QInvest, a leading investment bank in Qatar, has won the “Best Up-and-Comer” investment bank global award from Global Finance, a major US-based publication.

The awards ceremony for all winners took place recently at The National Press Club in Washington DC during the annual meetings of the World Bank Group and the International Monetary Fund (IMF).

In its selection of the World’s Best Investment Banks in 2011, Global Finance editors, with input from industry experts, looked at market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation.

Deals announced or completed in 2010 were considered.

“The investment banking industry has changed as a result of the financial crisis,” said Global Finance publisher Joseph D Giarraputo. “The best institutions are those that have a business model focused on customer needs.”

“QInvest is delighted to be recognized by Global Finance for the global award of ‘Best Up-and-Comer’ investment bank as well as the country award for ‘Best Investment Bank’ in Qatar,” said Shahzad Shahbaz, CEO of QInvest.

“We are committed to continually offering innovative financial solutions which deliver high quality products and services to clients covering advisory, financing and investment activities.”

“This award is a significant achievement for the experienced and talented team we have assembled at QInvest. It demonstrates our progress in the past few years positioning us for solid future growth,” he added. – TradeArabia News Service