Standard Bank Group, Africa’s largest bank by assets, has walked away with 11 accolades at the 2013 EMEA Finance Achievements Awards, including being named best merger and acquisition (M&A) house, best securitization house and best syndicated loan house in Africa.
This is the sixth consecutive year that Standard Bank has received multiple awards from EMEA Finance, which continue to recognise the group’s leading position in the African capital markets. EMEA Finance is a leading bimonthly global industry publication that reports on the major financial events and happenings initiated and influenced by the international financial industry active in Europe, Middle East, and Africa (the EMEA region).
Some of the notable transactions for which EMEA Finance recognized Standard Bank in 2013 were the group’s work on Tiger Brands’ acquisition of 63.35% of Nigeria’s Dangote Flour Mills and China’s Jinchuan Group’s US$1.3-billion acquisition of JSE listed copper miner Metorex in 2012. Standard Bank was recognized for being the best syndicated loan house in Africa largely because of facilitating the raising of a US$600-million two-year term loan on behalf of the Kenyan government.
The group was also recognised in the following categories:
Mr David Munro, Chief Executive of Standard Bank Corporate and Investment Banking said “Standard Bank has a clear, strategic focus on Africa and these awards demonstrate our desire to provide excellent service to our clients as we work towards the development of the continent we call home”.
“Our bank’s deal-making teams across the continent have helped to structure and deliver these transactions for African companies and sovereigns. Leveraging our global footprint, expertise, experience and on-the-ground presence enables us to work with our clients to help them deliver their strategic goals.”
Over the years, Standard Bank has built strong in-country advisory capabilities in a number of key global markets, including South Africa, Nigeria, Kenya, Ghana, Mozambique, China and London, delivering a full range of corporate and investment banking services to clients across various emerging markets. The bank’s strategy is to remain committed to Africa, with a particular focus on natural resources and infrastructure.
The latest EMEA Finance
Achievement awards add to Standard Bank Group’s list of accolades already received so far in 2013. These include winning: the African Deal of the Year award for Konkola Copper Mines financing in recognized in the 2013 Project Finance Deal of the Year Awards; Commercial Deal of the Year in the 2013 Trade & Forfaiting Review Deals of the Year for arranging finance for commodities trader Export Trading Group; and being named Best Trade Finance Bank in Africa by Global Finance.
For further information contact:
+27 (0)83 252 7678
Head: Communications Africa, Standard Bank
+27 (0) 82 805 0210
For more information: www.standardbank.com