Standard Bank wins top global accolade - Investment Bank of the Year for Africa 2024
We are proud to announce that we have been selected as the winner of the 2024 Investment Bank of the Year for Africa by The Banker awards recognising the best in banking globally.
The Banker Investment Banking Awards recognise market leaders across the global investment banking industry who have continued to innovate and deliver positive outcomes for their clients despite the various macroeconomic challenges during the past year. Banks were judged based on the quality of service, execution, problem-solving and innovation and the development of new products, structures and services to help clients and shape the market.
We were awarded due to our ability to set ourselves apart from the competition in the following areas:
- Our innovative approach in the syndicated loan market, resulting in the launch of our first-of-its-kind digital loan agency platform called Reach, which automates tasks and proactively guides users through the loan cycle
- Our role as joint mandated lead arranger and bookrunner in South Africa’s largest debt transaction of 2023 with the Maziv Proprietary Limited telecoms deal worth R25bn ($1.4bn)
“We are extremely proud to have received recognition from The Banker as the Investment Bank of the Year for Africa. It’s a testament to the success of our Africa-led growth strategy, where we are now present across 20 African markets. This pan-African presence, coupled with a comprehensive investment banking product offering and the largest balance sheet on the continent, ensures that we can deliver innovative and sustainable solutions for our clients and inclusive, responsible growth for the continent. Africa is our home; we drive her growth,” says Global Head of Investment Banking at Standard Bank Brian Marshall.