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Banker Middle East Industry Awards 2019

Banker Middle East Industry Awards 2019

For over 20 years, Banker Middle East has been serving the banking and financial community in the region. We are the longest-running GCC-based banking publication, continuously supporting the industry, providing informed commentaries, news, in-depth articles and analyses. As part of our integral role in the region’s banking sector, we benchmark, recognize and actively encourage excellence within institutions.

The Banker Middle East Industry Awards 2019 will give due recognition to the outstanding institutions that have shaped and continue to shape the financial landscape.

Such achievements should be lauded accordingly, and as we have grown with the industry, we would like to thank you for your continuous support for the Banker Middle East Industry Awards, without which we would not be able to produce the most prestigious event in the banking calendar.

Methodology

After each and every awards ceremony, together with feedback from the industry, throughout the year, we conduct our own research and look closely at what categories are most relevant in the current climate, new entrants that have impacted the industry, and most importantly, how we manage client expectations. We critically review our production and are always looking for improvement.

As a result of our findings, we have identified 32 award categories that provide regional recognition to exceptional financial institutions across the wide spectrum of banking and finance.

Institutions can nominate themselves in all relevant categories as deemed appropriate, provided the submission is sent in before the deadline, and in the required format.

The judging panel comprises senior executives from ratings agencies, accountancy and auditing firms, together with members of the Banker Middle East editorial team. Award submissions will be critically evaluated and mutually analysed, utilising market knowledge, research and relevant company financial statements, before a shortlist is made. The winners will be chosen from this shortlist and announced at the awards ceremony.

The evaluation period for all awards is typically based on a 12-month cycle.

Entry guidelines

There are two stages to complete an entry for our awards programme:

Stage 1

Candidates must first send in their nominations to awards@bankerme.net by the nomination deadline of 1st September 2019. Institutions can nominate themselves for as many categories as they wish, provided they are able to produce the supporting materials in Stage 2 of this process.

Stage 2

An entry submission template will only be sent to institutions that have nominated themselves. All submissions must strictly follow the submission template provided and must be sent back to awards@bankerme.net by 3rd October 2019.

Submissions received after the deadline date will not be considered. Whilst we understand the hectic yearly schedules, we aim to foster a competitive environment that is fair to all parties—both award participants as well as the judging panel.

Submissions for an award category must distinctly point out how and why your institution stands out above the rest. Depending on the award contended for, each submission should highlight any new product/initiatives/innovation/level of service/comprehensiveness/efficiency—any means that could demonstrate overall competitiveness and outperformance amongst your peers across these markets, relevant to the award in question. The submissions may also include any infographics that you deem helpful to support your case.

Results

Following critical examination of all submissions, the judging panel will select their shortlisted institutions and this shortlist will be announced on or after 17th October 2019. The winners for each category will be announced at the Banker Middle East Industry Awards gala dinner on Tuesday 26th November 2019.

Additional information

For further clarification on the awards submission process kindly contact:

awards@bankerme.net

For more information on the Awards Gala Dinner and to book tables, please kindly contact:

events@cpifinancial.net

 


 

 

Award Categories

 

Best Bank in the Middle East

This honour will be given to a financial institution that has demonstrated market leadership, strong financial performance, adaptability to the changing operating landscape, keeping abreast with advanced technological capabilities, continuously providing innovative product offerings across its business verticals, all whilst maintaining a track record of delivering on its targets to both its shareholders and clients.

 

Banker of the Year

Making an impact on the banking and finance industry in the region is something monumental. This distinguished honour is awarded to an individual that in his/her role has made an impact in their institution.

Lifetime Achievement Award

This eminent award honours a veteran industry stalwart that has displayed tenacious commitment to the advancement of the banking and finance industry in the Middle East.

Fastest Growing Bank

This accolade rewards a bank that has managed to demonstrate substantial organic growth in the last 12 months without any M&A activity.

Best Retail Bank

This accolade is conferred upon a retail banking institution that has had an outstanding 12-month performance, based upon a broad spectrum of factors including growth, financial performance, innovation and customer experience.


Best Islamic Bank

This honour will be given to an industry-leading Islamic banking institution that has shown strong financial performance, the ability to adapt to the changing operating landscape, continuously provide innovative Shari’ah compliant offerings across its business verticals, whilst maintaining a track record of delivering on its targets.

Best Corporate Bank

This category awards an institution that has outperformed its peers throughout the year, across the varied landscape of corporate banking, whether this be through new product innovation, customer service excellence or advisory solutions, to name a few examples.
 

Best SME Bank

This award will go to a bank that has demonstrated exceptional commitment to the SME market, across all aspects including, advisory services, trade and credit facilities, cash management solutions and financing.
 

Capital Market Transaction of the Year

This honour gives due recognition to a debt or equity market transaction that has made an industry-wide impact in the region, either measurable in size, innovation, structure, time to market or investor-base. The award will be given to the issuer of the notable transaction.

Most Innovative Digital Banking Proposition

This award evaluates a financial institution’s product offerings and will go to a financial institution that has excelled across its offerings to its clientele. Examples include innovation in loans, credit card applications and accessibility to investments or deposit

Best Insurance Provider

This accolade awards market leadership in insurance across the Middle East, either in general, health or life insurance, demonstrating excellence in product structure and innovation, range of services, transparency, claims processing as well as customer experience.


Best Takaful Provider

This award recognises market leadership amongst Takaful providers and is aimed at institutions which have led the market through Shari’ah-compliant insurance either in general, health or life insurance, demonstrating excellence in product structure and innovation, range of services, transparency, claims processing as well as customer experience.

Best Investment Bank – Conventional

This award is given to an investment banking institution that has stood out from amongst its peers in the last 12 months, succeeding in structuring and pricing notable deals, whilst providing quality insight to meet the rapidly changing needs of their client base in the Middle East.

Best Investment Bank – Islamic

This awards a Shari’ah compliant investment banking institution that has stood out from amongst its peers in the last 12 months, succeeding in structuring and pricing notable Shari’ah compliant deals, whilst providing quality insight to meet the rapidly changing needs of their client base in the Middle East.
 

Best Private Bank

This accolade can either be given to a private banking institution or a boutique private banking firm that has managed to demonstrate growth in their business over the last 12 months and has sharpen their value propositions whilst doing so.

Best Wealth Management Firm
The winner of this award can either be the wealth management arm of a large financial institution, a private bank or a boutique wealth management firm that has managed to display best-in-class service through a combination of advice, product sophistication and technology to their clients.

Best Investment Management Firm

This award recognises an investment management firm that has demonstrated the ability to optimise financial profitability generated from its investments, significantly increasing its assets under management over the last 12 months.
 

Best Private Equity Firm

This honour acknowledges a private equity firm that has managed to demonstrate outstanding ability to leverage on opportunities in the market, demonstrate innovation in the investment structure, as well as contribute to the economy in which the firm has invested in.
 
Best Trade Finance Institution

The winner of this award can either be a trade finance bank or the trade finance arm of a larger financial institution that has demonstrated exceptional capability in facilitating cross-border transactions of various sizes and structures, as well as across multiple industries.

Best Brokerage Solutions Provider

This category gives recognition to a brokerage firm that has displayed the ability to provide a wide range of services across various markets, including the competence to tap into new markets and investment products.


Best Law Firm – Banking & Finance

This category honours a law firm that has managed to demonstrate the capability in providing advice on all aspects of structuring, negotiating and documenting financial transactions for both conventional and Islamic deals, arranging notable transactions within the region in the last 12 months.


Best Law Firm – Private Equity

This awards a law firm that has been most successful in its private equity work in the region, focusing on the growth of portfolio opportunities, arranging effective buyouts and exits, across various industry verticals in the preceding year.

Best Research & Consultancy Firm

This accolade is conferred upon a research and consultancy firm that has provided most valuable and reliable insight into the banking and finance industry for financial institutions to operate at the highest level.


Best Ratings Agency

 This category acknowledges a ratings agency that has managed to provide issuers and investors with the fundamental parameters for the creditworthiness of investment products, financial institutions, corporates as well as sovereigns, through continuous upgrades in their rating methodology

Best Islamic Ratings Agency

This category awards a ratings agency that has managed to provide issuers and investors with the fundamental parameters for the creditworthiness of Shari’ah-compliant investment products and financial institutions, through continuous upgrades in their rating methodology.
 

Best CSR Programme

Over the last few years corporate social responsibility (CSR) has been a priority on the agendas of many business conglomerates. This award will be given to a financial institution that has, in the previous calendar year, managed to roll out an inspiring and distinguishable CSR programme that has impacted and addressed societal issues. 


Best Core Banking Service Provider

This award recognises a technology provider that has managed to offer an agile, allrounded and effective solution that supports the various core banking functions of a particular financial institution, both in breadth and in depth.


Best User-Experience Innovator

This accolade is given to a technology provider that has managed to innovate and revolutionise the user-experience in terms of usability, accessibility and interaction, either for internet/mobile banking services or in branches.
 


Best Cybersecurity Provider

This award acknowledges a technology firm whose cybersecurity offerings are the most all-rounded, protecting the data and integrity of computing assets of a financial institution and is efficient in defending it against all threat actors throughout the entire life cycle of a cyberattack.

 

Best Payment Solutions Provider

This category rewards a technology company that offers full-service payment solutions including risk management services for card and bank-based payments, transaction reconciliation, reporting, fund remittance and fraud protection, in addition to multicurrency functionality and services.
 


Best Communications Infrastructure Provider

This awards a technology provider that has managed to offer the most comprehensive communication infrastructure for financial institutions. All communication, monitoring and storage/archiving technologies will be considered for this award.
 


Best Commercial Bank

This accolade recognises an institution that has excelled in providing a slew of exceptional products to its customers across various services including deposits, loans, investment products.

 

 

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Info

NOMINATION DEADLINE:
1st September 2019


ENTRY SUBMISSION DEADLINE:
3rd October 2019


SHORTLIST ANNOUNCEMENT:
on or after 17th October 2019


INDUSTRY AWARDS GALA DINNER:
26th November 2019, The Ritz-Carlton DIFC, Dubai, United Arab Emirates
 


 

Banker Middle East Industry Awards Categories

1 Best Bank in the Middle East
2 Banker of the Year
3 Lifetime Achievement Award
4 Fastest Growing Bank
5 Best Retail Bank
6 Best Islamic Bank
7 Best Corporate Bank
8 Best SME Bank
9 Capital Market Transaction of the Year
10 Most Innovative Digital Banking Proposition
11 Best Insurance Provider
12 Best Takaful Provider
13 Best Investment Bank – Conventional
14 Best Investment Bank – Islamic
15 Best Private Bank
16 Best Wealth Management Firm
17 Best Investment Management Firm
18 Best Private Equity Firm
19 Best Trade Finance Institution
20 Best Brokerage Solutions Provider
21 Best Law Firm – Banking & Finance
22 Best Law Firm – Private Equity
23 Best Research & Consultancy Firm
24 Best Ratings Agency
25 Best Islamic Ratings Agency
26 Best CSR Programme
27 Best Core Banking Service Provider
28 Best User-Experience Innovator
29 Best Cybersecurity Provider
30 Best Payment Solutions Provider
31 Best Communications Infrastructure Provider
32 Best Commercial Bank