Alizz Islamic named ‘Best Corporate Bank’
Alizz Islamic Bank continues to make strides as part of its aim to become the premier Islamic financial services provider in the country by providing innovative solutions and top-notch services to its clients
MUSCAT: Bankers Middle East, the financial publication house, has recognised Alizz Islamic Bank’s Wholesale Banking Group with the ‘Best Corporate Bank’ award for 2017.
The announcement to this effect was made last week at a glittering ceremony held in Dubai. This award comes at a time when the entire Corporate Banking sector in the region is operating in a challenging environment.
Ghalib Al Busaidi, DGM & Group Head of Wholesale Banking said, “The visionary acumen shown by Alizz Islamic Bank in the Wholesale Banking sector has been the key reason for the bank getting this coveted award.” He further added, “We have been providing exceptional Sharia compliant products and services to serve our customers and this recognition is testimony to the hard work the whole team has put together in the last 12 months.”
Congratulating his team Al Busaidi said their passion to serve the customer with innovative cor- porate banking solutions has paid dividends and this team is destined for many more accolades in the months ahead.
Alizz Islamic Bank continues to make strides as part of its aim to become the premier Islamic financial services provider in the country by providing innovative solutions and top-notch services to its clients.
Al Busaidi elaborated the vision of the bank to have a special focus on its wholesale banking and to function as a one-stop shop for all Wholesale Banking requirements. He has further elaborated that the bank continues to have a dynamic product development team that works to provide structured tailor made solutions to meet the com- plex evolving business requirements of clients.
Under the umbrella of Wholesale Banking at Alizz Islamic Bank, several departments work in tandem to provide pristine products and service to clients. The teams under Wholesale Banking comprise of Corporate Banking, Project Finance & Syndications, Investment Banking, SME Banking, Government & Institutional Sales and Treasury & Capital Markets.
All these teams have highly experienced Islamic Banking professionals with local and international banking experience.
He concluded, “We firmly believe in the importance of being able to offer Sharia-compliant investment banking services particularly at this challenging time where state entities and corporates are seeking innovative ways of funding themselves. In this regard, I believe we have built a strong platform at Alizz Islamic Bank and are set to grow significantly in this area. We have already become involved in several prestigious and significant mandates within a global context as Joint Lead Managers (JLM) and look to continue meeting the complex local and cross border fund raising needs of our clients.”