SAUDI Fransi Capital (SFC) continued its achievements in investment banking by winning the Best Islamic Investment Bank in 2013 Banker Middle East Industry.
The award was received during the annual Banker Middle East 2013 CPI Award held in Dubai last Wednesday.
Yasir bin Othman AlRumayyan, Chief Executive Officer of SFC, expressed his gratitude for the award saying “we are proud of our repeated accomplishments and continued leadership at SFC. This achievement is evident of our leadership in investment banking.”
Adam Broom, CEO of CPI Financial magazine, added “with their success in the Best Islamic Investment Bank+ category in the 2013 Banker Middle East Industry Awards, it is clear that Saudi Fransi Capital is a regional leader within the sector and the recognition of their peers is likely to continue into the future.
As there were more than 20,300 voters this year, it is a clear endorsement of the company’s strategy.”
AlRumayyan thanked Broom for their efforts in serving the financial and banking sector, saying “SFC takes pride in the many awards they have achieved indicating their excellence in delivering investment banking products and solutions to their clients.
We have won various awards including Best Investment Bank in the Middle East by the Islamic Business and Finance magazine, Deal of the year 2013 by the Banker magazine – Financial Times Group (for the capital restructuring of Zain KSA), Deal of the Year “Project Financing” 2012 by the Islamic Finance magazine, Best IPO in the Middle East for the year 2012 from EMEA magazine, Award for Best Equity House in the Middle East Banking Awards by Euromoney and the Best Sukuk Restructuring by The Banker Middle East.
Winning such a huge number of prestigious awards during the year and attaining 41 percent market share of the Saudi IPO market in the last two years is evident of our excellence and leadership in this regard.” — SG