For the 8th consecutive year, Standard Bank was recognised as the Best Investment Bank in Africa and Best Innovative Bank in Africa by two leading financial magazines, EMEA Finance and The Banker, respectively.
Standard Bank Namibia’s head of corporate and investment banking Amit Mohan said the awards are well-deserving and position Standard Bank as the leading corporate and investment bank both locally and across the African continent.
Among notable deals this year are when Standard Bank Namibia – together with the Olthaver and List Group of Companies – and Howard and Chamberlain, secured the N$210 million infrastructural deal for the construction of the upmarket 77-on-Independence complex in Windhoek’s central business district.
Other major investments include Standard Bank’s joint financing of the US$150 million deal for the procurement of Debmarine Namibia’s new diamond exploration and sampling vessel. This was followed by Standard Bank Namibia acting as joint lead arrangers for Namwater’s debut corporate bond issuance in April. Namwater raised N$468million as a result of the partnership.
Standard Bank Namibia was one of the first commercial banks to open its doors in Lüderitz in 1915 and also the first bank to offer 10 percent of its shares to staff members. Standard Bank Group currently operates in 20 African countries.