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Awards for Excellence: Africa

Awards of Excellence

Awards of Excellence: Best in the world

Awards for Excellence: Europe

Awards for Excellence: Nordic region

Awards for Excellence: North America

Awards for Excellence: Latin America

Awards for Excellence: Asia

Awards for Excellence: Middle East

Best regional banks: Citibank, Standard Chartered

With the demise of Meridien BIAO in 1996, the only native bank on the African continent to have expanded significantly outside its own country is South Africa's Standard Bank ­ and it was part of Standard Chartered until 1987. It is represented in 14 countries in sub-Saharan Africa, with much of its expansion outside South Africa achieved through acquisition. It bought the ANZ Grindlays Africa operations in 1992, Meridien BIAO Tanzania in 1995 and also the Lesotho branch of Barclays bank.

However, in terms of profitability, local market innovation and cross-border wholesale banking Standard Bank is still some way behind the two leading institutions on the continent that tie for our best bank award - Citibank and Standard Chartered.

Citibank is the only bank to have a significant presence in both francophone and anglophone parts of the continent. It is now represented in 14 African countries, spread throughout the continent.