Standard Bank receives several awards at Euromoney Real Estate Survey Awards 2014

Sep 11, 2014

South Africa |

Standard Bank Group, Africa’s largest bank by assets and earnings has received several prestigious awards in numerous categories in the 2014 Euromoney Real Estate Survey Awards. The awards speak to Standard Bank’s ability to deliver solutions that showcase the group’s real estate expertise and in-depth knowledge across various markets on the African continent.

Accolades awarded to Standard Bank within the banking category for real estate across Africa include:

  • Best Overall Bank in  Africa
  • Best Loan Finance Bank in Africa
  • Best Equity Finance Bank in Africa
  • Best M&A Advisory Bank in Africa

“We are extremely pleased to have been recognised by Euromoney as the leading real estate bank in Africa. The awards reflect our product expertise as well as our understanding of the markets in which we operate,” said Mr Gary Garrett, Head of Real Estate Finance at Standard Bank.

Standard Bank was also awarded five country specific awards, including:

  • Best Overall Bank in  Nigeria (Stanbic IBTC)
  • Best Loan Finance Bank in Nigeria (Stanbic IBTC)
  • Best Equity Finance Bank in Nigeria (Stanbic IBTC)
  • Best Overall Bank in South Africa
  • Best Loan Finance Bank in South Africa

The Euromoney Real Estate Survey Awards recognise excellence in the real estate sector.  The awards are based on responses to a detailed questionnaire by a broad range of participants across the sector.

Companies that participate in the survey include banks, property developers, investors, asset managers, legal firms and other relevant real estate stakeholders.

Ends //

Notes to Editors:

About Standard Bank South Africa

Standard Bank South Africa is the largest operating entity of Standard Bank Group, Africa’s largest bank by assets. Standard Bank Group had total assets of R1 694 billion (about USD162 billion) at 31 December 2013, while its market capitalisation was R209.4 billion (about USD20 billion).

In South Africa, Standard Bank provides the full spectrum of financial services. It’s Corporate and Investment Banking division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate and Investment Banking division delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.

Standard Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Standard Bank’s personal and business banking unit offers banking and other financial services to individuals and small-to-medium enterprises. Standard Bank has more than 720 branches and over 7 100 ATMs in South Africa. Independent surveys of customer satisfaction consistently place Standard Bank at or near the top of their rankings.

Standard Bank’s personal and business banking products include mortgage lending, instalment sale and finance leases, card products, transaction and lending products, and bancassurance.

For further information go to http://www.standardbank.co.za/cib


FOR MORE INFORMATION CONTACT:

Ross Linstrom

Standard Bank Media Relations

Email:  [email protected]

Mobile:  083 262 1882

OR

Hayley Crane

Standard Bank Media Relations

Email:  [email protected]

Mobile:  083 795 7422

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