Standard Bank Group, Africa’s largest
bank by assets and earnings, won 10 prestigious awards that validate
its client-centric focus as well as its capabilities and expertise
across an extensive network. The awards were announced at the annual
SIBOS conference currently underway in Dubai.
Two of the accolades were presented to
Standard Bank at the EMEA Finance Magazine awards ceremony for Treasury
Services and an additional eight at the Global Finance Magazine awards
ceremony for Global Finance Transaction Processing.
The two EMEA Finance’s Treasury Services
Awards 2013 are treasury services in Africa and best transactional bank
for financial institutions in Africa.
The EMEA awards are in their fourth year
of existence and Standard Bank has been acknowledged in each
consecutive year. According to the EMEA Finance these awards recognize
those banks “whose ingenuity, innovation, and investments in cash
management, FX and other treasury services are making life easier for
their corporate clients in a changing financial world”.
The Global Finance Magazine awards for
Global Finance Transaction Processing 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 other awards are best trade finance
provider in Africa; best trade finance bank in South Africa; best
overall bank for treasury & cash management in Africa and best bank
for payments and collections in Africa.
They also include, best foreign exchange
provider in Africa; best sub-custodian in Nigeria (Stanbic IBTC); best
FX provider in Botswana, Nigeria, Zambia (Stanbic IBTC) and South Africa
and best provider of money market funds in Africa.
“We are delighted to receive these
awards from such prestigious publications as EMEA Finance and Global
Finance. They provide further affirmation of Standard Bank’s
client-centric strategy and continued investment in transaction banking
in Africa,” Hasan Khan, the bank’s Head of Transactional Products and
Services, Africa, said.
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