Standard Bank and The Mauritius Commercial Bank are among the top Afican banks winning numerous awards and accolades.
Standard Bank is a leading African banking group that focused on emerging markets globally. The bank's Corporate and Investment Banking division serves a broad range of client requirements around the world for banking, finance, investment, trading, risk management and advisory services.
Standard Bank has received numerous awards such as the Best Investment Bank in Africa (Euromoney 2009), Best Bank for Payments and Collections in Africa (Global Finance Magazine 2009), Best Trade Finance Bank in sub-Saharan Africa (Global trade review 2009), African Bank of the Year (The Banker 2009), to name a few.
The Mauritius Commercial Bank (MCB) is one of the best banks in Mauritius, with a strong presence in countries overseas including Madagascar, Maldives, Mozambique, Seychelles, Mayotte, Réunion Island, South Africa and France.
In The Banker July 2010, MCB is ranked 743rd among the Top 1000 Banks; 25th in sub-Saharan Africa; 134th globally in terms of soundness; 42nd for Return on assets; and 116th for Profit on average capital. The bank also received accolades for Annual Report 2009, awarded by PricewaterhouseCoopers: Overall winner, best SEM-7 company and best website at their Corporate Reporting Awards.
Please visit the relevant guide for the list of strongest African banks. The author, Loke Yuen Wong, holds an MBA from Heriot-Watt University (UK) and a BCom degree from The University of Adelaide (Australia).
