CFI.co Spring 2014

Page 99

Spring 2014 Issue

> ONLINE WINNER IN SPAIN: SELF BANK REACTS TO CUSTOMER NEEDS

Self Bank is the CFI.co Online Banking Award winner, Spain, 2014. According to the Judging Panel this bank is ‘properly focused on determining appropriate client solutions and providing that which is needed rather than

dreaming up fancy add-ons. Self took full advantage of opportunities created in the wake of the Banking Crisis when people in Spain started to question their traditional loyalties. They are doing very well in the market now

because of a well thought out and innovative focus on actual online banking requirements. This translates to a secure and effective banking platform.’

> FARAZAD INVESTMENTS WINS THE CFI.CO STRUCTURED FINANCE FUNDING AWARD, GCC

Farazad Investments Inc. is headquartered in the United States and active across the continents. The award for ‘Most Innovative Structured Finance Project Funding, GCC’ goes to this company after assessment by the CFI.co Judging Panel. According to the Panel, Farazad are

‘good listeners setting out to rebuild confidence and trust in the banking industry. The firm ensures that transactions are favourable to both sides and that there is maximum transparency in the way business is conducted. Quality of work at Farazad is consistently high, risk management is good with more than adequate

levels of funding.’ Korosh Farazad, the founder and CEO of the firm has an enviable performance record across several industry sectors and is an innovator who is keenly focused on achieving the very highest levels of sustainable growth.

> CMB IS WINNER OF THE CFI.CO AWARD: ‘BEST AFFORDABLE HOUSING DEVELOPER, NIGERIA, 2014’

The very real need for affordable, high quality housing in Nigeria can hardly be overstated. The CFI.co Judging Panel has pointed out that, ‘it is heartening to see that good solutions to the accommodation crisis are coming from the private sector. The judges were pleased to find strong nominations in this category and CMB,

our worthy award winner, stood out from the field because of its realistic and highly effective plan for reducing building costs and the speedy execution of excellent work. This has been made possible because of a high level of governance at CMB, this company’s dedicated engagement with and understanding of community needs

CFI.co | Capital Finance International

and the obvious industry skills of team members. CMB has a track record of delivering a superb product that meets the requirements of the market and often exceeds the expectations of the end user. We feel that CMB deserves full recognition of its fruitful efforts and we applaud this most deserving 2014 award winner.’

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