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Wednesday, November 11 - 2009

Standard Chartered is to hold first Mid East Captial Markets Forum

  • United Arab Emirates: Tuesday, November 20 - 2007 at 14:30
  • PRESS RELEASE

Standard Chartered, a leading international bank in UAE, will hold the its first Capital Markets Forum - 'Funding the Future' - on November 25, 2007 at Emirates Towers Hotel, Dubai.

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The forum will provide investors, capital seeking institutions and regulators with a timely insight into the evolution of capital markets within the region.

"Capital Markets have rapidly gained significance for Middle Eastern issuers, providing access to diversified sources of funding and a global investor base," said Gilles Franck, Regional Head of Capital Markets, Middle East and North Africa for Standard Chartered.

Shayne Nelson, Regional Chief Executive Officer Middle East and North Africa Standard Chartered Bank said,

"Regional investors are also being presented with a growing choice of conventional and Islamic instruments to optimise their asset allocation. Our aim with this unique forum is to expand on these highly topical areas and provide innovative solutions to thoughtful, yet aggressive, growth funding."


The Standard Chartered Bank Capital Markets Forum will exhibit a roadmap showing how Middle East Capital Markets will become a leading segment of the global financial markets by following the example of Asian Capital Markets which are currently experiencing above average growth rates, with a significant consumer base fueling economic expansion.

"We expect to see similar results in the Middle East, focused on an upswing in the financial landscape which will provide investors and issuers with enormous potential to take advantage of high capital returns. Continued strong economic growth will impact on the rapid expansion of regional capital markets, and increasing product sophistication will further augment this development," added Shayne.

"We firmly believe that Standard Chartered's innovative approach to capital and liquidity management, and our global expertise within this field means we are well-placed to provide the right solutions to our partners within a robust capital market", continued Gilles.

In creating the Standard Chartered Bank Capital Markets Forum in Dubai, the Bank aims to lead the way forward for the development of efficient capital markets across Asia, Africa and the Middle East. Standard Chartered currently works with global investors, managers of global enterprises and national regulators across these regions to provide customers with access to deep and meaningful forms of Capital Markets.

"The UAE has been identified by Standard Chartered as a crucial emerging global market, and it is one of the top five performing markets for the Bank. We will continue our commitment to the development of the local and regional financial industry through Forums such as this, and contribute to providing effective guidance and influence on key regulatory issues to help shape the future of the country and the wider GCC."

The opening address of the Standard Chartered Bank Capital Markets Forum will be presented by Mr Brad Levitt, Group Head of Capital Markets for Standard Chartered.

Keynote speeches will be given by senior representatives of key corporate and financial institutions in Asia and the GCC, such as Chompunute Sumanaseni, Former CFO, Government Housing Bank, Thailand. A panel discussion on "Dealing with Uncertain Markets" led by Gilles Franck of Standard Chartered will feature Yuvraj Narayan, Chief Financial Officer of DP World and Kar Tung Quek, Chief Financial Officer for Nakheel.
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Notes and media contacts

For further information please contact:

Lilian Yong-Babani
Regional Head of Corporate Affairs MENA (excl. UAE and Oman) Standard Chartered Bank,
Mobile: +974-5855293 or +971 50 240 1273

Standard Chartered - leading the way in Asia, Africa and the Middle East

Standard Chartered PLC is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalisation.

Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1,400 branches (including subsidiaries, associates and joint ventures) in over 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.

As one of the world's most international banks, Standard Chartered employs almost 60,000 people, representing over 100 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.

With strong organic growth supported by strategic alliances and acquisitions and driven by its strengths in the balance and diversity of its business, products, geography and people, Standard Chartered is well positioned in the emerging trade corridors of Asia, Africa and the Middle East.

Standard Chartered derives over 90% of profits from Asia, Africa and the Middle East. Serving both Consumer and Wholesale Banking customers worldwide, the Bank combines deep local knowledge with global capability to offer a wide range of innovative products and services as well as award-winning solutions.

Trusted across its network for its standard of governance and corporate responsibility, Standard Chartered takes a long term view of the consequences of its actions to ensure that the Bank builds a sustainable business through social inclusion, environmental protection and good governance.

Standard Chartered is also committed to all its stakeholders by living its values in its approach towards managing its people, exceeding expectations of its customers, making a difference in communities and working with regulators.

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