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21 May 2009
Bank scoops four awards
Global Finance magazine has announced its selection of the World's Best Investment Banks 2009.
Standard Bank has been named the overall 'winners' in four categories:
Best Investment Bank in Africa 2009
Best Debt Bank in Africa 2009
Best Investment Bank in Nigeria 2009
Best Investment Bank in South Africa 2009
"The last 12 months have been some of the most difficult ever for investment bankers," said
Global Finance Publisher, Joseph D Giarraputo.
"But many institutions made heroic efforts to continue to provide the best possible services to their clients, and we salute them."
Global Finance editors, with input from industry experts, used a series of criteria to arrive at their selections.
These included market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, and after-market performance of underwritings.
Deals announced or completed in the last three quarters of 2008 or the first quarter of 2009 were considered.
Winners will be honored in an awards ceremony in Istanbul in October this year.
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