(Panthera pardus)
Female leopard descending from its favourite tree.
Londolozi, Sabi Sand, South Africa
Standard Bank Offshore Group has picked up the ‘Best International Structured Product Provider Award’ for the third consecutive year and been awarded a highly commended in the ‘Best International Banking Service Award’ category, in the annual International Fund and Product Awards.
Standard Bank Isle of Man’s success in the Awards is underpinned by the Isle of Man winning the ‘Best International Finance Centre’ Award. Laurence Skelly, Minister for Economic Development said: “I would like to congratulate Standard Bank on their success at the awards. Their achievement reflects the high standards in our banking sector as well as highlighting the Island’s reputation as a leading international finance centre.”
The ‘Best International Structured Product Provider Award’ recognises business growth, product range, support to target market, attitude to risk, product education, product enhancements and involvement at industry level. Meanwhile the ‘Best International Banking Service’ is designed to recognise a bank’s service to expatriates.
The judges of the 2015 Awards were impressed with Standard Bank Offshore Group’s initiatives focusing on client education and interaction.
John Hall, Head of IFA distribution said: ‘We’re thrilled to have won the ‘Best International Structured Product Provider Award’ which is welcome recognition for our innovative approach to product development. This award reinforces our position as a leading international products provider and we’re equally delighted to receive endorsement for the fifth consecutive year in the Service Award category for our strategy and commitment to customer service. Our work and dedication is paying off and endorsements such as these go towards further motivating our teams to continue to exceed customer expectations.”
Organised by leading industry publication, Professional Adviser, the International Fund and Product Awards are now in their 16th year. They recognise the work of international product providers and finance centres who are at the cutting edge of distributing financial products and services internationally. Standard Bank Group is the largest African bank by assets with a unique footprint across 20 African countries. Headquartered in Johannesburg, South Africa, we are listed on the Johannesburg Stock Exchange.
About Standard Bank Offshore
Standard Bank has a 153-year history in South Africa and started building a franchise outside southern Africa in the early 1990s.
Our strategic position, which enables us to connect Africa to other select emerging markets as well as pools of capital in developed markets, and our balanced portfolio of businesses provide significant opportunities for growth.
The group has nearly 49 000 employees and over 1 200 branches, which enable it to deliver a complete range of services across personal and business banking, corporate and investment banking and wealth management. Standard Bank’s Corporate & Investment Banking division offers its clients banking, trading, investment, risk management and advisory services to connect selected emerging markets to Africa and to each other. It has strong offerings in mining and metals; oil, gas and renewables; power and infrastructure; agribusiness; telecommunications and media; and financial institutions.
Headline earnings from continuing operations for 2014 were R21 billion (about USD 1.9 billion) and total assets were R1 907 billion (about USD 165 billion). Standard Bank’s market capitalisation at 31 December 2014 was R232,2 billion (about USD20 billion).
The group’s largest shareholder is Industrial and Commercial Bank of China (ICBC), the world’s largest bank, with a 20,1% shareholding. In addition, Standard Bank Group and ICBC share a strategic partnership that facilitates trade and deal flow between Africa, China and select emerging markets.
Standard Bank Offshore Group
Standard Bank Offshore Group offers its clients banking and wealth management solutions which connect selected emerging markets to Africa and to each other. It has relevant expertise and value propositions in offshore banking, institutional banking, fiduciary services and asset management. The Group has teams based in London plus the key offshore centres of Jersey, Isle of Man and Mauritius. For further information visit: www.standardbank.com/international
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