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Thursday, May 1, 2014
London, 30th May – Attijariwafa Bank, Standard Bank, GTBank, and Nedbank are among the shortlisted finalists for the African Banker magazine’s 2014 African Banker Awards.The recently disclosed shortlist reveals the 36 banks and financial institutions in the running for the top prizes available for the eighth edition of this competition. The final winners will be announced at the prestigious Awards ceremony and gala dinner on the 21st May in Kigali, Rwanda, during the African Development Bank Annual Meetings.
Omar Ben Yedder, Group Publisher of African Banker magazine and head of the African Banker Awards Committee, was particularly impressed by the entries in the Deal of the Year (“Equity” and “Debt”) categories stating: “It has been encouraging and fascinating to read the entries in the deal of the year categories, which are the most competitive of the lot. The transactions are encouraging because of their level of sophistication and also they highlight the amount of activity now taking place throughout the continent, some of which transformative, such as what we are seeing in the power sector. Also, encouragingly, is the fact that many of these deals are being financed and structured by local African banks in conjunction with global partners.”
The African Banker Awards was one of the first events created exclusively for the sector to celebrate and recognise the individuals and financial institutions contributing to the rapid modernisation of Africa’s banking sector and to changed perceptions of the continent’s domestic and international markets. It remains the only competition event exclusively for the African banking community to be endorsed by the African Development Bank (AfDB), the High Patron of the event. The AfDB, celebrating their 50th anniversary this year, will hold their Annual Meetings in Kigali, Rwanda from the 19th – 23rd May 2014.
Commenting on the industry as a whole Omar Ben Yedder, Publisher of African Banker magazine, added: “the banking and financial services industry continues to develop rapidly, even if we’d like it to work harder and see it participate more actively in the real economy. It continues to be one of the fastest growing industries and we are pleased to see new entrants coming into the space, something we hope will help to elevate the bar in terms of products and services. This can only work to better serve the interests of the African consumer.”
The African Banker Awards is organised by African Banker magazine and BusinessinAfrica Events.
A distinguished and independent panel of judges, known and respected for their expertise on the African banking and finance industry, will decide the final winners of shortlisted categories.
The Awards are sponsored by East African Development Bank as Regional Host, Emerging Markets Payments as Platinum Sponsor and Mastercard as Lead Sponsor.
Other sponsors and supporters include Banque Centrale Populaire, BGFI Bank, GTBank, Development Bank of Rwanda, Bank of Kigali, Oracle Financial Services, Bank of Industry, Ecobank Nedbank Alliance, Travelex, CRDB Bank, Wavetec, Amethis Finance, FirstBank Nigeria, the Islamic Corporation for the Development of the Private Sector, BFI, RSwitch, Rwanda Bankers’ Association and Rwanda Development Board.
Shortlist:
African Bank of the Year
African Banker of the Year
Investment Bank of the Year
Award for Innovation in Banking
Socially Responsible Bank of the Year
Award for Financial Inclusion
Deal of the Year – Equity
Deal of the Year – Debt
Fund of the Year
Best Retail Bank in Africa
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