Archive

Absa Capital excels in JSE Spire Awards  

 11/5/2009 
Absa Capital, the investment banking division of Absa Bank Ltd, has taken top honours in the annual JSE Spire Awards. Demonstrating a very impressive performance, Absa Capital excelled in the awards taking first place in nine out of the 15 categories that the investment bank was eligible to enter.

Wins include overall best fixed income house; best bond trading house; best derivatives trading house; best bond sales team; best bond price making team; best interest-rate derivatives trading team; best interest-rate derivatives sales and structuring team; best credit analyst and best primary markets house.

Absa Capital was recognised for these nine awards largely for its trading and sales capability.

In addition, Absa Capital also performed strongly in the best research house; best technical analyst and best inflation-linked debt house categories.

Best debt issue went to the South African National Roads Agency Limited in which Absa Capital played an instrumental role.

Says Stephen van Coller, CEO for Absa Capital: “In a difficult economic environment we have excelled in the South African fixed income market this year. We are delighted to feature prominently across so many of the Spire Award categories. I am particularly pleased with the fact that we dominated the bond, derivative sales and trading categories. These awards entrench us as leaders in this field demonstrating our innovative approach and commitment to the market.”

These accolades come hot on the heels of Absa Capital achieving first place in the interest rates category in this year’s Risk Magazine survey as well as taking top honours in the UK Banker Awards for Most Innovative for Inflation Linked Products last month, in affiliation with global partner Barclays Capital. This kudos supports Absa Capital’s ambition of becoming the leading investment bank in sub Saharan Africa.

The JSE Spire Awards is an annual event and recognises those individuals and teams who have used talent, intelligence and commitment to contribute to the fixed income market in South Africa.

Ends

About Absa Capital
Absa Capital, a division of Absa Bank Limited (Absa) and affiliated to Barclays Capital, is a leading South African investment bank with global reach, offering clients financing, risk management and advisory solutions in a wide range of currencies and structures across the globe.

Issued by:
FD Media & Investor Relations
Kate Kelly
+27 11 214 2407
+27 79 637 4663
kate.kelly@fd.com

For further information contact:
Absa Capital
Graeme Coetzee
Associate Principal
Marketing and Corporate Communications
+27 11 895 6695
+27 79 695 9798
graeme.coetzee@absacapital.com
Back to top
© Copyright. Absa Bank Limited, Registration number 1986/004794/06. All rights reserved | Authorised Financial Services Provider and a registered credit provider (NCRCP7) | Absa idirect’s FSP 34766; Absa Insurance Company’s FSP 8030