Standard Bank named Best Investment Bank in Mozambique
Standard Bank was named for the second consecutive year as Best Investment Bank in Mozambique by the prestigious financial publication EMEA Finance Magazine, in October of 2015.
Apart from Mozambique, Standard Bank has achieved this distinction in other seven African countries, namely Angola, Zimbabwe, Uganda, Ghana, Tanzania, Nigeria and South Africa.
In Mozambique, the bank has competed for the award through its work in the project of Liquefied Natural Gas (LNG) to be implemented in Palma, Cabo Delgado, which will have a tremendous economic impact on the country.
The macroeconomic study for the Anadarko Petroleum, developed by Standard Bank Mozambique, analyses the potential economic impact of the LNG project, which is the flag of one of the largest projects in Africa who helped the advanced understanding of LNG projects.
For the eighth consecutive year, Standard Bank Group obtained also by EMEA Finance Magazine, the title of Best Investment Bank in Africa.
According to the Managing Director of Standard Bank Mozambique, Chuma Nwokocha, these distinctions demonstrate how the Bank is contributing to the development of Africa, and Mozambique in particular, through their involvement in several large-scale economic projects.
"We will continue to work together in order to help the Mozambican economy to move forward " he said.
It should be noted that these awards reflect the recognition of the industry by innovative thinking and providing of financial solutions oriented as the partnerships established by Standard Bank with its customers and the community for economic growth.