Saudi Fransi Capital recorded yet another achievement by winning two awards from CPI International for “Best Investment Services for Financial Institutions” and “Best Equity Research” respectively.
The awards were received by the company during the Annual Banking Awards for the Middle East 2014 in Dubai.
Yasir bin Othman AlRumayyan, SFC’s CEO, expressed his pride and gratitude with the continued leadership of SFC, which he further stated was clearly marked through its winning of many awards from international organizations.
Commenting further on this achievement, he said: “I am grateful to CPI Financial, to Adam Broom, and to everyone who voted in favor of SFC.”
He added: “We are proud of our differentiated equity research platform, which has ramped quickly while maintaining best-in-class quality.”
He said: “Our philosophy is to emphasize stock-picking while delivering on a comprehensive set of research products from single-stock analysis to thematic reports.”
He said: “We expect to end the year with 44 Saudi listed stocks under coverage across 9 sectors and are confident in our ability to service the institutional and retail market going forward. “
The CEO said: “We consider research as a core business within our equities franchise and will continue to invest in it to remain competitive both regionally and globally.”
He said: “As for winning the best Investment Services for Financial Institutions award, I would like to thank the involved SFC teams for their efforts and strong performance which has allowed us to achieve such high level of quality that has been recognized by CPI, the team unlike any others in the market is made up of relationship managers and its own business developers that have a combined experience of over 50 years, has obtained one of the largest market shares of GCC institutional trading in Saudi.”
The CEO said: “It has achieved this by having the largest brokerage houses in GCC as customers. SFC has achieved this due to the strength of our teams ability to understand their customers’ requirements and provide tailor made services.”
He said: “In addition, SFC also provides its’ customized services to Saudi AP’s and financial institutions, for which we have the largest market share of such clients. In conclusion the Institutions Sales Team is the go-to team in the Kingdom for the quickest implementation and setup for complete customized solutions for institutional investors no matter how unique or sophisticated the clients’ needs may be.”
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