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Thursday, 12 November 2020

STANBIC BANK WINS BEST INVESTMENT BANK AWARD 2020

Dar es Salaam, November 2020 - Stanbic Bank Tanzania has been named Best Investment Bank in Tanzania for the year 2020 by EMEA Finance – a journal dedicated exclusively to reporting financial events and triumphs in the international finance industry.

The results of Best Investment Banking award are based on the degree to which the selected banks demonstrate their exceptional depth of market understanding and excellence in offering services to investors to contribute to the development of the national economy.

Speaking about the award Stanbic Bank Tanzania Chief Executive, Kevin Wingfield said winning the award reiterates the bank’s continued leadership in the investment banking landscape of the country. “Over the years, Stanbic has been supporting the growth objectives of both Government and our corporate customers looking for a banking partner focused on delivering tailored solutions for our clients. Having built strong in-country advisory capabilities supported by global sector expertise, we have been delivering a full range of investment banking services to our clients and this award is a testament to this”. said Wingfield.

“We have partnered with our clients in supporting a number of projects including; infrastructure, power, mining, telecoms, construction and trade. Many of these projects are key drivers of economic growth and tools towards achieving Tanzania’s industrialization goals”. added Wingfield.

Wingfield further highlighted that the award was as a result of mutual efforts between the bank’s customers and partners, and that we are all committed to continue finding innovative ways of making dreams possible by enabling key projects to materialize. This award aligns closely with our brand promise of “IT CAN BE”.

Stanbic Bank Tanzania

Stanbic Bank Tanzania is part of the Standard Bank Group, Africa’s largest bank by assets.

Stanbic Bank Tanzania provides the full spectrum of financial services. Its Corporate & Investment Banking (CIB) division serves a wide range of requirements for banking, finance, trading, investment, risk management and advisory services. Corporate & Investment Banking delivers this comprehensive range of products and services relating to: investment banking; global markets; and global transactional products and services.

Standard Bank’s corporate and investment banking expertise is focused on industry sectors that are most relevant to emerging markets. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.

Stanbic Bank Tanzania’s Personal and Business Banking unit (PBB) offers banking and other financial services to individuals and small-to-medium enterprises. PBB serves the increasing need among Africa’s small business and individual customers for banking products that can meet their shifting expectations and growing wealth.

For further information, go to www.stanbicbank.co.tz

Or please contact:


Desideria Mwegelo
Head of Marketing
mwegelod@stanbic.com
Tel +255 (0) 22 219 6343

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