Standard Bank Group leads the pack
The Standard Bank Group was named leading Investment Bank in Africa for the seventh consecutive year by EMEA Finance, a leading bimonthly global industry publication that reports on the major financial events and developments.
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,” said Christopher Moore, Chief Executive Officer of EMEA Finance. Standout transactions that contributed to the group’s achievement of 11 awards include Kenya’s US$2billion 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.
“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 .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,” said David Munro, Chief Executive, Standard Bank Corporate and Investment Banking. Over the years, the Standard Bank Group has 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.