Rikus Grobler | Oct 18, 2017 | 0
Standard Bank scoops several awards at Sibos
In banking it pays to be big or to have a big partner. The Standard Bank group received a total of 27 awards across seven categories while Ecobank, with its alliance partner, Nedbank, also scored a series of accolades.
Standard Bank Group, Africa’s largest bank by assets, scooped 27 awards from Global Finance, Euromoney and EMEA Finance Treasury Services. The awards were presented at the annual Sibos conference currently underway in Geneva.
“We are delighted to have received these awards,” said Hasan Khan, Standard Bank’s Head of Transactional Products and Services. “These accolades reaffirm the relevance of our universal banking proposition in which we look to partner with our clients in identifying, managing and leveraging growth in Africa.”
In all, Global Finance Magazine awarded Standard Bank 23 accolades across several categories, including: Best Emerging Markets Bank in Africa, Best Emerging Markets Bank in Angola, Botswana, Mauritius and Namibia, Best Overall Bank for Cash Management in Africa, Best Bank for Financial Risk Management in Africa and Best Sub-Custodian Bank, Namibia
The award ceremony took place at Sibos, the annual conference and exhibition in Geneva. Sibos is organised and facilitated by SWIFT, the global provider of secure financial messaging services. It is the premier conference for financial services and banking technology.
For the fourth consecutive year, Ecobank is present at the exhibition together with its alliance partner Nedbank.
Ecobank, the leading independent pan-African banking group, has won the awards for Best Trade Finance Services in Africa and Best Treasury Services in Africa in this year’s Treasury Services Awards, organised by financial trade magazine EMEA Finance.
According to EMEA Finance, Ecobank’s strong pan-African platform and its extra level of detail impressed the judges, differentiating the bank from its competitors on the continent.
Commenting on the Best Trade Finance in Africa win, Amin Manekia, Group Executive, Corporate & Investment Banking at Ecobank, said, “Ecobank’s broad pan-African footprint, coupled with its international network, makes it a perfect banking partner for trade finance”.