasin

The FT/IFC Sustainable Finance Awards have been established as leaders in recognising the achievements of banks and other institutions focused on sustainable development. The 2011 awards attracted a record 187 entries from 161 institutions in 61 countries.

The awards were presented at a gala event on 16 June 2011 in London attended by some 200 senior decision-makers from the world of finance and sustainability.

"We are greatly encouraged by the response to this year's awards, which is evidence of the growing commitment among institutions across the financial industry to make sustainability a core part of their business. The quality of this year's entries was very high and the judging panel had some difficult decisions to make," said Martin Dickson, Deputy Editor of the Financial Times and co-chair of the awards judging panel.

"The FT/IFC Sustainable Finance Awards highlight how financial institutions create shared value that benefits both shareholders and society, " said Lars Thunell, IFC Executive Vice President and CEO. "

-Ends-

Sarasin - Sustainable Swiss Private Banking since 1841. - www.sarasin.com
The Sarasin Group has its roots as a leading Swiss private bank. As an international financial service provider committed to sustainability, the Group is now represented in more than 20 locations in Europe, the Middle East, and Asia. By end of December 2010 it managed total client assets of CHF 103.4 billion and employed around 1,600 staff. Its majority shareholder is the AAA-rated Dutch Rabobank.

Bank Sarasin -Alpen (ME) Ltd - www.sarasin-alpen.com
The Sarasin Group is represented in the Middle East and India as Sarasin-Alpen. Bank Sarasin -Alpen (ME) Ltd, Dubai is regulated by the Dubai Financial Regulatory Authority (DFSA) and has offices in the Dubai International Financial Centre (DIFC). This subsidiary of Bank Sarasin & Co. Ltd, Switzerland provides a comprehensive range of Bank Sarasin 's first-class private banking services. Apart from UAE, Sarasin-Alpen has offices in Bahrain, Qatar, Oman and India and caters to the requirements of private and institutional clients in the Middle East and South Asia.

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For more information please contact:
Sameena Ahmad
Corporate Affairs
T: +971 (0)4 363 43 00
e-mail: sameena.ahmad@sarasin-alpen.com

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For more information contact:
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Sana Lababidi
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Fax : 04 3415559
Email : sana@raeepr.com

© Press Release 2011

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