Stanbic IBTC Capital, the investment banking arm of Stanbic IBTC Holdings, has once again been honoured as the ‘Best Local Currency Bond House’ at the EMEA Finance Awards for the second consecutive year. This accolade, according to a statement, underscores the firm’s exceptional performance and significant contribution to the Nigerian capital markets.
At the EMEA Finance Achievement Awards ceremony held in London on May 6, 2024, Stanbic IBTC Capital also garnered four additional recognitions. Among these was the Best Sovereign Sukuk Programme Award, which lauded the firm’s management of Nigeria’s ₦150 billion domestic Sukuk programme, showcasing its adeptness in supporting governmental initiatives through innovative Islamic finance solutions.
The firm also received the Best Naira Bond award for its role in Flour Mills of Nigeria’s ₦46 billion 3-year Fixed-rate Bond issuance, demonstrating its proficiency in navigating the local debt market and supporting the strategic growth of its corporate clientele.
Finally, the Best Project Bond in EMEA Award was conferred on Stanbic IBTC Capital for acting as Lead Issuing House and Adviser in Lagos Free Zone’s ₦17.5 billion 20-Year InfraCredit Guaranteed Issuance. These awards collectively affirm Stanbic IBTC Capital’s market leadership position in the investment banking sector and its commitment to providing innovative investment banking solutions that drive economic growth and development in Nigeria.
Oladele Sotubo, Chief Executive of Stanbic IBTC Capital, expressed gratitude for the recognition from EMEA Finance, thanking the company’s clientele for their trust.
“We remain deeply thankful to our clients for their continued trust and partnership. Their support enables us to deliver innovative investment banking solutions that meet their needs and drive Nigeria’s growth.
He emphasised that the company’s Investment Banking team aims to uphold the highest standards of service and expertise; with the intention to always exceed clients’ expectations, in line with Stanbic IBTC Group’s values, two of which are delivering to stakeholders and constantly raising the bar.
The EMEA Finance Award is a highly respected and competitive annual event that recognises the best financial institutions and transactions across Europe, the Middle East, and Africa (EMEA).
Stanbic IBTC Capital’s multiple wins underline its position as a leading investment banking and advisory firm in the Nigerian and broader African markets.
Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, is Nigeria’s leading investment banking franchise registered with the Nigerian Securities and Exchange Commission (SEC) as an issuing House and Underwriter. With excellent advisory and a good understanding of the capital market, the company has a proven track record of raising long-term finances for its corporate clientele.
With a rich experience in dealing both primary and secondary markets and a seamless working relationship with other investment banking teams within Standard Bank Group, the firm delivers unparalleled local expertise and a global, Africa-focused network to its clients.
