ABN AMRO wins Best Debt House in the Middle East award

Over 200 of the regions leading financiers looked on as Euromoney Magazine CEO Simon Brady presented the award to Vishnu Deuskar, Head of Global Markets Middle East & North Africa at ABN AMRO. Euromoney cited ABN AMRO's "reputation for its ability to minimize execution risk and maximize exposure to potential financiers as a key strength, which puts it ahead of its competitors".

Euromoney was also impressed with the strong underlying performance of ABN AMRO's Debt team, noting that ABN AMRO had executed 32 deals in the past year, totaling US$6.6 billion.

Colin Macdonald, ABN AMRO's Country Executive UAE and Regional Head Middle East said:

"ABN AMRO has taken a leading position in the regional investment banking market boosting our established local presence. The combination of our local client knowledge and our global product expertise has enabled us to develop and deliver more innovative solutions to our clients".

Steve Weiss, Global Head Structured Loans and Advisory said:
"This award confirms our decision to establish a Structured Loans and Advisory team in the Middle East. In doing so, we are bringing our product knowledge closer to our clients and, as a result, we are capturing more of the region's deal flow."

ABN AMRO has a long established presence in the Middle East and views this region as a key market in its Asian growth strategy, not only for its investment banking activity but also for its consumer and private banking franchise.

Regarded as the benchmark awards for financial services globally, the Euromoney Awards for Excellence are now in their 14th consecutive year. This year's awards process, which began in April, attracted over 100 submissions from the region's banks and brokerage houses competing for the 26 awards that Euromoney presented. Euromoney's dedicated research team and awards panel rated submissions on both quantitative and qualitative factors such as key performance indicators, financial ratios and innovation over the 12 month period to determine the award winners.