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LGT Middle East is chosen best private bank in its region

November 16, 2020

LGT Middle East was awarded "Best Overall MENA Private Bank" at the renowned WealthBriefing MENA Awards 2020.

WealthBriefing MENA Awards, LGT Middle East
Representatives of LGT Middle East received the award at the WealthBriefing MENA Awards.

LGT Middle East received the award for "Best Overall MENA Private Bank" from the renowned magazine WealthBriefing at the beginning of November. It was thus honored as the best private bank in the Middle East and Northern Africa region and across all the categories evaluated. The decision was made by a 16-member jury of private bankers and independent consultants. LGT Middle East was able to convince the jury with its strong roots in the regional financial market, its strong growth over the last few years and its excellent client service. The extensive range of products and services in the areas of alternative investments and sustainable investing also contributed to receiving this first-class award. Last but not least, LGT stood out from its competitors thanks to its long-term and secure ownership structure. 

Peter Schaer, Senior Executive Officer LGT Middle East, is delighted about the award: "We started out with a small branch here in Dubai eight years ago and have since then continuously expanded our business. The award motivates us to continue in this vein and to remain an excellent partner for our clients in the future. I would like to thank all employees in Dubai as well as our partners in LGT Group, who made this outstanding award possible in the first place".

This is the seventh time that WealthBriefing has honored private banks in the Middle East and Northern Africa that have set themselves apart from their competitors in the current year through innovation, top performance and their particularly strong client focus. Find here the press release of the WealthBriefing magazine.