Standard Bank wins at 2009 Euromoney Awards

Commenting on the awards, Richard Gush, chief executive, Corporate and Investment Banking, Standard Bank Africa said: "We are pleased to have won these awards - they are a tribute to our teams in Africa and the customers they serve. It's good to be recognised for what we have achieved, but we still have much to do to fulfil our ambitions on the African continent.”

During 2008, Standard Bank completed many transactions across Africa, including as joint issuing house, arranger and primary dealer to a Niara 275 billion debt issue programme by the Lagos state government, as lead mandated arranger on the Tanesco loan - one of the largest single commercial loans ever arranged in East and Central Africa, and as joint issuing house and underwriter to a US$2.5 billion regional IPO by ETI across Nigeria, Ghana and the UEMOA region.

Yinka Sanni, executive director at Stanbic IBTC in Nigeria added: “We are especially pleased to be recognised as Best Investment Bank in Nigeria. It reflects the great progress we have made in building a strong combined business in Stanbic IBTC. It is also a testimony to the confidence our clients have shown in the Standard Bank brand.”

Euromoney magazine was founded in 1969, and is an information source for the wholesale finance industry.