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164364
Sun, 02/27/2011 - 10:04
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NBAD wins best arranger of Middle Eastern Loans Award

Abu Dhabi, Feb 27, 2011 (WAM) - The National Bank of Abu Dhabi (NBAD) has won the “Best Arranger of Middle Eastern Loans” award at Euroweek’s 8th Annual Syndicated Loans and Leveraged Finance Awards 2010, as the first bank from the region to win this award.
The National Bank of Abu Dhabi (NBAD) has won the “Best Arranger of Middle Eastern Loans” award at Euroweek’s 8th Annual Syndicated Loans and Leveraged Finance Awards 2010, as the first bank from the region to win this award.
Euroweek, a London-based weekly publication, announced NBAD the winner of the award, with Bank of Tokyo - Mitsubishi UFJ (BTMU), HSBC and Standard Chartered (SCB) being runners up.
The Euroweek Syndicated Loan Awards are voted for by market participants in a poll that was conducted in November and early December 2010.
“NBAD’s story and progress mirrors the development of Abu Dhabi’s and the UAE as a whole. This recognition by a reputed international publication helps cement the importance of Abu Dhabi and the United Arab Emirates in global finance,” said Mark Yassin, the Senior General Manager of NBAD’s Corporate and Investment Banking Division.
Fawaz Abusneineh, the Head of Syndications & Specialised Portfolio at NBAD accepted the award on behalf of the Bank. - Emirates News Agency, WAM

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