Business & Economy

Monday, 14 October 2019 09:32

Standard Bank Scoops Awards at SIBOS

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Standard Bank Scoops Awards at SIBOS

Standard Bank Group, Africa’s largest bank by assets, has received a number of industry awards from Global Finance, presented on the side-lines of the annual 2019 SIBOS conference held in London.

“We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing to drive Africa’s growth,” said Hasan Khan, Group Head of Transactional Products and Services for Standard Bank Group.

In all, Global Finance Magazine awarded Standard Bank 9 accolades, across several award categories for 2019, including:

  • Best trade finance provider in Angola
  • Best trade finance provider in Kenya
  • Best trade finance provider in South Africa
  • Best sub-custodian bank in Africa
  • Best Bank for cash management in Africa
  • Best Bank for liquidity management in Africa
  • Best treasury and cash management provider in Angola
  • Best treasury and cash management provider in Botswana
  • Best treasury and cash management provider in South Africa

“Standard Bank’s combination of our strong network and capabilities allows us to combine our transactional banking expertise on the ground, to deliver client-centric solutions in our chosen markets, across Africa,” said Mr Khan.

Standard Bank has received additional industry accolades for excellence, winning Best Bank in Namibia and Uganda in the 2019 Euromoney Awards of Excellence. EMEA Finance awarded Standard Bank its Best Trade Finance Services in Africa for 2019 and Global Trade Review (GTR) also named Standard Bank Best Trade Finance Bank in East Africa, 2019.

Standard Bank was also recently named Best Transaction Bank of the Year for Africa by The Banker in their Transaction Banking 2019 awards.

As the largest lender by assets in Africa, Standard Bank remains resolute on its Africa strategy and will continue to play a leading role in facilitating trade and capital flows in multiple currencies between African countries themselves, as well as between Africa and prominent international trade corridors.

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