Awards for excellence – Middle East

BEST BANK
HSBC

BEST CASH MANAGEMENT HOUSE
HSBC

BEST DEBT HOUSE
Citigroup

BEST PROJECT FINANCE HOUSE
BNP Paribas

BEST TREASURY HOUSE
Arab Banking Corporation

The financial sector in the Middle East can rarely have enjoyed such benign conditions as in the past 12 months. Most of the region’s banks have taken full advantage, delivering record profits.

Continued high oil prices mean that the region is deluged with liquidity; governments have spent money on infrastructure projects and, just as important, paid contractors more promptly. Private business has also benefited from the vibrant economies and investors have enjoyed booming stock markets.