JOHANNESBURG – Standard Bank has been named leading Investment Bank in Africa by EMEA Finance for the seventh consecutive year. The 2014 African Banking Awards reaffirm Standard Bank’s 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, CEO 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.
“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,” says 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.
The bank has a strong capability across key sectors, namely; Mining & Metals, Oil & Gas, and Power & Infrastructure.
Standard Bank’s strategy is to continue to cement its presence on the continent in order to assist clients seeking to do business in Africa.