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  • Fransabank can claim a number of impressive firsts in Asia. It was the first Lebanese bank to establish a China desk, capable of handling all transactions flowing between the two countries, including those priced in renminbi. The desk plays an integral role in finding viable inbound projects for Chinese firms, and identifying mainland partners for its local clientele.
  • Bank of Palestine might be easy to overlook at first. Ensconced in a small territory (the West Bank) in an extremely troubled and uncertain part of the world, squeezed between Israel and Jordan, it is not a big lender by any measure.
  • Qatar National Bank has quietly transformed itself into one of the Middle East’s bigger and better international lenders.
  • Saudi British Bank’s presence in Asia grows in strength and depth each year, and for good reason. China is the biggest market for Saudi-made goods and services, and the Kingdom’s single largest source of imports.
  • This new set of Asiamoney awards recognizes the banks from the region that have done the most to help develop their local clients’ Asian operations and facilitated financing for Asian companies looking to build their businesses in the Gulf
  • Jordan’s economy has held up remarkably well, given the civil war that continues to rage just over its northern border. Amman-based Arab Bank continues to impress, reporting an increase in revenues, operating profit and loans in the full year 2017.
  • Kuwait Finance House has many positive attributes that should hold it in good stead for the years to come. It is one of the safest banks in the Middle East, as well as being one of the world’s largest Islamic finance houses, with more than 480 branches.
  • The speed with which trade between Asia and the Middle East is growing is embodied and exemplified by Bank of Palestine.
  • QNB is determined to put itself at the heart of the growing two-way trade flows between the Middle East and Asia. And it is succeeding, thanks to its expanding network of branches in China, India, Indonesia, Vietnam and Singapore.
  • Trade between Saudi Arabia and Asia is growing fast, benefiting companies and lenders alike. This relationship has for years been a unidirectional process, driven by rising demand for oil in energy-poor countries such as Japan, South Korea and China.
  • When investors and companies mull the benefits of doing business in Asia, or of boosting their operations in a region that still drives the global economy, their default instinct might be to turn to the West’s big lenders. We know their names. An elite handful of financial institutions, boasting decades and sometimes centuries of experience in the biggest markets. They are fully tuned into Asia, and usually well represented across the Middle East.
  • Standard Chartered has been in Bahrain longer than in any other market in the region, having established its first branch in the Kingdom in 1920. Its ties and connections to the business community make it the obvious first point of call to Asian companies as they expand into the region – and to local firms looking to export to Asia.