The Banker names Standard Bank best in Africa

The annual Bank of the Year awards recognise banks that succeed in gaining strategic advantage and delivering shareholder returns in spite of volatile market conditions. The Banker recognised Standard Bank for its ability to adapt to changing conditions, secure important deals and succeed in an increasingly competitive landscape.

Said Ben Kruger, deputy chief executive, Standard Bank Group: "Standard Bank has a deep and long-standing commitment to developing business in Africa. We are delighted with this recognition of our capability on the continent as well as our ability to connect Africa and the world.

"Africa will remain our calling card and Standard Bank is ideally placed to capitalise on developments in the region. We are particularly well-placed to connect trade and investment opportunities in Africa to not only developed markets, but also with the emerging BRIC economies that are helping to propel growth in world trade."