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Business / Qatar Business

HSBC wins ‘Best Foreign Private Bank in the Middle East’ award

Published: 28 Mar 2016 - 01:39 am | Last Updated: 04 Nov 2021 - 01:13 am
Peninsula

Officials at the event held at Ritz-Carlton Hotel in Dubai.

 

DOHA: HSBC Private Bank’s Middle East operations received the  ‘Best Foreign Private Bank in the Middle East’ award.
Receiving industry’s most prestigious award at a ceremony held at the Ritz-Carlton Hotel, Dubai, Farzad Billimoria, Senior Executive Officer & Head, Private Banking, UAE said: 
“We’re honoured to be recognised in this way. I’d like to thank each and every one of our employees for their unwavering commitment to serving the needs of our clients, who rely on us to bring them the very best ideas from around the world each and every day. This award is testament to their commitment and skills.”
Amer Daouk, Managing Director & Business Head, Private Banking, UAE and Oman, added:“We’re living through a fascinating period for our industry with new opportunities created by the creation of significant wealth in emerging markets, and by a much younger generation of entrepreneurs. The UAE and Saudi Arabia which now host the youngest successful entrepreneurs in the world, creating their business at the age of just 26. Now is a very exciting time for our industry in this region.” 
HSBC Private Bank is one of the top international private banks in the Middle East, providing integrated banking, investment and wealth advisory services to clients across the region.

The Peninsula