New York, March 17, 2014 - Global Finance magazine has named the World’s Best Emerging Markets Banks in Africa in an exclusive survey to be published in the May 2014 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants—selected the best emerging markets bank in the region and in 31 countries.
Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. In addition, for the first time, a poll of Global Finance ’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
This is the twenty first year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Latin America, Central & Eastern Europe, Asia-Pacific, the Middle East and Africa.
“Faced with slowing growth and volatile markets, these banks are star performers under increasingly challenging conditions,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance . “The banks that Global Finance is honoring may not be the largest or oldest, but they are the best at targeting their products and offerings to the specific markets they serve."
|REGIONAL WINNER||Standard Bank|
|Algeria||Arab Banking Corp Algeria|
|Botswana||Barclays Bank of Botswana|
|Burkina Faso||United Bank for Africa (Burkina Faso)|
|Cameroon||United Bank for Africa (Cameroon)|
|Côte d’Ivoire||Standard Chartered|
|DR Congo||Trust Merchant Bank|
|Djibouti||International Commercial Bank (Djibouti)|
|Ethiopia||Commercial Bank of Ethiopia|
|Gambia||Standard Chartered Bank Gambia|
|Ghana||Ghana Commercial Bank|
|Guinea||Ecobank Guinea Conakry|
|Kenya||Barclays Bank of Kenya|
|Madagascar||Bank of Africa-Madagascar|
|Nigeria||First Bank of Nigeria|
|Senegal||United Bank for Africa (Senegal)|
|Sierra Leone||Standard Chartered|
|South Africa||Standard Bank|
|South Sudan||Ivory Bank|
|Sudan||Faisal Islamic Bank|
|Tunisia||Banque Internationale Arabe de Tunisie|
|Uganda||Stanbic Bank Uganda|
|Zambia||Standard Chartered Bank Zambia|
|Zimbabwe||Standard Chartered Bank Zimbabwe|