Standard Bank awarded Best Sub-custodian Bank in Mozambique

The winners of the World's Best Securities Services Providers in 2016 will be awarded at a ceremony to take place on 28 September next, in Geneva, Switzerland, during SIBOS 2016 conference. 

Based on market research, contributions from expert sources and information shared by banks, Global Finance selected the winning institutions that reliably provide the best services in local markets and regions, including the relationship with customers, service quality , competitive pricing, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices. 

For Standard Bank , these awards result from their experience and a focused vision for this market segment, where only in the current year, from January to June, concluded 69 of the 105 stock exchange transactions on the secondary market and is currently responsible for 20 percent of the market capitalization of the Mozambique Stock Exchange.

André du Plessis, Director of Corporate and Investment Banking at Standard Bank, said that the awards granted by this prestigious international publication, "confirm the success of our strategy focused on the customer and commitment to better serve through our well-established physical presence on the continent and in Mozambique, where the bank has been present for 122 years and intends to stay for centuries to come. "

"Standard Bank continues to position itself as the leading bank on the continent through its operations in 20 countries in Africa, where it offers a full range of corporate services and investment banking customers across the continent," he said adding that “Standard Bank is celebrating this year 122 years of history in Mozambique and is committed to partner private and public institutions to support the continuous growth of this economy”.