Crédit Agricole CIB and Kepler Cheuvreux have showed the extension in their fairness capital markets partnership to surround the Center East and North Africa area (MENA).
Didier Gaffinel
Throughout the partnership, Kepler Cheuvreux has established a neighborhood presence within the UAE throughout the opening of a brand new administrative center within the Dubai World Monetary Centre and can to begin with duvet fairness analysis and distribution within the Gulf area together with the UAE and Saudi Arabia.
The transfer follows the Dubai Monetary Products and services Authority (DFSA) granting Kepler Cheuvreux has been a license to function as an approved company and supply fairness analysis and distribution on 26 July this yr.
Didier Gaffinel, deputy common supervisor and head of world protection and funding banking at Crédit Agricole CIB, mentioned: “[The] partnership with Kepler Cheuvreux has confirmed to be extremely a success in Europe with quite a few flagship transactions. The extension lets in us to additional support our consumer providing within the MENA area.
“We’re absolutely dedicated to the luck of this new initiative and are strongly satisfied of the value-add we deliver to MENA ECM issuers via our platform.”
Crédit Agricole CIB already has a longtime presence in MENA, with workplaces within the UAE, Saudi Arabia and Qatar and thru this partnership with Kepler is ready to additional support its providing within the area throughout the addition of fairness capital markets actions.
Learn extra: Kepler Cheuvreux extends fairness analysis handle CIBC
“The extension of our ECM partnership with Crédit Agricole CIB lets in us to answer the robust hobby from institutional buyers within the MENA area the place ECM process is booming. This new step within the historical past of Kepler Cheuvreux demonstrates the potency of our fashion and strengthens the gang’s multi-local place,” asserted Laurent Quirin, chair of the supervisory board of Kepler Cheuvreux.
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