Standard Bank scoops 22 awards for its activities across Africa at SIBOS 2015

Dar es Salaam, 15 October 2015: Standard Bank Group, which trades as Stanbic Bank in Tanzania, and is Africa’s leading bank by assets, collected 22 awards in the EMEA Finance’s Treasury Services Awards and Global Finance's World's Best Bank Awards, both for 2015. The awards were presented at the Sibos conference in Singapore.

Acknowledging all 22 awards, Hasan Khan, Standard Bank’s Head of Transactional Products and Services, said: “We are delighted to receive these awards from such prestigious publications. They provide further confirmation of the success of our client-focused strategy and desire to serve clients through our well-established on-the-ground presence in Africa and our global connectivity that links clients to opportunities in Africa.”

Standard Bank was awarded both Best FX Services in Africa and Best Transactional Bank for Financial Institutions in Africa by EMEA Finance’s Treasury Services Awards 2015.

Standard Bank has been a recipient of the EMEA Finance’s Treasury Services Award for the sixth consecutive year. According to EMEA Finance, “Standard Bank takes two titles in this year’s Treasury Services Awards, in recognition of its consistent leadership in transactional banking in Africa.”

Global Finance Magazine awarded Standard Bank 20 accolades, across several categories, including trade finance, payments and collections, cash management, short-term investments/money market funds and sub-custody. These awards were adjudicated against specific criteria such as volume, market share and customer service. Standard Bank Group was chosen by the Global Finance editorial team along with input from expert sources.

The Global Finance Magazine awards are:

Global Finance's World's Best Bank Awards 2015

World's Best Banks 2015
· Standard Bank Group - Africa
· Stanbic Bank Zimbabwe
· Standard Bank Angola

World's Best Investment Banks 2015
· Standard Bank Angola

Best Foreign Exchange Provider 2015
· Standard Bank Group - Africa
· CfC Stanbic Bank Kenya
· Stanbic Bank Botswana
· Stanbic IBTC Bank Nigeria
· Stanbic Zambia
· Standard Bank South Africa
· Standard Bank Angola
· Standard Bank Best Provider of Short-Term Investments/Money Market Funds

Best Treasury & Cash Management Provider 2015
· Standard Bank Best Bank for Cash Management
· Standard Bank South Africa
 

Best Sub-Custodian 2015
· Standard Bank Group - Africa
· Stanbic Bank Ghana
· Stanbic IBTC Bank Nigeria
· Standard Bank Mozambique
· Standard Bank Namibia
· CfC Stanbic Bank Kenya

“The African growth story is on everyone’s lips and as a bank; we need to ensure we are providing financial solutions that address the needs of the various participants involved in the value chain. Having built strong in-country advisory capabilities, Standard Bank is able to deliver a full range of corporate and investment banking services to clients across Africa,” said Mr Khan.

ENDS //

Notes to Editors:

About Standard Bank Group
Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange.
Standard Bank has a 153-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.

Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses provide significant opportunities for growth.

The group has nearly 49 000 employees and over 1 200 branches, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management.  Standard Bank's Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Headline earnings from continuing operations for 2014 were R21 billion (about USD 1.9 billion) and total assets were R1 907 billion (about USD 165 billion). Standard Bank’s market capitalisation at 31 December 2014 was R232,2 billion (about USD20 billion).

The group’s largest shareholder is Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.

For further information go to www.standardbank.com

FOR MORE INFORMATION CONTACT:
Desideria Mwegelo
Head of Marketing and Corporate Affairs
Email:  mwegelod@stanbic.com
Tel:  +255 22 22196343


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