Middle East Banking Elite Turn Out For Awards Season

Dubai, UAE - 15 December:  The Middle East’s banking elite turned out for the annual Bonds, Loans & Sukuk Middle East Awards held on the 7th of December.  280 of the region’s leading capital markets banking executives attended the ceremony alongside their corporate clients.  Amongst the many winners from the evening were HSBC who picked up 8 Winners’ trophies for arranging bond, sukuk and syndicated loan transactions for their clients; JP Morgan picked up 6; and Citi and Emirates NBD each took home 5 winning trophies. 

Amongst the issuers, the Sultanate of Oman, Ezdan Holding, Noor Bank, DP World, Boubyan Bank and the State of Qatar won Awards for bonds and sukuk deals, while EQUATE Petrochemical, Emirates Global Aluminium, Petroleum Development Oman, The Royal Jordanian Airlines and OSN all won Awards for their efforts in the syndicated loan markets. 

The Bonds, Loans & Sukuk Middle East Awards were hosted by GFC Media Group’s CEO, Alex Johnson, who said: “There were some major accomplishments by the industry in 2016, despite it being a year defined by volatility.  The Bonds, Loans & Sukuk Awards is a celebration of the spirit of the GCC banking sector, as well as an occasion to recognise outstanding achievement”.