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Global Banking Corporation (GBCorp), the Bahrain based Islamic investment bank, was honoured with the Islamic banking and finance Best New Bank award by CPI Financial.
Announcing the award, Ahmed Al Khan, head of investment banking at GBCorp said: "This award is a reaffirmation and recognition of our business strategies. Since its inception, GBCorp has focused on human capital as its greatest strength, advocating and adopting a pragmatic policy that encourages innovation and facilitates global investment opportunities through building partnerships for mutual development.
"We are honoured to receive this award and believe it is testament to the expertise of our multinational team with experience in diverse product portfolio and a determination to make a difference.
"GBCorp is actively pursuing several investment avenues that will add great value to our portfolio of Sharia compliant services and benefit our highly valued investors. We understand the challenges in the market and we have the right business fundamentals to address the market needs."
The award was presented to GBCorp at a glittering award ceremony and dinner held at the Godolphin Ballroom, Emirates Towers, in the presence of industry leaders from the region's business, banking and financial sector.
