WORLD'S BEST EMERGING MARKET BANKS 2011 IN AFRICA

Global Finance names the 2011 World's Best Emerging Market Banks in Africa

NEW YORK, March 24, 2011 — Global Finance magazine has named the “Best Emerging Market Banks in Africa” in an exclusive survey to be published in the May 2011 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging market bank in the region and in 22 countries. No awards given this year for Coted d’Ivoire or Libya. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

This is the eighteenth year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Asia, the Middle East and Africa, Latin America, and Central and Eastern Europe. “We remain in an unusually challenging environment for banks and their customers,” says Joseph Giarraputo, publisher of Global Finance . “More than ever, customers are demanding superior competence from their banking partners. These are the banks best providing that competence.”