BARWA BANK AND THE FIRST INVESTOR ('TFI') WIN MAJOR INDUSTRY AWARDS

BARWA BANK WINS “BEST NEW BANK” AND TFI “BEST ISLAMIC INVESTMENT HOUSE” AT THE BANKER MIDDLE EAST INDUSTRY AWARDS 2010.

Doha, 20th June 2010 – BARWA Bank and its recently acquired investment bank The First Investor (“TFI”) have each received a major award at the Banker Middle East Industry Awards, hosted at Emirates Towers in Dubai last night, Wednesday 16th June.

Following BARWA Bank’s recent success with the “Best Retail Marketing Campaign” at the Product Awards 2010, the bank won the “Best New Bank” category, while TFI was awarded “Best Islamic Investment House”. Head of Banking Group Mr. Keith Bradley accepted the award on behalf of BARWA Bank and David Clarke, CEO accepted the award on behalf of TFI.

Comment

Mr. Mohammed Al Saad, Acting CEO of BARWA Bank, said:

We are delighted to have been recognised in not one but two categories in these prestigious regional industry awards. Having picked up the award for “Best Retail Marketing Campaign” in April, as Qatar’s youngest bank we value greatly this further award for “Best New Bank” and the wider recognition it brings for BARWA Bank’s continuing progress towards prominence in Middle East banking.

“Along with the success of The First Investor, our recently acquired Islamic investment banking business, in winning the “Best Islamic Investment House” award, these awards serve to reinforce BARWA Bank’s fresh approach to banking, as we continue to set the standard for exceptional levels of service, innovation and choice to all our customers across the group”.

The annual Banker Middle East Industry Awards are designed to recognize banks and financial institutions that are pioneers in finance in the Middle East.

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