UAE– Falcon Private Bank has been named “Best Private Bank, UAE” by World Finance magazine for the second time. The prestigious accolade underscores the Bank’s strategic commitment to the Middle East.
“We are very proud of this outstanding award which reflects our ambition to become a leading Swiss private banking boutique with a strong focus on the Middle East. Wealth formation in the region is growing and thanks to our local ownership structure, rich history and global expertise, we have a strong brand in the UAE and a unique advantage over our competitors,” said Eduardo Leemann, CEO of Falcon Private Bank.
World Finance is committed to the very highest standards of journalism and has established a coveted reputation for excellence over the years, enjoying a readership of 120,000 key decision-makers around the world. The World Finance Banking Awards are known throughout the financial press as the pinnacle of recognition for major banks.
The Award Selection Panel uses a wide range of criteria to decide awards, lending the critical eye of a collective 230 years of business journalism to the exhaustive information gathered by its prominent research team. Key factors include bank performance, financial ratios, variety and clarity of products and services as well as Corporate Governance, among other factors.
Headquartered in Switzerland, with strong global presence, Falcon Private Bank has been present in the Middle East since 2009 with Representative offices in Abu Dhabi and Dubai.