Standard gets 7th consecutive top accolade
by TINTSWALO BALOYI
JOHANNESBURG – STANDARD Bank said it had been named the leading investment bank in Africa for the seventh consecutive year.
EMEA Finance, the industry publication conferred the accolade.
The 2014 African Banking Awards reaffirm Standard Bank’s leading position in capital markets on the continent with the group earning the title of Best Investment Bank in Angola, Botswana, Kenya, Mozambique, Rwanda, Tanzania and Uganda.
The awards recognise Standard Bank’s depth of knowledge and expertise across the continent, with accolades received across Southern, East and West Africa.
“Despite increasing competition from regional and global banks, Standard Bank’s performance in the capital markets space in Africa continues to impress us,” says Christopher Moore, Chief Executive Officer of EMEA Finance.
Standout transactions contributing to the group’s achievement of 11 awards include Kenya’s US$2bn Eurobond, the largest debut bond from an African sovereign; the block trade carried out in Uganda’s Umeme; and the IFC’s local currency bond in Rwanda.
David Munro, Chief Executive, Standard Bank Corporate and Investment Banking, said the bank was pleased to have been recognised by EMEA Finance for the seventh consecutive time.
“Awards such as these are an important external endorsement of our ability to leverage our extensive presence across the continent for the benefit of our clients.
“This, combined with our unique sector expertise, cross-border and product capability give us the platform to deliver world-class capital market transactions as evidenced by our role in key deals across the continent,” he said.
– CAJ News
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