Standard Bank hasÂ been recognised for its excellence in emerging markets winning three awards in the prestigious The Banker â€˜Deal of Yearâ€™ Awards for 2010.
The Banker announced â€˜Deal of the Yearâ€™ awards to Standard Bank for the following three deals: USD$15 million, Cocoa-Receivables Revolving Trade Finance FacilityÂ â€” Agro Traders Limited, (Nigeria); .USD$200 million, Republic of Senegal Eurobond issue _ Republic of Senegal and USD$500 million, Lower Tier 2 subordinated Eurobond .
Each year The Banker, the pre-eminent publication on the banking sector, acknowledges the best financial transactions undertaken in the key regions of Africa, The Americas, Asia, Europe and the Middle East.Â Entries are judged across ten categories ranging from M&A, equities, bonds and Islamic Finance.
Commenting on the wins, Florian von Hartig, Global Head of Debt Capital Markets, said: â€œThese awards from The Banker are testament to Standard Bankâ€™s innovative approach to structuring deals in emerging markets, and I am delighted with the recognition.â€
â€œStandard Bankâ€™s heritage of nearly 150-years, its pioneering spirit and proven track record gives it a distinct advantage in emerging markets, and The Bankerâ€™s accolades are a reflection of the expertise within the team and their ability to structure and deliver high quality transactions to clients.â€
Standard Bank is a one of the leading African banking group focused on emerging markets globally.
It has been a mainstay of South Africaâ€™s financial system for over 145 years, and now spans 17 countries across the African continent.Â Its international expansion has taken it to 16 countries outside Africa including Brazil, Russia and China.Â Its headquarters are in Johannesburg and it is listed on the Johannesburg Stock Exchange.
Standard Bank Plc in London is the bankâ€™s principal international subsidiary. It is authorised and regulated by the Financial Services Authority, and is a member of the London Stock Exchange, the London Bullion Market Association, the London Metal Exchange, the London Platinum and Palladium Market and the New York Mercantile Exchange (COMEX Division).Â Through its branch in Tokyo, it is also a member of the Tokyo Commodities Exchange (TOCOM).