Manama, Bahrain: Global Banking Corporation B.S.C (c) (GBCORP) participated in the MENA Private Equity Business Summit held in Dubai from 11 to 13 September, 2011. The Summit, held in association with CNBC Arabiya, provided an in-depth coverage of the latest regional developments and growth opportunities within the private equity industry with focus on value creation, identifying investment opportunities and building business confidence.
Mr. Oscar Silva, CEO of Global Banking Corporation, was one among expert speakers including CEOs and senior executives attending the Summit. Mr. Silva also was the Chairman of two discussion panels dealing with private equity general developments and family businesses in the Gulf.
CNBC Arabia also carried an interview with Mr. Silva. The televised discussion addressed a number of topics including the current state of the financial markets, investors' concerns on global political and economic stability, the GCC investors' perspectives and the role of emerging markets team in investors' portfolios and in the current transfer of wealth from industrialized economies. Mr. Silva summarized his participation as follows: "The private equity industry in the region is going through a very challenging period giving the global economic environment and regional political developments. Nevertheless, we at GBCORP remain optimistic on investment opportunities in the region and emerging markets as a whole."
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ABOUT GBCORP
A Global Investment bank for today's markets
Global Banking Corporation B.S.C. (c) (GBCORP), started operations in Bahrain in June 2007. GBCORP has set itself the challenging vision to be a leading investment bank in the GCC. We intend to have a global reach and be able to merge international investment excellence with local expertise. We have an underlying commitment to provide Shari 'a compliant investment banking services for high net worth individuals and families, corporate and government clients.
GBCORP pursues a dynamic business model, focusing on asset and wealth management, private equity, corporate finance and advisory, structured finance and investment placement and advisory services.
GBCORP's shareholders and members of the Board are prominent personalities from leading business families within the region and together they bring a wealth of financial strength and expertise to the organization.
GBCORP's strategy is aimed at capturing a meaningful share of the global Islamic banking market and leveraging on its regional expertise and experience to establish a global presence, linking the region to global markets and actively facilitating global investment opportunities through partnerships for mutual development.
In a short span of four years, GBCORP has received global acknowledgments from industry leaders. GBCORP was honored with the 'Leader in Islamic Investments - 2010' award during the Arab Investment Summit in Ras Al Khaimah.
GBCORP was voted the 'Best Islamic Bank in Bahrain' in 2009 and 'Best New Bank' in 2008 by Islamic Finance News [IFN], Malaysia. GBCORP also received the 'Best New Bank' award from CPI Financial and the GCC Europe Expo Award for 'Best Business Innovation of the Year' in 2008.
For more information, contact:
GBCORP
Sara Ahmed Buhijji
Assistant Manager - Corporate Communications
Mobile +973 3 602 1117
Sbuhijji@gbcorponline.com
© Press Release 2011
