Ver Angola

Banking and Insurance

Standard Bank awarded in Angola as Best Bank and Best Investment Bank

Standard Bank of Angola (SBA) was doubly distinguished as Best Bank in Angola 2024 and Best Investment Bank in Angola 2024, by Emeafinance magazine, one of the most relevant international publications in the financial sector, within the scope of the Emeafinance African Banking Awards 2024.

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"These awards recognize, once again, our commitment to boosting growth and socioeconomic development in Angola, and reinforce the importance of always placing customers, partners and employees at the center of everything we do, providing excellent financial services and products in the market, which serve as development multipliers", said Luís Teles, CEO of SBA.

Emeafinance magazine's editorial vision is to be 'the independent voice' for the financial community, its clients and suppliers across the EMEA - Europe, Middle East and Africa region, providing relevant and thoughtful reporting on the activities, challenges and opportunities that exist in one of the most dynamic and emerging regions in the world. It is a complete source of information for the financial sector, dedicated exclusively to reporting financial events, events and triumphs initiated and influenced by the international financial sector.

"Standard Bank has been present in Angola for over a decade and it has been truly motivating to receive these distinctions from international institutions well versed in the sector, which are a reflection of the commitment and dedication of our teams. These recognitions give us even greater motivation to continue working, overcome challenges and achieve great victories, asserting the premise that: Angola is our home and we promote its growth", declared Luís Teles.

In addition to banking services and products, Standard Bank has stood out as one of the main players and promoters of the Angolan capital market, through its subsidiaries Standard Holdings Angola, Standard Gestão de Activos (SGA) and Standard Invest (SI), providing structuring, commercialization and professional management services for Collective Investment Organizations (ICO) and the provision of investment consultancy services and advisory services for corporate finance solutions, financial intermediation, strategic consultancy, access to the securities capital market and to the stock market.

"SI led the consortium to assist and place the first Initial Public Sale Operation (IPO) of ENSA shares, the main insurance company in Angola, in October 2024, which achieved a record subscription in Angola, of 175 percent by the date of November 2024. A fact that makes us proud and reinforces Standard Bank Group's commitment to the Angolan financial market", concluded Luís Teles.

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