Standard Bank has been named Africa’s best nvestment bank by EMEA Finance for the seventh consecutive year at the 2014 African Banking Awards, reports from Johannesburg said this week.
The 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 also recognise Standard Bank’s depth of knowledge and expertise across the continent, with accolades received across Southern, East and West Africa, the the Johannesburg-based bank said.
“Despite increasing competition from regional and global banks, Standard Bank’s performance in the capital markets space in Africa continues to impress us,” says EMEA Finance CEO Christopher Moore said in a statement.
EMEA Finance is a bi-monthly global industry publication that reports on the major financial events and developments initiated and influenced by the international financial industry active in Europe, Middle East, and Africa (the EMEA region).
The South African bank said that it has, over the years, built strong in-country advisory capabilities in a number of key markets, including South Africa, Nigeria, Kenya, Ghana and Mozambique delivering a full range of corporate and investment banking services to clients across various markets.
“We are 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,” David Munro, chief executive for Standard Bank Corporate and Investment Banking, said.
Standard Bank, which trades in several African countries as Stanbic, is Africa’s largest bank in assets and market share.