Euromoney puts Standard Chartered’s unit top in Africa

Standard Chartered Private Bank jumped to first place in Africa, winning the most number of awards for the continent at the Euromoney’s 14th yearly private banking survey.

The unit won awards as Best Private Banking Services Overall– Africa and Nigeria; International Clients offering– Africa and Nigeria; and UHNW clients– Nigeria.

The Euromoney surveys reflect feedback from industry peers and competitors, making this a significant win and recognition of our Private Banking brand and capabilities.

The Regional Head, Private Banking, EAME, Ian Gibson, said: “The Euromoney awards are evidence that we are a highly regarded Private Bank in Africa. The survey included leading global as well as local banks, so our ability to come out ahead of strong competitors is a major win.

“We are unlocking opportunities for our clients in Africa by connecting our local teams with our global experts across our footprint – putting our clients at the centre of everything we do.

According to the lender, this is a tremendous reflection of the strength of the Private Banking team that the institution is building in Africa and the reputation in the market, particularly in Nigeria.

“We will continue to invest in our teams and build on our capabilities to provide clients with a best-in-class experience,” the Market Head Africa and Europe, Hugo Borges, said.

This year’s edition marked the 14th of Euromoney’s Private Banking and Wealth Management Survey- the industry’s leading barometer of the world’s best service and product providers to the world’s wealthy.

Close to 700 institutions took part in the survey, with 2,951 valid responses, a 12.8 per cent increase on last year.