DUBAI, UAE, June 28, 2012 /PRNewswire/ --
First Capital of Switzerland Investment Bank (FCSIB) has been recognized as the "Best Investment Bank in the UAE" for 2012 by critically acclaimed magazine World Finance.
World Finance's esteemed panel, with input from its readers, determined the winners based on a series of criteria that are based on strategies, ideas and innovations signifying achievements and best practices in a particular field. These awards are the only industry honors based on voter participation.
First Capital of Switzerland (FCS) Group CEO Abdulrahman Al Ansari said: "The last few years have been difficult for the financial industry and investment banking sector in particular. This award comes as a genuine byline for our continued endeavors to be a market leader in setting the pace for a positive shift in the financial industry in the Middle East. This award reestablishes our pledge to our valued clients and stakeholders to provide optimal, customized solutions to place them in the best possible position within the market."
FCSIB is a boutique investment bank located in the Dubai International Financial Centre (DIFC) and authorized and regulated by the Dubai Financial Services Authority (DFSA). Having started its journey during the demanding times of an economic slump, FCSIB has come a long way to achieving a strong investment banking presence in MENA (Middle East and North Africa) region, as well as in Asia, China and Latin America with an aggregate transaction pipeline of over USD2.1billion.
FCS plans to continue its success story by focusing on evolving markets and establishing key associations with partners across the globe to increase its worldwide presence. Ethical investments through the establishment of a Healthcare Fund and a Natural Resources & Commodities Fund are the key focus areas for FCS for the year 2012-2013.
The team behind FCSIB combines years of international and regional experience across sectors. The team members have wide-ranging expertise in developing, shaping and executing financial transactions globally with a strong focus on the Middle East, Africa and emerging markets.
With focus on existing and ongoing strategic partnerships with global players in the Asian and European market, FCSIB plans to continually evolve and develop strategic associations within the banking and finance domain to establish its presence further.
For more information, please visit: http://www.fcswiss.com/
SOURCE First Capital of Switzerland Investment Bank (FCS)