Standard Chartered: Best Regional Sub-Custodian of the year Award
Standard Chartered has been granted the 'Finest Regional Sub-Custodian of the year' by world-renowned financial publication, Global Investor/ISF. The results were revealed at the MENA Capital Markets Summit held just recently in Dubai.
Worldwide Investor/ISF MENA Awards are thought about the most prominent in the financial industry. Elements such as possessions under custody, service growth, and services used to name a few things are all thought about in determining the very best sub-custodian award. The award likewise serves as a standard of the leading securities services providers that are readily available to serve the industry.
Commenting on the awards, Motasim Iqbal, Regional Head, Transaction Banking, Middle East and North Africa (' MENA'), stated: "I am delighted to be provided with this important award from such a prestigious publication. This is a testament to Standard Chartered's commitment to offer best in class services to our customers in the securities services space. Requirement Chartered's substantial experience and history across Africa and the Middle East enables us to offer both regional understanding and global knowledge to support our clients' business'.
Standard Chartered custody ability has actually grown from strength to strength. The Bank is now using direct custody of African markets through its Dubai International Financial Centre center to support local clients investing in Africa, which is the second most popular financial investment destination after MENA region for the local funds market.
Regional Head of Securities Solutions, Africa and Middle East, Bennie VanderWesthuizen, talked about the win, "Our aim has actually always been to deliver customer-centric products and solutions. It is our dedication to the market along with our stakeholder's undeviating support that has actually made this win possible. I am extremely pleased with our Middle East franchise which not only has been growing faster than other region internationally but also consistently meeting and exceeding customers' expectations."
