Lloyds TSB International Private Banking backs Middle East entrepreneurs

The awards, which were established over 20 years ago and take place in over 40 countries, are running in the Middle East for the first time this year. The ceremony will take place in Dubai between 21 and 23 February 2008 - and will honour the growing number of highly successful entrepreneurs across the region.

The bank's sponsorship will cover the entire awards programme, which will recognise entrepreneurs for their achievements in several categories, including entrepreneurial spirit, strategic direction, national or global impact, innovation; personal integrity and influence.

Cary Adams, Managing Director, Lloyds TSB International Private Banking, said: "We're extremely proud to be sponsoring the first Ernst & Young Middle East Entrepreneur of the Year Award. The fast pace of growth in the region is testament to the hard work and ambition of so many individuals - not least the many thousands of entrepreneurs who are building their own successful businesses."

"The Middle East is one of the key regions for Lloyds TSB across the globe and as its growth story continues, we will be doing everything we can to encourage more of the innovation, commitment and contribution that these awards reflect so strongly."

Lloyds TSB has been providing banking services across the Middle East for the last 30 years having established its branch in Dubai in 1977 and was one of the first banks to receive a license from the UAE Central Bank. This sponsorship is part of the bank's continuing involvement and commitment to the region.