Standard Bank named Bank of the Year

The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Malawi,  Botswana, Lesotho and Zimbabwe

The journal recognised Standard Bank for its ability to gain strategic advantage, adapt to variable market conditions, secure important deals and succeed in an increasingly competitive landscape.

The bank’s Malawi Managing Director Charles Mudiwa said they were “delighted” with the recognition.

And Deputy Chief Executive, Standard Bank Group, Ben Kruger, says of the awards: “Standard Bank has a deep and long-standing commitment to developing business in Africa. We are delighted with this recognition of our ability to connect Africa and the world.”

He believes the awards reflect the group’s continued growth across the continent and its substantial investment in the development of local presence and infrastructure.

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