(MENAFN- The Peninsula) The Peninsula
Doha: Lesha Bank LLC (Public) (the 'Bank' or 'Lesha Bank') is delighted to announce that it has won“Best Asset Manager in Qatar” at the EMEA Finance Middle East Banking Awards 2022 in recognition of managing strong and diverse portfolio of real estate and private equity assets.
The Bank's total Asset Under Management (AUM) grew by 36 percent, recording QR5.2bn in 2022 and the total investment portfolio stood at QR2.4bn with a growth of 117 percent in 2022 compared to the previous year.
Held in its 15th edition, the annual awards event was organised by EMEA Finance magazine to highlight commercial, investment and Islamic banks across the Middle East, as well as brokers and asset managers.
Abdulrahman Totonji, Lesha Bank's CEO said:“Alhamdullilah, we are pleased to be recognized by EMEA in Asset Management which will help us cement our leadership and position within the local and regional markets and encourages us to continue offering innovative investment solutions. This accolade proves our employees hard work and dedication that led us to achieve this performance during a critical shift toward a new strategic direction to drive the Bank to achieve its goal of further growth and to be at the forefront of Shari'a-compliant investment banking. I would like to congratulate all our team members for their dedication and thank our clients for their continuous loyalty and trust.”
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.