Can you give us a brief background of Sarasin-Alpen in the region?
Bank Sarasin-Alpen was established in the Dubai International Financial Centre in 2005 and is a subsidiary of Bank Sarasin & Co, Switzerland. The Sarasin Groups majority shareholder is Rabobank which enjoys the highest credit rating of AAA from Standard & Poors and Moodys, since 1981. Bank Sarasin-Alpen, Dubai the first subsidiary of Bank Sarasin in the region started operating as a relatively unknown brand and in the last five years has come to establish itself as a boutique private bank offering tailor-made solutions for clients. It was awarded the Best Private Bank Award by Banker Middle East Industry Awards for two consecutive years 2007 and 2008. In 2008, it also expanded its business to Qatar and Oman where it is incorporated as Bank Sarasin Alpen (Qatar) Limited and Sarasin Alpen, Oman respectively. In Oman, we operate as an organisation providing private banking advisory solutions and we are proud to be one of the first private banking advisory solutions providers in the countr