Standard Bank extends leading position in Africa with three major awards

Standard Bank's growing influence across African markets received significant acknowledgement today with the announcement that the banking group has been named Best Investment Bank In Africa, Best Bank in South Africa and Best Investment Bank in Nigeria in the Euromoney Awards for Excellence 2010.

The Euromoney panel of judges took into account key performance indicators including volume of business transacted, innovation and leadership, credit ratings, quality of assets and earnings, and efficiency ratios. Euromoney is a premier information source for the wholesale finance industry, reporting on capital markets, investment, foreign exchange and treasury as well as regional markets.

"These awards mark a further milestone in achieving Standard Bank's vision to connect Africa to the world and the world to Africa," says Jacko Maree, Standard Bank Group Chief Executive.

Standard Bank has on-the-ground presence in 17 African countries 16 countries outside the continent and provides the full spectrum of corporate, advisory, transactional and investment banking services.