Awards for Excellence 1999: Africa

Awards for Excellence 1999

Awards for Excellence 1999

Africa

Best banks: Standard Chartered Bank, Citigroup

Sub-Saharan Africa has few regional banks. Some French- and British-owned banks have operations in their former colonial areas, and South African banks have a limited presence in South Africa’s main export markets.

Citigroup is the only truly pan-African player. It typically has a branch in each capital city, and sometimes in other major cities. Its clients are the top local companies, plus multinationals. Its African services are fully globally integrated, and offer a technological edge over rivals.

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