13 July 2016

Tanzania: Stanbic Gets Euromoney Awards for Excellence

Standard Bank has been recognised as Africa's Best Bank for Markets and Africa's Best Bank for Wealth Management at the 2016 Euromoney Awards for Excellence.

The bank, which trades in the country as Stanbic, was awarded the prizes in London, United Kingdom recently. In addition, Euromoney also named Standard Bank as the best bank in Uganda, (Stanbic Uganda) and in Zambia, (Stanbic Zambia).

Standard Bank Group Chief Executive Sim Tshabalala said they were delighted by awards which reflect the commitment of serving better their clients.

"We think they reflect our commitment to serving our clients with excellence both through our physical network in Africa and by linking Africa to markets and investors in the rest of the world," Mr Tshabalala said.

He said that Standard Bank continues to position itself as the leading bank on the continent through its operations across 20 countries in Africa and in the major global financial centres.

Having built strong in-country advisory and wealth management capabilities, Standard Bank is able to deliver a full range of universal banking services to its clients. Regarded as the benchmark awards for financial services globally, the Euromoney Awards for Excellence are now in their 25th year.

Euromoney's dedicated editorial team and awards panel rated all submissions on both quantitative and qualitative factors such as key performance indicators, financial ratios and innovation over the preceding 12-month period.

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