WORLD’S BEST EMERGING MARKET BANKS 2011 IN AFRICA



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

150_EMBAnks2011

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

editorswith input from industry analysts, corporate executives and banking consultantsselected the best emerging market bank in the region and in 22 countries. No awards given this year for Coted dIvoire 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.



Regional Winner: Standard Chartered Bank


Algeria

Arab Banking Corporation Algeria


Angola

Banco Espirito Santo Angola


Botswana

Standard Chartered Bank Botswana


Democratic Republic of Congo

Standard Bank Congo


Cote dIvoire

No Award Given

Djibouti
International Commercial Bank-Djibouti


Ethiopia

Nib International Bank


Gambia

Standard Chartered Bank Gambia


Ghana

Ghana Commercial Bank

Guinea
International Commercial Bank Guinea

Kenya
Barclays Bank of Kenya

Libya
No Award Given

Mauritius
Mauritius Commerical Bank

Morocco
Attijariwafa Bank

Mozambique
Millennium bim

Namibia
Standard Bank Namibia

Nigeria
FirstBank

Rwanda
Banque Commercial du Rwanda

Senegal
CBAO Attijariwafa Bank

Sierra Leone
International Commercial Bank-Sierra Leone

South Africa
Standard Bank

Sudan
Al Salam Bank Sudan

Togo
Ecobank

Tunisia
Banque Internationale Arabe de Tunisie

Uganda
Stanbic Bank Uganda

Zambia
Standard Chartered Bank Zambia

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