The Banker Middle East Industry - PR (Best Banking Technology Partner - Maveric Systems)

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We take great pride in announcing that Maveric Systems has been awarded by The Banker Middle East Industry in the category of 'Best Banking Technology Partner'

We take great pride in announcing that Maveric Systems has been awarded by The Banker Middle East Industry in the category of 'Best Banking Technology Partner'

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  • 1. Press ReleaseRecognising excellence among the region’s key financial institutionsThe Banker Middle East Industry Awards 2013 mark another year of success for the region’s banksand finance houses as MENA region economies continue to build a solid foundation for the future.(Dubai – 19 June, 2013) – More than 450 top financiers from around the MENA region attended aGala dinner held at the Jumeirah Emirates Towers in Dubai where the winners of the 14th annualBanker Middle East Industry Awards were revealed.The peer-voted awards were dominated by institutions active in the UAE, taking 32 out of the 50awards in this section. However, the top accolade of Best Bank in the Middle East went, for the thirdyear running, to Qatar National Bank.Sponsored by Union BancairePrivee, the Awards were partnered by Hawkamah, the Institute forCorporate Governance. The ceremony also played host to the 2013 Hawkamah Bank CorporateGovernance Awards.CPI Financial’s own commitment to increasing transparency in the awards process saw a total of 18awards going to banking institutions in nine countries1as a result of straightforward analysis offinancial reports.“Our partnership with Hawkamah for the second year in a row underlines our own commitment totransparency and understandable methodology for our awards. Analysis of financial performancebased on institutions’ own published figures offers clear and unarguable relative performance datafor the region’s banks,” said Adam Broom, Chief Executive Officer of CPI Financial.Compiled as the CPI Financial 100, this research, now in its fourth year, is calculated using banks’own published financial metrics. The top 100 banks in the Middle East controlled assets worth $1.66trillion, up from $1.47 trillion the previous year and together made aggregate net profits of $26.94billion in 2012, rising 5.3 per cent on the previous year.TheBanker Middle East Industry Awards recognise both corporate and individual distinctionsamongst top performers in the industry. Acknowledging the contribution of individuals to theregional industry, Mohammed Abdulla Alqubaisi, Chairman of Finance House, was honoured withthe ‘Lifetime Achievement Award’; Steve Troop, Group Chief Executive Officer of Barwa Bank wasnamed ‘Banker of the Year’.“The Banker Middle East Industry Awards set the benchmark for the MENA financial sector. Ourcommitment to raising the bar in the quality of our Awards process ensures that we will continue todo so,”said Robin Amlôt, Managing Editor of CPI Financial.“We are very proud to be able to honour1GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates); Jordan; Lebanon; Palestine
  • 2. CPI Financial FZ LLC, Al Shatha Tower, Floor 33, Office 06, Dubai Media City, Dubai, UAEwww.cpifinancial.netall that is best in the performance of the region’s banking and finance sector – our winners are keyplayers in building a prosperous future for all the MENA economies.ENDSAbout Banker Middle East and the Banker Middle East Industry AwardsFor more than a decade Banker Middle East has been serving the banking and finance industry in theMENA region. It is the only magazine to focus exclusively on the MENA financial sector, providingaccurate reporting, in-depth analysis and unbiased editorial.Banker Middle East offers a unique insight into the latest trends and events shaping the business ofbanking. In keynote interviews and features. Banker Middle East analyses the full range of bankingactivities, from corporate to retail, treasury and capital markets, security, e-banking, Islamic finance,investment banking, project finance, private equity and more.The annual Banker Middle East Industry Awards are designed to recognise those banks and financialinstitutions that are pioneers and standard-setters in finance. In 2013 the Awards were partnered byHawkamah, the Institute for Corporate Governance, and sponsored by Union BancairePrivee.About CPI FinancialCPI Financial was established in Dubai in 1999 to meet the needs of an ever expanding, increasinglysophisticated financial community, offering a comprehensive portfolio of market-leading productsand services tailor-made for the banking and financial sector. CPI Financial is the Middle East’sleading financial publisher.Issued on behalf of CPI Financial. For more information please contact:RizzaInfante, Tel: +971 (0)4 391 4682, rizza@cpifinancial.netRobin Amlôt, Tel: +971 (0)4 391 3723, robin@cpifinancial.net
  • 3. CPI Financial FZ LLC, Al Shatha Tower, Floor 33, Office 06, Dubai Media City, Dubai, UAEwww.cpifinancial.netThe Banker Middle East Industry Awards 2013 – the winners in fullBest Bank Qatar National BankIndividual AwardsBanker of the Year Steve Troop - CEO of Barwa BankLifetime Achievement Award Mohammed Abdulla AlqubaisiBanker Middle East Industry Awards – votedThe following awards were based on votes cast by the readership of Banker Middle East and the registeredusers of www.cpifinancial.net:Best Regional Commercial Bank Doha Bank (Qatar)Best Regional Retail Bank Blom Bank (Lebanon)Best Corporate Bank ADCB (UAE)Best Development Bank Bahrain Development Bank (Bahrain)Best Foreign Bank Citi (USA [UAE])Best Investment Bank Alpen Capital (UAE)Best Premium Bank Al Khaliji Commercial Bank (Qatar)Best Private Bank LODH (Switzerland [UAE])Best Project/infrastructure Bank NBAD (UAE)Best Transaction Bank ADCB (UAE)Best Domestic Bank Gulf Bank (Kuwait)Best Domestic Commercial Bank National Bank of Fujairah (UAE)Best Domestic Retail Bank United Arab Bank (UAE)Best Islamic Bank Barwa Bank (Qatar)Best Islamic Corporate Bank Emirates Islamic Bank (UAE)Best Islamic Investment Bank Saudi Fransi Capital (KSA)Best Islamic Retail Bank Dubai Islamic Bank (UAE)Best Islamic Premium Bank The Saudi Investment Bank (KSA)Best Islamic Window Mashreq Al Islami (UAE)Most Improved Bank Commercial Bank International (UAE)Best Asset Management Firm Al Rajhi Capital (KSA)Best Private Equity Firm Gulf Capital (UAE)Best Islamic Wealth Management Firm NCB Capital (KSA)Best Family Officer Manager Julius Baer (Switzerland [UAE])Best International Fund Manager ING Investment (Netherlands [UAE])Best Regional Fund Manager Emirates NBD Asset Management (UAE)Best Islamic Fund Manager Al Khabeer Capital (KSA)Best Wealth Management Firm HSBC (UK[UAE])Best Sukuk Arranger Barwa Bank (Qatar)Best Investment Research Provider Jadwa Investments (KSA)Best Brokerage company Arqaam Capital (UAE)Best Forex Trading Platform Alpari (UK [UAE])Best Online Trading Provider ADS Securities (UAE)Best Corporate Finance Company Finance House (UAE)Best Home Finance Company Abu Dhabi Finance (UAE)
  • 4. CPI Financial FZ LLC, Al Shatha Tower, Floor 33, Office 06, Dubai Media City, Dubai, UAEwww.cpifinancial.netBest Retail Finance Company First Finance (Qatar)Best SME Finance Company Gulf Finance (UAE)Best Foreign Exchange/Remittance Provider Travelex (USA [UAE])Best International Insurance Company AIG (USA [UAE])Best Local Insurance Company Insurance House (UAE)Best Banc Assurance First Gulf Bank (UAE)Best Risk Management Practice Gulf Bank (Kuwait)Best Banking Innovation Mashreq Bank (UAE)Best Banking Technology Partner Maveric Systems (India [UAE/KSA])Best Technology Implementation Mashreq Bank (UAE)Best Advisory/Accountant/Consultant Cedar Consulting (UAE)Best Branding SABB (KSA)Best Client Acquisition Programme Boubyan Bank (Kuwait)Best CSR initiative Bank of Beirut (Lebanon)Best Independent Financial Advisor Nexus (UAE)Where more than one country is listed after a winner’s name, the first country is the company’s internationaldomicile and the second (and any subsequent) country named is the regional market place in which theactivities of the company were considered for the award.Banker Middle East Industry Awards – CPIF 100These awards were made based on the quantitative and qualitative financial research carried out in thecreation of the CPI Financial 100 listing of regional financial institutions. Using metrics derived from publishedfinancial data, these awards identified the fastest growing and the best locally licensed and domiciled financialinstitutions in each of the following nine countries:Best Bank In Saudi Arabia Al Rajhi BankBest Bank in United Arab Emirates First Gulf BankBest Bank in Qatar Qatar National BankBest Bank in Kuwait National Bank of KuwaitBest Bank in Bahrain Ahli United BankBest Bank in Oman Bank MuscatBest Bank in Jordan Arab BankBest Bank in Lebanon Bank AudiBest Bank in Palestine Bank of PalestineFastest Growing Bank In Saudi Arabia Alinma BankFastest Growing Bank in United Arab Emirates Commercial Bank InternationalFastest Growing Bank in Qatar Barwa BankFastest Growing Bank in Kuwait Boubyan BankFastest Growing Bank in Bahrain First Energy BankFastest Growing Bank in Oman Bank SoharFastest Growing Bank in Jordan Capital Bank of JordanFastest Growing Bank in Lebanon Lebanese Swiss BankFastest Growing Bank in Palestine Bank of Palestine