Deutsche Bank announced today that is has been named Investment Bank of the Year by EMEA Finance Achievement Awards 2013, an award which highlights an institution that has delivered on some of the year's biggest and best deals across markets and geographies. Furthermore, the bank won several house awards for Best equity house in the Middle East, Best bond house in EMEA and Best depository receipt house in EMEA all testament to industry-leading performance in the market.
In addition, Deutsche Bank was recognized for its role in Emirates Airline's US$750mn issuance with Best corporate bond in the Middle East award. Furthermore, the bank received the awards for Best IPO in the Middle East for Al Noor Hospital, Best Islamic borrower for Ooredoo and Best corporate sukuk for Saudi Electricity Company's US$2bn issuance.
“We are honored to receive these recognitions from EMEA Finance which demonstrate our expertise and capabilities in the industry. Deutsche Bank continues to play a crucial role in contributing towards the establishment of a strong capital markets ecosystem and we are eager to consistently set precedents to demonstrate our commitment to provide best-in-class financial solutions for regional clients” said Ashok Aram, Chief Executive Officer Deutsche Bank MENA.
Ahmed Beydoun, Deutsche Bank’s Head of Equities for the Middle East and North Africa region said: “It is very gratifying to receive the recognition for Best equity house in the Middle East from EMEA Finance. The award recognizes the significant investments that Deutsche Bank has consistently made in its equity franchise in the region throughout the years. Deutsche Bank is strongly committed to the local markets which offer huge potential and great opportunities.”