Deutsche Bank today announced Islamic Finance News has recently recognized the Bank as Best Islamic Trustee / Custodian in its 2011 Best Banks Poll. This is the second consecutive year Deutsche Bank has achieved this recognition.
The Islamic Finance News 2011 Best Banks Poll takes an unbiased and all-encompassing approach in selecting the best banks in the world. The poll, including votes from issuers, investors, non-banking financial intermediaries and government bodies from around the world, recognizes the best providers of Islamic financial services across a series of markets.
F. Jim Della Sala, Global Head of Trust and Agency Services, Deutsche Bank, said, “We are honoured to have received this prestigious title from Islamic Finance News. Through both our Trust and Agency Services and Direct Securities Services businesses we are committed to delivering world-class trustee and custody solutions to our clients in the growing Islamic Finance market and throughout the globe.”
Sriram Iyer, MENA Head of Global Transaction Banking, Deutsche Bank, said, “Our expansion in MENA and Asia has mirrored the impressive growth in Sukuk transactions. Deutsche Bank is pleased to have supported landmark deals and leading-edge transactions that have distinguished us as a trustee and custodian leader in the Islamic Finance market. We look forward to continuing to demonstrate the depth of our capabilities, commitment and customer focus.”