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SA banks shortlisted in African Banker Awards

May 09 2016 20:03

Cape Town - Rand Merchant Bank [JSE:RMH] and Standard Bank [JSE:SBK] are competing for top honours in the 2016 African Banker Awards, which is now in its 10th year.

The 2016 Banker Awards shortlist was announced on Monday and sees Rand Merchant Bank dominating the investment banking and deal entries, while Standard Bank is another strong performer.

The winners will be revealed at an awards ceremony during the African Development Bank annual meetings in Lusaka, Zambia on May 25.

The awards come as the banking sector is undergoing significant changes. Barclays is seeking to deconsolidate as they focus on their core non-African markets. There is also talk of further consolidation across the continent from Kenya, to Ghana through Zambia and Tunisia.

"We are thrilled that the African Banker awards are celebrating their tenth anniversary this year,” said Omar Ben Yedder, publisher of African Banker, which is a quarterly magazine dedicated to banking and finance in Africa.

“We introduced these awards as a way of recognising the enormous potential of the African banking and financial services sector. Since then, many of our financial institutions have transformed and are well established to compete with the best in class,” he said.

“During this period, corporate and retail banks, along with private equity and investment firms and insurance providers have withstood the effects of the global financial crisis, emerging stronger and fit for purpose."

The awards are open to all African financial institutions, including banks, micro-financiers, investment banks, development finance institutions and other financial services institutions.

Rand Merchant Bank from South Africa dominates the investment banking and deal entries, while GTBank from Nigeria and Ecobank are nominated three times. Other strong performers include Standard Bank from South Africa, CRDB Bank from Tanzania, KCB from Kenya and Attijariwafa Bank from Morocco.

Here is the 2016 Banker Awards shortlist:

Banker of the Year
Segun Agbaje - GTB Nigeria
Hisham Ezz el Arab - CIB Egypt
Joshua Nyamweya Olgara - KCB Kenya
Dr Charles Kimei - CRDB Bank Tanzania
Paulo Alexandre Duarte de Sousa - BCI Bank Mozambique   

Bank of the Year
Attijariwafa, Morocco
Banque Centrale Populaire, Morocco
Guaranty Trust Bank, Nigeria
Standard Bank Group
Mauritius Commercial Bank, Mauritius   

Best Retail Bank
BCI, Mozambique
CRDB Bank, Tanzania
Ecobank
Guaranty Trust Bank, Nigeria
KCB, Kenya   

Investment Bank of the Year
Citigroup
Fieldstone
Lazard
Rand Merchant Bank
Vetiva   

Award for Financial Inclusion
Attijariwafa Bank, Morocco
Banque Nationale pour le Developpement Economique, Senegal
Ecobank
Mastercard - National Bank of Egypt
Safaricom and KCB, Kenya   

CSR  
Bank M, Tanzania
BMCE, Morocco
Commercial International Bank, Egypt
Ecobank
Standard Chartered, Zambia   

Innovation
Bidvest and Mastercard, South Africa
Equity Bank, Kenya
Guaranty Trust Bank, Nigeria
Mauritius Commercial Bank, Mauritius
Ovamba Cameroon Solutions, Cameroon   

Deal of the Year - Equity
EDITA Food Industries IPO (EFG)
Mediclinic's $2.1bn reverse takeover of Al Noor Hospitals (RMB)
Oando $290m rights issue (Vetiva)
Naspers $2.5bn Accelerated Equity Offering (Citi)
Saham's acquisition of majority stake in Continental Re. (Stanbic IBTC)   

Deal of the Year - Debt
Accugas (FBN Capital)
Cameroon's currency swap (Lazard)
Cote d'Ivoire Sukuk (ICD)
Richard Bay Minerals Syndicated Term (Rand Merchant Bank)
Transcorp Domestic Bond (United Capital and Stanbic IBTC)   

Infrastructure Deal of the Year  
Azura - Edo IPP (Fieldstone; Rand Merchant Bank; Standard Bank; IFC)
Itezhi-Tezhi Hydro Power Station (Fieldstone)
Maamba Collieries (Barclays)
Minister of Finance Angola Roads Financing (Rand Merchant Bank)
Zina Solar One Power Solar Project (Rand Merchant Bank

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