EMEA Finance magazine has awarded Stanbic Bank Tanzania the best Investment Bank in Tanzania of 2014 and its parent company, Standard Bank, as the leading Investment Bank in Africa for the 7th consecutive year.
According to the CEO of Stanbic Bank Tanzania, Ken Cockerill, the award is confirmation of the bank’s capacity to connect capital flows with domestic business opportunities and they are honored to once again be the recipients.
In addition to their award in Tanzania, Standard Bank was also awarded the title of Best Investment Bank in Angola, Botswana, Kenya, Mozambique, Rwanda and Uganda.
CEO of EMEA Finance, Christopher Moore praised Standard Bank for their continuously impressive performance in the capital market’s sector.
“Despite increasing competition from regional and global banks, Standard Bank’s performance in the capital markets space in Africa continues to impress us,” he said.
Stanbic Bank Tanzania Limited was established in 1995 when the Standard Bank Group of South Africa acquired Meridien Biao Bank Tanzania Limited and is now a full service commercial bank that specializes in providing facilities and services to public and private sector corporations, diplomatic missions and international organizations.