Standard Bank Group has received 18 prestigious awards at the recent Sibos conference in Boston.
Two of the awards went to Standard Bank by the Financial Magazine “EMEA” at the award ceremony for its cash services. Fifteen of the awards were given to the bank by the Global Finance magazine for its global financial transaction processing. The last award was given by Asian Banker.
These competitions are in their fifth year of existence and Standard Bank was recognized for each of the consecutive years. According to EMEA Finance, “Standard Bank takes two titles in Treasury Services Awards this year, in recognition of its transactional work for customers to financial institutions as well as its expertise in trade finance.”
Global Finance Magazine awarded Standard Bank in several categories, including trade finance, payments and receipts, cash management, assets management, money market funds and sub-custodian. The awards were judged on specific criteria such as volume, market share and customer service. Standard Bank Group has been selected by the Global Finance team with data from the experts.
Recognizing the 18 awards, the head of transactional products and services of Standard Bank, Surgey Neil said: “We are delighted to receive these awards from such a prestigious publications. They provide further confirmation of the success of our customer-focused strategy and the desire to serve customers through our physical well-established presence in Africa and global connectivity that connects clients to Africa.”
Surgey said Standard Bank continues to position itself as the leading bank on the continent through its operations in 20 countries in Africa. Having established strong consulting capabilities in the country, Standard Bank is able to provide a full range of business services and investment banking to clients across Africa.