Winner: Standard Chartered Bank Highly commended: HSBC
Unique presence and capability
In tune with its credentials as a leading emerging markets financial institution, Standard Chartered Bank (StanChart) has been developing its presence in sub-Saharan Africa as it views the region as a core part of its overall strategy as a trade finance arranger and provider.
The head of commodity corporates, Maureen DeRooij, is keenly interested to enhance the commodity industry focus in the region: "Africa has 11% of the world's oil, 90% of the world's platinum, palladium, cobalt, 50% of the world's gold, Côte d'Ivoire and Ghana produce 50% of the world's cocoa beans etc. It is a key region for our energy, metals and agri businesses." The network has been...
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