Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, has been recognized as the ‘Best Local Currency Bond House’.
The Bank received the award at the EMEA Finance Awards for the second consecutive year.
Accordingly, this award highlights the company’s outstanding performance and key role in the Nigerian capital markets.
In addition to the ‘Best Local Currency Bond House’ award, Stanbic IBTC Capital also earned four other recognitions at the EMEA Finance Achievement Awards ceremony, which was held in London on Thursday, 06 May 2024.
These include the Best Sovereign Sukuk Programme Award for managing Nigeria’s ₦150 billion domestic Sukuk programme; demonstrating the firm’s expertise in supporting government initiatives through innovative Islamic finance.
Similarly, 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, ascertaining its proficiency in navigating the local debt market and supporting the strategic growth of its corporate clientele.
Stanbic IBTC Capital crowned it all with the Best Project Bond in EMEA Award 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 drive in the investment banking sector and its focus on providing innovative investment banking solutions that drive economic growth and development in Niger