KARACHI: Meezan Bank has been recognised
as the global winner of “Best Islamic Bank for Treasury Management” for 2016 by
the Islamic Finance News of REDmoney Group, Malaysia, a statement said on
Monday.
In addition, the bank
has also emerged as the global runner-up for the “Most Innovative Islamic
Bank”, proving to be a major player in the Islamic finance industry;
particularly in the developing economic structures in the South Asian region,
it added.
Further, Meezan Bank
has deservingly been named as the “Best Islamic Bank in Pakistan”, an award,
which has been conferred upon the bank for the 10th time, owing to its
contributions to the Islamic finance industry.
The bank has also been
awarded “Pakistan Deal of the Year” Award for jointly arranging and structuring
Rs25 billion syndicated long-term Islamic finance facility to Power Holding
Private Limited.
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