CfC Stanbic Bank Kenya scoops two international banking awards

CfC Stanbic Bank Kenya, Chief Executive, Mr. Philip Odera

CfC Stanbic Bank Kenya has been named the Best Forex Provider and Best Sub-Custodian at the EMEA Finance’s Treasury Services Awards and Global Finance's World's Best Bank Awards, 2015. The awards were presented at the Sibos conference in Singapore.

Commenting on the awards, Regional Head of Corporate and Investment Banking Mike Blades said that the bank is delighted to have won the two prestigious international awards, reaffirming the outstanding level of expertise and service provided by the bank to its clients.

“These international awards provide further confirmation of the success of our client-focused strategy and desire to serve clients through our well-established on-the-ground presence in Kenya and the East African region and our global connectivity that links clients to opportunities in Africa,” said Mr Blades.

During the same awards, Standard Bank Group, CfC Stanbic Bank’s parent company, collected 22 awards in total amongst them being the Best FX Services in Africa and Best Transactional Bank for Financial Institutions in Africa by EMEA Finance’s Treasury Services Awards 2015.

Standard Bank has been a recipient of the EMEA Finance’s Treasury Services Award for the sixth consecutive year. Acknowledging all 22 awards, Hasan Khan, Standard Bank’s Head of Transactional Products and Services, said: “The African growth story is on everyone’s lips and as a bank; we need to ensure we are providing financial solutions that address the needs of the various participants involved in the value chain. Having built strong in-country advisory capabilities, Standard Bank is able to deliver a full range of corporate and investment banking services to clients across Africa.”

Global Finance Magazine awarded Standard Bank 20 accolades, across several categories, including trade finance, payments and collections, cash management, short-term investments/money market funds and sub-custody.

These awards were adjudicated against specific criteria such as volume, market share and customer service. Standard Bank Group was chosen by the Global Finance editorial team along with input from expert sources.