For the third consecutive year, Standard Bank (Mauritius) Ltd was awarded by Global Finance Magazine. The Bank was recognised Best Bank in Mauritius 2018 during the Global Finance’s annual Best Bank Awards held during the IMF/World Bank Annual Meetings in Bali, Indonesia. Standard Bank Group was awarded Regional Winner in the same category alongside South Africa, Uganda and Botswana as country winners.
The selection was made by the editors of Global Finance after extensive consultations with corporate financial executives, bankers and banking consultants, and analysts throughout the world. The winners were growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.
This is the twenty-third year that the magazine has selected top banking performers in emerging markets. With winners chosen in nearly 150 countries across Africa, Asia-Pacific, Central & Eastern Europe, Latin America, the Middle East, North America and Western Europe, this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success.
“At a time of unprecedented change in the financial services industry, Global Finance’s annual Best Bank Awards continue to deliver a consistent evaluation of financial industry performance, whether in developing products to meet emerging financing needs or designing digital platforms that speed and enhance services,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The winners are world-class leaders, responding adeptly to shifting political winds, new technologies and changing market conditions.”
For Lakshman Bheenick, Chief Executive of Standard Bank (Mauritius) Ltd: “The Bank is proud to be recognised once more by this accolade from Global Finance Magazine. This is made possible by our employees who bring our purpose and strategy to life. This recognition reinforces our leadership position as the partner for Africa’s growth opportunities. We remain focus on executing our strategy, reinforcing our value proposition of connecting our clients to the Group’s expertise and the continent’s vast resources from the Mauritius International Financial Centre. We continue to deliver a high quality and consistent level of service to our clients whilst investing in new digital capabilities to even better service our stakeholders.”