Stanbic Bank named best FX provider in Botswana

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Mr. Sentsho Tselayakgosi, Head, Global Markets

Mr. Sentsho Tselayakgosi, Head, Global Markets

Stanbic Bank Botswana has been named the Best Foreign Exchange Provider in Botswana for a third consecutive year for the 2015 Global Finance World’s Best Foreign Exchange Providers Awards. Standard Bank Group, has also been named Best Foreign Exchange Provider in Africa.

The following operations within Standard Bank Group were also named Best Foreign Exchange Providers in their respective countries:

  • Nigeria Stanbic IBTC
  • South Africa Standard Bank
  • Kenya CfC Stanbic Bank
  • Zambia Stanbic Zambia,

Furthermore, in the only new African country submission that was available, Standard Bank Angola also won Best Foreign Exchange Provider in Angola 2015.

“We are once again humbled by the recognition as the best foreign exchange provider in Botswana. “This acknowledgement of Stanbic Bank’s efforts yet again is a testament to our ongoing commitment to connecting Botswana to the rest of Africa and the world,” said Mr Sentsho Tselayakgosi, Stanbic Bank Botswana Head, Global Markets. “As a truly African bank with a deep specialisation in resources, Stanbic Bank is ideally positioned to facilitate the foreign exchange needs of our customers.”

The Global Finance Magazine Awards are annual awards that recognise the leading players in foreign exchange trading across the world. The awards take into account insights from industry analysts and experts from 97 regions across the globe with winners chosen on factors ranging from market share to transaction volume, global coverage and innovation.

With operations spanning 20 African countries, Standard Bank is committed to the ongoing development of the continent’s financial markets. Standard Bank’s footprint across Africa, coupled with its eminence in international markets, enables it to tap pools of capital from across the world to boost the liquidity and depth of the continent’s currency markets.

“Stanbic Bank Botswana continues to lead the charge particular in the corporate investment banking space, and this recognition is evidence of that fact. We continue to make every effort to ensure we move all of our valued stakeholders forward through providing an exceptional, relevant, banking experience,” said Mr Tselayakgosi.

At Group level, Standard Bank continues to perform extremely well and has proven its dominance as a world class African bank and foreign exchange provider. The Group’s widespread network across Africa means we are able to meet the foreign exchange requirements of our clients, wherever they may be operating on the continent.

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